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153 Windmillhill St 550 SF Retail Building Motherwell ML1 1RY $132,134 ($240.24/SF) 10.10% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prominent signage
  • Connectivity into central Glasgow and beyond via M74
  • On major retail street with Lidl, Boots, Windmill Tavern, etc.

EXECUTIVE SUMMARY

The property benefits from a single display window frontage and single door access secured by an aluminium roller shutter.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront
Building Size
550 SF
Building Class
B
Year Built
1904
Price
$132,134
Price Per SF
$240.24
Cap Rate
10.10%
NOI
$13,347
Tenancy
Single
Building Height
2 Stories
Building FAR
0.22
Lot Size
0.06 AC
Parking
3 Spaces (5.45 Spaces per 1,000 SF Leased)
Frontage
12’ on Windmillhill Street

AMENITIES

  • Security System
  • Signage

NEARBY MAJOR RETAILERS

Tesco
Co-op
Lidl
SPAR
ASDA
Farmfoods
Iceland
Bank of Scotland
Pure Gym
Costa Coffee
  • Listing ID: 30446300

  • Date on Market: 12/27/2023

  • Last Updated:

  • Address: 153 Windmillhill St, Motherwell ML1 1RY

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