Shepherd brings former Pioneer Credit Union property in Barrhead to market for sale
Acting on the instructions of the joint administrators for Pioneer Mutual Credit Union, Shepherd Chartered Surveyors has brought the former Credit Union property in Barrhead to the market for sale.
The prominent Class 2 retail unit is situated within the main retailing thoroughfare within Barrhead and comprises ground floor corner retail and office accommodation.
The property formerly comprised two separate retail units which have been combined to create a single unit and is currently configured to provide a mix of open plan and cellular office space with ancillary accommodation. The accommodation is finished to a high standard and would suit immediate occupation.
In addition to the retail and office space, the 1,443 sq ft property includes a terrace of three lock-up garages to the rear.
Christopher Johns, surveyor at Shepherd, said: “We have witnessed a healthy level of demand for good quality and well-located secondary retail/Class 2 units as neighbourhood parades have been more robust during the pandemic due to an increase in the number of shoppers staying local and supporting local businesses.
“Given this property’s location on one of Barrhead’s main retailing pitches, its proximity to residential housing, the generous return frontage and the benefit of the Class 2 consent, this property offers extremely desirable accommodation within its local context. In addition, 100% rates relief may be available to qualifying occupiers.
“The three garages to the rear also offer opportunities as while they are currently income producing, they could potentially be redeveloped, subject to the appropriate consents being obtained. As a result, we anticipate the property will generate much interest.”
The property is marketed in whole or in part with offers in excess of £150,000 invited for the whole building.