£14,491 pa

Restaurant to let

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Just added

£14,491 pa

(£13.03/sq. ft. pa)

Restaurant to let

15 Stewarton Street, Wishaw ML2

1,112 sq. ft

Local area information

Property location

Nearby amenities

  • St Ignatius' Primary School 0.3 miles
  • Wishaw Academy Primary School 0.3 miles
  • Wishaw 0.3 miles
  • Shieldmuir 1.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Prominent trading location
  • Main road frontage
  • Busy thoroughfare
  • High standard fit-out
  • Turnkey opportunity
  • Estimated Rates Payable: £6673.2
Description

The subjects comprise a corner ground floor hot food takeaway within a mixed-use building of masonry construction under a pitched and slate tiled roof. The building is arranged over two floors.

The takeaway is accessed via a single recessed pedestrian door which leads into the customers waiting area. Internally, the space is fitted out to a high standard in corporate branding. The commercial kitchen is, as expected, fitted out to a professional standard with extract ventilation, conveyor gas fired pizza oven, pizza prep station and a range of stainless steel sink units, utility basins and fitments.

A comprehensive range of floor and wall mounted style units are installed with appropriate worktops. The floor is of tile/commercial vinyl, walls covered with splash backs and the suspended grid ceiling incorporates LED spot lighting. There are 2 independent walk-in chill/freezer rooms and ancillary accommodation to the rear.

Location

The property is located on the corner of Stewarton Street and Young Street in Wishaw. Stewarton Street forms an extension to Main Street, which is the principal retailing thoroughfare for the town. The property enjoys excellent public transport connections, with regular and bus services passing along Stewarton Road, whilst Wishaw Rail Station is only a few minutes’ walk away. Nearby occupiers include William Hill, Aroma Coffee & Kitchen and Bank of Scotland.

Tenure

The lease is available by way of assignation, for the residual term of the lease, which expires in April 2043. The current rent is £14,491 per annum. The rent is subject to an open market rent review in April 2026 and at 5 yearly intervals. There is a break option in April 2026.

Premium

Offers over £120,000 are sought for our client’s leasehold interest in the property including the fixtures and fittings in situ.

Rateable Value

According to the Scottish Assessors Association, the subjects have a Rateable Value of £13,400.

EPC

The property has an Energy Performance Certificate (EPC) rating of C (33). A copy of the EPC is available upon request.

VAT

The subjects are not elected for VAT, therefore, VAT is not payable on the rent.

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  1. Zoopla
  2. Commercial to let
  3. North Lanarkshire
  4. Wishaw
  5. Stewarton Street