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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

***INCOME PRODUCING COMMERCIAL INVESTMENT*** Supersized building. Tenanted commercial premises. Held on a FRI lease with 9 years remaining at £36,000pa. Rent review every 2 years

PRIME INVESTMENT PROPERTY in excellent trading position. **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield producing £36,000 per annum on a FRI lease.

SUPER TRADING POSITION ***The property benefits from an alcohol licence. Ongoing renovations to the upper floors to reinstate the former letting rooms.

Compromises: Large restaurant / dining area, kitchen, bar and snug area. Single storey extension to the rear providing a large function room.

The property is undergoing renovations to the upper floors to reinstate the original letting rooms to provide further amenities and guest house for travellers heading to and from Glasgow

***INCOME PRODUCING COMMERCIAL INVESTMENT*** Supersized building. Tenanted commercial premises. Held on a FRI lease with 9 years remaining at £36,000pa. Rent review every 2 years. PRIME INVESTMENT PROPERTY in excellent trading position. **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield producing £36,000 per annum on a FRI lease. SUPER TRADING POSITION ***The property benefits from an alcohol licence. Ongoing renovations to the upper floors to reinstate the former letting rooms. Compromises: Large restaurant / dining area, kitchen, bar and snug area. Single storey extension to the rear providing a large function room. The property is undergoing renovations to the upper floors to reinstate the original letting rooms to provide further amenities and guest house for travellers heading to and from Glasgow

The property is situated on the south side of Broomgate at its junction with High Street within the town centre of Lanark west of its junction with Wellgate within the main retail parade of Lanark’s town centre. Lanark is a busy market town located approximately 20 miles south east of Glasgow and 30 miles south west of Edinburgh. The town has a resident population of c.10,000 with a further catchment of 55,000 persons.

Full Address: The Clydesdale Inn 15 Bloomgate, Lanark, ML11 9ET

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 9
Rent: £36,000 per year / £3,000 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes: Held On F.R.I Lease Expiry: November 2033 Passing Rent: £36,000p.a. Rent Reviews Every 2 years

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Pricing Information & Bidding

Opening Bid: £340,000

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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 06 November 2025, 10am-3pm
Type: Timed Online Auction

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