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101-105 High Street, Lanark, ML11 7LN

3,047 Sq Ft / Retail

To Let - £28,000.00 per annum

Available - Last updated: 20 April 2021

Prime Trading Locale

Substantial Detached Property

Ground & 1st Floor

3,047sq ft

Hot Food Potential

V.A.T Free

£28,000p.a.

 

Location

 

The property is situated on the north side of High Street within the town centre of Lanark west 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. 

 

Neighbouring occupiers include Costa Coffee, Greggs, Lloyds Pharmacy, Boots and Ebi’s Fish & Chips.

 

Property

 

The subjects comprise a detached ground and first floor retail unit within the town centre of Lanark with extensive glazed frontage and entrance gained via a double aluminium framed glazed doorway leading to an open plan sales area with flooring being overlaid by a mixture of laminated timber & linoleum. Lighting is provided by way of fluorescent strips recessed within the suspended acoustic tile ceiling. 

 

The rear of the subjects has been partitioned to form separate storage along with separate staff tea prep area, office & w.c. facilities.

 

The unit currently benefits from Class 1 (Retail) consent however may lend itself to a variety of alternate uses 

 

Area

 

The subjects have been measured on a Net Internal Area basis to offer:

 

Ground Floor: 171.3sqm (1,844sq ft)

1st Floor (Store): 98.1sqm (1,056sq ft)

1st Floor (Roof): 13.7sqm (147sq ft)

 

Total: 283.1sqm (3,047sq ft)

 

NAV/RV

 

The subjects have been assessed and entered onto the valuation roll with an NAV/RV of:

 

£36,500

 

Rent

 

The property is available on a new full repairing and insuring head lease for a negotiable term for £28,000per annum

 

V.A.T.

 

V.A.T. will not be charged in addition to the rent

 

E.P.C.

 

Available on request

 

Viewing

 

By appointment 

 

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 will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time. 

 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £28,000.00 per annum

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Contact agents

Will Rennie

TSA Property Consultants

0141 538 0192



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