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No longer on the market

This property is no longer on the market

Retail property (high street)

Auction
Retail property (high street)
548
Added > 14 days

Features and description

  • - Let to Dignity Funeral Limited on a 40 year lease until July 2037 (no breaks)
  • - Funeral parlour of approx. 50.95 sq m (584 sq ft) over ground and basement
  • - 5 yearly rent reviews
FOR SALE BY ONLINE AUCTION WEDNESDAY 23rd JULY 2025 AT 9.00AM - *PRIME TENANTED INVESTMENT OPPORTUNITY*REPUTABLE MASSIVE NATIONAL TENANT (Dignity Funeral Limited)*SECURE RENTAL INCOME OF £3,000 PER ANNUM EXCLUSIVE*ATTRACTIVE AFFORDABLE LOT SIZE*

*A rare opportunity to acquire a fully tenanted commercial property in the heart of Lesmahagow. Located at 1 Baker's Brae, this well-presented premises is occupied by the long-established Henry Dorricott Funeral Services, a respected local business providing consistent footfall and secure rental income.*

*KEY FEATURES*

- Let to Dignity Funeral Limited on a 40 year lease until July 2037 (no breaks)

- Funeral parlour of approx. 50.95 sq m (584 sq ft) over ground and basement

- 5 yearly rent reviews

- VAT free investment

- Prominent Location: Situated on a visible corner plot near the town centre, the site benefits from excellent road frontage and accessibility.

- Attractive Building: A characterful stone-built property with modern interior fittings appropriate for its current use.

*This is an ideal hands-off investment opportunity for commercial property investors seeking a stable, income-generating asset in a strong local market.*

*RECENT NEARBY RESIDENTIAL PROPERTY SALES*
- 30, Bankhead Terrace, Lanark, ML11 9BW - 2 Bedroom - SOLD Apr'25 - £120,000
- 1, Braeside Crescent, Kirkmuirhill, Lanark, ML11 9SG - SOLD Apr'25 - £105.000
- 1, Somerville Drive, Carnwath, Lanark, ML11 8JL - SOLD Apr'25 - £101,750

*Lesmahagow is a small town in the historic county of Lanarkshire on the edge of moorland, near Lanark in the central belt of Scotland. It lies west of the M74, and southeast of Kirkmuirhill. It is also known as Abbey Green or the Gow. The population is around 4,310 (as of 2021).*

*Lesmahagow is easily accessible by car, being just off the M74 motorway at junction 10. It's also reachable by bus from Glasgow and other nearby towns.*

*Lesmahagow is served by two primary schools (Woodpark Primary School and Milton Primary School), and by the secondary school Lesmahagow High School. South Lanarkshire College is the closest college, located in East Kilbride, which is a short distance from Lesmahagow.*

*Lesmahagow has a mix of village shops and pubs. Lesmahagow sits on high ground with scenic views overlooking the Clyde Valley. Once a bustling mining community, it is now a quiet rural location with a strong sense of community. The Lesmahagow Highland Games and the crowning of the Tartan Queen take place in June.*

GUIDE PRICE - £45,000

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Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
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Online Property Auction Group - Glasgow
Online Property Auction Group - Glasgow
1008 Pollokshaws Road Glasgow, Scotland G41 2HG
0141 376 3438
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Online Property Auction Group are revolutionizing the way buyers and sellers engage in the property market. Offering a fast, transparent, and accessible platform, our auctions provide an innovative alternative to traditional property transactions. Whether you're a seasoned investor or a first-time buyer, Online Property Auction Group eliminate the need for lengthy negotiations and streamline the entire process, allowing participants to bid from the comfort of their own homes. With the UK diverse property market — from bustling city apartments to serene countryside estates — Online Property Auction Group open up a world of opportunity, making it easier than ever to secure your ideal property.
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