Bannatyne Street, Lanark, Lanarkshire, ML11
- PROPERTY TYPE
Hairdresser / Barber Shop
- BATHROOMS
1
- SIZE
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Key features
- 7-unit residential portfolio
- All properties within close proximity
- Fully tenanted with established occupants
- Strong current rental income
- Clear rental uplift potential
- Mix of 1 & 2 bedroom units
- Low void risk location
- Ideal for portfolio expansion
- Attractive yields with upside
- Turnkey investment opportunity
Description
The unit comprises:
Bannatyne Street (Commercial Unit) - £600 PCM | Market Rent £700 PCM
The unit currently generates £600 PCM (£7,200 annually), with market rent of £700 PCM (£8,400 annually), contributing to the overall income of the portfolio.
The wider portfolio produces £3,685 PCM (£44,220 annually), increasing to £4,296 PCM (£51,540 annually) once residential rents are aligned.
Located within a central position, the unit benefits from accessibility and established tenant demand, providing a consistent income stream and contributing to the overall strength of the portfolio.
Why Lanark?
Lanark is a well-established rental market with consistent demand from both residential and commercial tenants. The town benefits from strong local amenities, transport links and accessibility to surrounding areas, making it a reliable location for long-term investment.
A full portfolio breakdown is available upon request.
At Harlow Homes, we work to ensure a smooth and secure sale. A buyer's fee may be required to reserve the portfolio and confirm commitment.
Bannatyne Street, Lanark, Lanarkshire, ML11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lanark Station0.1 miles
- Carstairs Station4.3 miles
- Carluke Station4.9 miles
Notes
Disclaimer - Property reference 036. 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 Harlow Homes, Hamilton. 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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