For Sale By Auction | 14:00, 27 June 2019

16, Bloomgate, Lanark, South Lanarkshire, ML11 9ET

*Guide | £40,000+ (plus fees)

  • Shop
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 27/06/2019

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Retail unit

Exceptional opportunity to purchase this well positioned ground floor retail unit conveniently located on a busy thoroughfare in Bloomgate which is a continuation of High Street and is essentially a secondary retail street within the town of Lanark. Surrounding properties to the subject comprise a mix of retail and residential units and retail occupiers within the nearby area comprise both local and national. The gross internal floor area extends to 714.94 sq.ft (66.42 sq.m) with a rateable value of £6,300 p/a and is disposed entirely on the ground floor and comprises a large front of house sales area, a large stock room to the rear and a wc. The premises benefits from an impressive double frontage, service door to the rear of the unit. The premises boasts Class 2 Office consents and would be of interest to a variety of retailers.

Tenure

Freehold

Located in busy thoroughfare

Prominent frontage

Possible change of use subject to planning

Planned council regeneration of high street

Large front of house and stock room

Area

Lanark is a historic market town located within South Lanarkshire region around 28 miles south east of Glasgow and 14 miles south east of Hamilton. The town has a population of around 8,000 person and is a popular commuting location lying at the convergence of the A72 and A70, with the M74 located nearby. Lanark has a main line railway station offering regular services to Glasgow and the surrounding Lanarkshire towns.

Local Authority

South Lanarkshire Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.