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UNDER OFFER

Lanark Delivery Office, 1 Home Street, Lanark, South Lanarkshire, ML11 9AR

Offers in Excess of
£640,000

£62.75 per sq ft

Business rates & charges may apply

Graham & Sibbald, Edinburgh
SIZE AVAILABLE

10,199 sq ft

948 sq m

SECTOR

Commercial property for sale

Key features

  • Prime Location
  • Excellent Accessibility
  • Standalone Distribution Warehouse
  • Heritable Interest - Fully Leased to Royal Mail Group Ltd
  • Passing Rent £37,200 per annum

Description

This modern warehouse spans 10,199 sq ft (948 sq m) and boasts the following features:

Fully Secure Yard:
Ideal for safeguarding goods and equipment.

Modern Tenant Fit-Out:
Ensures an efficient workspace.

4.6m Eaves Height:
Ample vertical space for storage and operations.

Dedicated Car Parking:
Convenient parking for staff and visitors.

Current Rent:
The passing rent is £37,200 per annum (£3.64 per sq ft) until August 2025. Subsequently, it will increase to £42,500 (£4.16 per sq ft) with an upward-only open market rent review in August 2030. The vendor will ensure the rent reaches £42,500 per annum upon sale

Royal Mail recently extended the lease by 10 years,
demonstrating their long-term commitment to the
building, consolidating their operations in the
surrounding areas into this unit. The agreed rent is
significantly below the current market rate, offering
future potential for appreciation for any purchaser.
The warehouse now serves as a critical delivery office,
covering Lanark, Carluke, and Biggar

Brochures

Lanark Delivery Office, 1 Home Street, Lanark, South Lanarkshire, ML11 9AR

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lanark Station0.5 miles
  • Carstairs Station4.0 miles
  • Carluke Station5.4 miles

About Graham & Sibbald, Edinburgh

40 Torphichen Street, Edinburgh, EH3 8JB

Notes

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Disclaimer - Property reference 53388FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Graham & Sibbald, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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