57 Kirk Road Wishaw North Lanarkshire ML2 7BL

57 Kirk Road
Wishaw
North Lanarkshire
ML2 7BL

Substantial Heritable Development Opportunity

Former Bingo Hall in Wishaw Town Centre (category C listed)
Approximately 34,010 sq ft
Development and change of use and development opportunities to include residential, community use or storage (subject to consents)
Of interest to owner occupiers, investors and developers
Nearby occupiers include Iceland, Santander, Costa, Subway, Domino's and JD Wetherspoon (opposite)
VAT not applicable

Lot
58
Auction
25th September 2024
Vacant Possession
plus £12,500 pa from Radio Mast (Holding Over) (1)
Status
Sold
Price
£229,000
Auction Venue
Live Streamed Auction

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Substantial Heritable Development Opportunity

Former Bingo Hall in Wishaw Town Centre (category C listed)
Approximately 34,010 sq ft
Development and change of use and development opportunities to include residential, community use or storage (subject to consents)
Of interest to owner occupiers, investors and developers
Nearby occupiers include Iceland, Santander, Costa, Subway, Domino's and JD Wetherspoon (opposite)
VAT not applicable

Lot 58
Auction 25th September 2024
Vacant Possession plus £12,500 pa from Radio Mast (Holding Over) (1)
Status Sold
Price £229,000
Sector
Development
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 18 miles south-east of Glasgow
Roads: A73, A721, M8 (Junction 6), M74 (Junction 8)
Rail: Wishaw Railway Station
Air: Glasgow Airport

Situation

The property is prominently situated on the northern side of Kirk Road, in the heart of the town centre. Nearby occupiers include Iceland, Santander, Costa, Subway, Domino's and JD Wetherspoon (opposite).

Tenure

Heritable. (Scottish equivalent of Freehold).

Location

Miles: 18 miles south-east of Glasgow
Roads: A73, A721, M8 (Junction 6), M74 (Junction 8)
Rail: Wishaw Railway Station
Air: Glasgow Airport

Situation

Tenure

Heritable. (Scottish equivalent of Freehold).

Description

The property comprises a substantial, category C listed, former bingo hall arranged over ground, basement, mezzanine, circle and circle foyer floor levels. The property benefits from income from a radio mast on the roof (1).

VAT

VAT is not applicable to this lot.

Planning

The property may lend itself to alternative uses and/or redevelopment, subject to obtaining all the necessary consents. All enquiries should be made with North Lanarkshire Council. (www.northlanarkshire.gov.uk) (Phone: 0345 143 0015)

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

Planning

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas (Approx sq ft)	Tenant
Ground Basement (Plant) Mezzanine Circle Foyer Circle	Former Bingo Hall	1,570.81 - 334.90 375.35 878.63	(16,908) - (3,605) (4,040) (9,457)	VACANT
Total		3,159.69	(34,010)

(1) Please note that the property is subject to income from a radio mast on the roof at £12,500 pa, payable annually in advance from 18th April. The lessee is holding over and terms have been agreed for a new lease at a new rent of £5,000 pa, with all professional costs to be met by the mast lessee - please see legal pack.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.