Property for sale
Property description & features
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Vacant
- AUCTION DATE: 09 May 2024
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
*HIGH STREET COMMERCIAL INVESTMENT OPPORTUNITY* Substantial retail unit located in extremely prominent position within the popular Lanark High Street. REALISTIC RENTAL POTENTIAL OF £15,000- £16,000 PER ANNUM. Prominent single frontage, recessed entrance leading to an open plan sales area, counter and partitioned rear area with tea prep, store and w.c facilities. Prime trading spot close to the town's amin free car park. Super trading location on the popular High Street beside busy bus stop. Neighbouring occupiers include Greggs, Specsavers, Thomas Cook, Poundland, Costa Coffee, Ladbrokes, Chest Heart and Stoke & Royal Bank of Scotland. SUPER SIZE- 28.19qm (303.4sq ft) in HIGH DEMAND RENTAL LOCATION with realistic rental potential of £15,000- £16,000 per annum. Property is exempt from rates (subject to status). The subjects are situated on the South side of High Street, East of its junction with Wellgate within the main retail parade of Lanark’s town centre. Lanark is a busy market town located approximately 20 miles south east of Glasgow and 30 miles south west of Edinburgh. The town has a resident population of c.10,000 with a further catchment of 55,000 persons.
Auction Details
09 May 2024, 3pm
Deadline for Offers
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