Town Centre Retail Unit
The subject property comprises a retail unit, most recently in use as an estate agency office. Internally they provide sales/display area to the front with staff toilet to the rear. Finishes include carpeted walls, suspended ceiling and recessed lighting. Tenure The property is held as part of a headlease to TSB due for expiry on 17th January 2025. There is a tenant only break option in January 2020. The subjects are available by way of a sublease in part from TSB. Incentives are available, subject to covenant. Rent Rental details are available on application to the sole agents. Rates We are verbally informed by the local rating authority that the current Rateable Value of the subject property is £6,900. The UBR for 2017/2018 is 46.6p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.Less
Cumbernauld is located approximately 14 miles (23 km) north east of Glasgow and 37 miles (60 km) west of Edinburgh. The town benefits from its proximity to the A80 which provides rapid access to Scotland’s motorway network, most notably the M73 and M80 to the west along with the M876, M80 and M9 to the east. The town has a resident population of 52,000 people. Cumbernauld is also well served by three separate rail stations within 2 miles of the centre. Cumbernauld Station offers a direct service to Glasgow with a fastest journey time of 27 minutes. There are also regular services to Edinburgh (55-60 minutes). The town centre of Cumbernuald is characterised by a large covered shopping centre, in 3 distinct sections, namely Antonine, Town Centre and The Centre, Cumbernauld. The subject property is located in the heart of the Town Centre area, which is characterised by service led occupiers.