INCOME PRODUCING INVESTMENT*** Ground floor commercial property. EXCELLENT TRADING POSITION. Boots Opticians in occupation producing £20,000 per annum on a FRI Lease.
The property forms the ground floor retail unit with an a larger mixed use traditional development surmounted by a pitched roof. Then area has been measured to the following: Ground 1,026sq ft
The property has been fitted out in accordance with the tenants corporate specifications with laminated wooden floors fitted WC, office, suspended acoustic tile ceiling and LED lights.
Neighbouring occupiers include; Primark, Barrhead Travel, Scotcrest Uniform, and Esme Anne Children's Boutique. Additionally, the Regent Shopping Centre, incorporating an M&S store is close by.
INCOME PRODUCING INVESTMENT*** Ground floor commercial property. EXCELLENT TRADING POSITION. Boots Opticians in occupation producing £20,000 per annum on a FRI Lease. Tenant: Boots Opticians Professional Services Passing Rent: £20,000p.a.x. Term: 5th April 2025 until 6th April 2035 Review & Break: 6th April 2030 Further Info: Boots UK, part of Walgreens Boots Alliance, is a leading health and beauty retailer founded in 1849, offering pharmacy services, cosmetics, wellness products, and specialised healthcare like opticians and hearing care. It operates primarily on high streets and in shopping centres, serving over 85% of the UK population within a 10-minute walk. • Opticians and Hearing Outlets: Approximately 550 opticians practices (including integrated and standalone) and over 400 hearing care centres across the UK. • Total Stores: Around 2,000 retail stores in the UK and Ireland. • High Street Presence: Strong focus on high streets and shopping centres, with convenient access for most communities. • Annual Turnover: £7.3 billion (year ending August 2024). • Staff Employment: Approximately 64,000 employees. The property forms the ground floor retail unit with an a larger mixed use traditional development surmounted by a pitched roof. Then area has been measured to the following: Ground 1,026sq ft The property has been fitted out in accordance with the tenants corporate specifications with laminated wooden floors fitted WC, office, suspended acoustic tile ceiling and LED lights. Neighbouring occupiers include; Primark, Barrhead Travel, Scotcrest Uniform, and Esme Anne Children's Boutique. Additionally, the Regent Shopping Centre, incorporating an M&S store is close by.
Hamilton is the administrative centre for the South Lanarkshire Council area, and lies approximately 12 miles south east of Glasgow. The town benefits from excellent road and rail links. The A723 gives immediate access to the M74/M8 and Central Scotland motorway network, linking to Glasgow, Edinburgh and the North of England, and there is a half hourly direct service to Glasgow Central from Hamilton Rail Station, which is an 8 minute walk from the property. The subjects are situated on Quarry Street, a pedestrianised area, in Hamilton Town Centre. South Lanarkshire Council is designing a masterplan for a multi-million pound regeneration project for the transformation of Hamilton Town Centre to create a new "urban village" with up to 450 new homes.
Full Address: 55 Quarry Street, Boots Investment, Hamilton, ML3 7AH
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