Rosehall Rd
Shotts, ML7 4AH
- Land for Sale
- 3.78 ac Plot
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Commercial Property for Sale near Shotts, UK
Explore the Latest Shotts Commercial Property for Sale
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Commercial Properties for Sale Within 5 miles of the Shotts, UK
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FAQs about Commercial Properties For Sale in Shotts
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How many Commercial Property listings are available for sale in Shotts?
There are currently 1 Commercial Properties available for sale near Shotts.
These Shotts Commercial Property listings have an average size of.
The largest available listing in Shotts is.
The thriving commercial centre and excellent transport links in Shotts make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Shotts?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Shotts currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Shotts?
There is a diverse range of commercial properties available in Shotts to suit various business needs.
Shotts offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries.
With a total of 1 Shotts commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.
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Market Overview for Commercial Properties in Shotts
Key information for Commercial Properties investors in Shotts and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.
| City | Avg Price Per Sq Ft | Avg Size Available |
|---|---|---|
| Wishaw | £57 | 1,094 sq ft |
| Carluke | £64 | 2,625 sq ft |
| Armadale | £135 | 1,498 sq ft |
| Airdrie | £95 | 3,027 sq ft |
| Motherwell | £88 | 7,375 sq ft |
Rental Price Trends in Shotts
The price per square foot range for Commercial Properties in Shotts and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.
| City | Min £ Sq Ft | Avg £ Sq Ft | Max £ Sq Ft |
|---|---|---|---|
| Wishaw | £53 | £57 | £60 |
| Carluke | £30 | £64 | £99 |
| Armadale | £135 | £135 | £135 |
| Airdrie | £32 | £95 | £216 |
| Motherwell | £31 | £88 | £171 |
Available Building Sizes
A summary of the current sizes of Commercial Property for sale in the Shotts area. Refine your search based on space requirements and investment level.
| City | Smallest Property | Avg. Sq Ft | Largest Property |
|---|---|---|---|
| Wishaw | 970 sq ft | 1,094 sq ft | 1,218 sq ft |
| Carluke | 594 sq ft | 2,625 sq ft | 7,335 sq ft |
| Armadale | 1,498 sq ft | 1,498 sq ft | 1,498 sq ft |
| Airdrie | 340 sq ft | 3,027 sq ft | 11,348 sq ft |
| Motherwell | 970 sq ft | 7,375 sq ft | 18,670 sq ft |
You searched for commercial property for sale in Shotts. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.
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