, Bannatyne Street Portfolio, Lanark Town Centre, ML117JR
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- SIZE
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- SECTOR
Commercial property for sale
Key features
- IMPRESSIVE INCOME PRODUCING PORTFOLIO INVESTMENT located in PRIME TRADING POSITION directly opposite the train station in the busy town centre of the Royal Borough of Lanark.
- ***Supersized building with 4 commercial units and 6 converted residential letting rooms with communal kitchens and lounge*** Additional unused attic rooms
- 100% SECURE TENANCIES with excellent covenants including CO-OP Funeralcare who have been trading exceptionally well from this location since 1999 with lease extended until 2029. Grade A Tenant.
- The portfolio has been refurbished to a high standard internally with additional major works undertaken on roof and external areas. All residential rooms furnished with en suite facilities.
- SUPER INVESTMENT OPPORTUNITY. Solid current rental income of £31,200 per annum with potential up to £220,000 upon full occupancy.
Description
** SALE BY AUCTION - 16 July 2026 - Timed Online Auction **
IMPRESSIVE INCOME PRODUCING PORTFOLIO INVESTMENT located in PRIME TRADING POSITION directly opposite the train station in the busy town centre of the Royal Borough of Lanark. The property comprises. 1.Ground floor commercial unit let to Coop Funeral Care. 2. Ground floor unit let to nail bar. 3. Ground floor, vacant commercial unit. 4. First floor commercial unit let to physiotherapist. 5. 6x 1 bed rooms with en suites. 6. 1 Large communal lounge 7. 2 communal kitchens 8. Attic space with 4 undeveloped rooms. Private parking to rear. Current rental income. Coop £10,000 pa Nail bar £7,200 pa Physiotherapy £14,000 pa Vacant commercial potential £7,200 pa Letting rooms could attract circa £100 per night on serviced accommodation rates (subject to licencing) Rental potential up to a massive £220,000 per annum. . 100% SECURE TENANCIES with excellent covenants including Co-Op Funeralcare who have been trading exceptionally well from this location since 1999 with lease extended until 2029. Grade A Tenant. 2 of the units have recently been refurbished internally to a high standard by the seller prior with additional upgrading carried out externally. Other units finished to high corporate specification. SUPER INVESTMENT OPPORTUNITY annum giving OUTSTANDING POTENTIAL YIELD Rare opportunity with all units together. FREEHOLD SALE. Sold with tenants in place. PERFECT INVESTMENT OPPORTUNITY WITH OUTSTANDING POTENTIAL RETURNS.
Town centre location directly opposite the train station and large Supermarket. The Royal Burgh of Lanark is steeped in history and has all the required facilities and amenities, including modern primary and secondary schools, historic 18 hole golf course and Lanark Loch, good access to the Scottish Borders and the Clyde valley, providing excellent walks for the outdoor enthusiast including Tinto Hill and the Falls of Clyde. Lanark is much favoured particularly for those requiring good transport links, local train station and easy access to Glasgow and Edinburgh. Edinburgh City Bypass is only a thirty minute drive away, giving good access to East Central Scotland. The M74 is only a fifteen minute journey giving good access to Glasgow and the West of Scotland. In all, this property is ideally situated for the commuter to either Edinburgh or Glasgow
Auction Details
16 July 2026, 10am-3pm
Timed Online Auction
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, Bannatyne Street Portfolio, Lanark Town Centre, ML117JR
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
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