Offers over
£175,000
(£121.95/sq. ft)
Retail premises for saleHigh Street, Lanark ML11
1,435 sq. ft
Just added
About this property
Town Centre Retail Unit
Long Standing Tenant
Ground Floor 1,435sq ft
Let to Card Factory
Lease Extended to 2030
Passing £19,500p.a.
Price: O/o £175,000
Location
The property is situated on the north side of High Street close to its junction with Bull’s Close on the main retailing location within the town of Lanark.
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.
Neighbouring occupiers include Specsavers, Costa, Hays Travel and Greggs.
Property
The property comprises a ground floor retail unit set with a larger commercial parade.
The property offers a prominent glazed frontage. Internally the property is presented in accordance with the tenants corporate specifications with suspended acoustic tile ceiling with L.E.D. Panels.
Partitions have been erected to the rear to form store, office and staff facilities.
Nav/rv
£19,200
Area
133.35sqm (1,435sq ft)
Lease Summary
The property is held on a full respiring and insuring head lease to Sportswift Ltd t/a Card Factory expiring 24th February 2030 at a passing rent of £19,500p.a. With a tenants break in 2028
Price
Our client is seeking offers over £175,000 for their freehold interest
E.P.C
Available on request
Title & Lease
Available on request
Viewing
Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business
Legal
Each party shall bear their own legal costs incurred in the transaction
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.
Long Standing Tenant
Ground Floor 1,435sq ft
Let to Card Factory
Lease Extended to 2030
Passing £19,500p.a.
Price: O/o £175,000
Location
The property is situated on the north side of High Street close to its junction with Bull’s Close on the main retailing location within the town of Lanark.
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.
Neighbouring occupiers include Specsavers, Costa, Hays Travel and Greggs.
Property
The property comprises a ground floor retail unit set with a larger commercial parade.
The property offers a prominent glazed frontage. Internally the property is presented in accordance with the tenants corporate specifications with suspended acoustic tile ceiling with L.E.D. Panels.
Partitions have been erected to the rear to form store, office and staff facilities.
Nav/rv
£19,200
Area
133.35sqm (1,435sq ft)
Lease Summary
The property is held on a full respiring and insuring head lease to Sportswift Ltd t/a Card Factory expiring 24th February 2030 at a passing rent of £19,500p.a. With a tenants break in 2028
Price
Our client is seeking offers over £175,000 for their freehold interest
E.P.C
Available on request
Title & Lease
Available on request
Viewing
Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business
Legal
Each party shall bear their own legal costs incurred in the transaction
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.
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