Summary - 6, HALLCRAIG STREET ML6 6AH
1 bed 1 bath Retail Property (high street)
Freehold, tenanted high‑street unit — income now, repositioning potential at lease end.
Prime Hallcraig Street frontage with high pedestrian footfall
A compact freehold high‑street unit in the heart of Airdrie, offered with a sitting tenant paying £10,000 per annum. The 404 sq ft ground‑floor retail space benefits from a prominent frontage on Hallcraig Street, heavy pedestrian flow and close walking distance to Airdrie railway station and bus routes — useful for ongoing occupation or onward marketing at lease expiry.
The property is sold live at online auction with a guide price of £85,000 and five years remaining on the current lease (expires February 2030). That remaining lease term materially affects financeability: many mortgage lenders may refuse lending on a commercial purchase with limited unexpired lease, so buyers should plan for cash purchase or specialist funding. There is also a buyer’s premium and possible additional fees — check the legal pack.
Internally the layout is open plan with display windows, small staff/kitchen facilities and WC. The building is period in character and suits an investor seeking rental income or a buyer prepared to reconfigure the space (subject to consents). Note the surrounding locality is classified as very deprived and broadband speeds are reported as very slow, which could limit some occupier types and affect rental growth prospects.
For a purchaser able to accept the short lease and local market conditions, the lot presents a relatively low‑entry price for a town‑centre freehold investment with immediate income and clear repositioning potential when the lease ends.
High street retail property for sale in 4 Hallcraig Street, Airdrie, Lanarkshire, ML6 6AH, ML6 — £75,000 • 1 bed • 1 bath
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Commercial property for sale in 10 Broomknoll Street, Airdrie, ML6 6BN, ML6 — £85,000 • 1 bed • 1 bath • 712 ft²
Commercial property for sale in 33 and 35 Clark Street, Airdrie, ML6 6DH, ML6 — £170,000 • 1 bed • 1 bath • 920 ft²
Property for sale in 131 Station Road, Shotts, ML7 4BJ, ML7 — £50,000 • 1 bed • 1 bath
