1 Bakers Brae, Lesmahagow, Lanark, Lanarkshire, ML11 0EP
£82.12 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
548 sq ft
51 sq m
- SECTOR
High street retail property for sale
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
Description
***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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Brochures
1 Bakers Brae, Lesmahagow, Lanark, Lanarkshire, ML11 0EP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lanark Station5.1 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Online Property Auction Group, Glasgow on 01409 335799.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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