An end terraced retail unit contained over ground floor of a three storey traditional built property.
Internally the unit is broadly rectangular in shape and has been subdivided to form main sales area to the front with kitchen/storage and staff toilet accommodation located to the rear.
Location
The subjects are located on the south side of High Street, close to the junction with Bannatyne Street and St Leonard Street within Lanark town centre. The locality is mostly commercial and retail in nature with nearby occupiers including Timpsons, RBS, Santander, Boots and a variety of local traders.
Lanark is a historic market town located within South Lanarkshire region around 28 miles south east of Glasgow and 14 miles south east of Hamilton. The town has a population of around 8,000 persons and is a popular commuting location lying at the convergence of the A72 and A70, with the M74 located nearby. Lanark has a main line railway station offering regular services to Glasgow and the surrounding Lanarkshire towns.
Accommodation
From measurements taken on site we calculate the property to have a Net Internal area of 31.83 sq.m. (342 sq.ft.), or thereby.
Terms
RATES - From the Scottish Assessors website we note the property to have a Rateable Value of 5,800. Under the Small Business Bonus Scheme, this property should qualify for 100% rates relief, subject to occupier’s status.
Please note that a new occupier has the right to appeal the current assessment.
PRICE - Offers over £XXX, exclusive of VAT (if applicable) are invited for our client’s heritable interest.
EPC - Available on request.
ENTRY - Entry is available upon completion of legal formalities.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred in the transaction.
Specification
- Prominent shop within Lanark town centre.
- 100% rates relief, subject to occupier’s status.
- NIA 31.83 sq.m. (342 sq.ft.), or thereby.
- Offers over £XXX are invited.