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Description

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

Two commercial premises interlinked with internal hallway. Fire exit to rear courtyard area. Both units have individual main door entrances and main road frontage onto Wellgate. Freehold Sale.

The premises benefit from toilet facilities with W.C and wash hand basin. mains electrics. Gated security entrances. Large display windows. Historically operated as a hair salon and lingerie shop.

Class 2 Retail Consents. Net Internal Area - 25.25 Sq.M (271.78 Sq.Ft). Great location surrounded by occupied and long standing independent retailers including hairdressers and kilt hire and sales.

Ground Floor with Rear Fire Exit Access. Rental potential £12,000 per annum --- 2 Wellgate, Lanark SOLD £317,500 --- Good location likely to have high levels of interest from investor landlords.

Lanark has a thriving town centre with many independent and national retailers. Lanark is favoured particularly by those requiring good transport links with easy access to both Glasgow and Edinburgh.

Two self contained commercial premises interlinked with internal hallway. Fire exit to rear courtyard area. Both units have individual main door entrances and main road frontage onto Wellgate. Freehold Sale. Mains electrics and sharded toilet facilities with W.C and wash hand basin. Class 2 Retail Consents. Net Internal Area - 25.25 Sq.M (271.78 Sq.Ft). Great location surrounded by occupied and long standing independent retailers including hairdressers and kilt hire and sales. Both commercial units are located on ground level with frontage onto Wellgate. Superb potential to generate an income producing investment with a potentially fantastic rental return. Vacant retail premises located within the town centre - Lanark Town Centre Location - The property is located right in the middle of the Lanark Town Centre. Perfect position for owner occupier to set up and operate their own business with full ownership of the premises and to attract the local public. Local amenities are within walking distance of the premises and Lanark train station is located at the top of the road which allows for easy commuting for staff. Ground Floor with Rear Fire Exit Access. Rental potential £12,000 per annum ---2 Wellgate, Lanark SOLD £317,500 --- Good location likely to have high levels of interest from investor landlords.

The property is located within the popular commuter town of Lanark, 27 miles south east of Glasgow and 38 miles south west of Edinburgh. Lanark has a newly built grammar school and an historic 18 hole golf course. Easy commuting to Edinburgh or Glasgow both within 40 minutes. Located within the town centre of Lanark within the Wellgate area just off the main retail parade of Lanark's High Street. 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 circa 10,000 persons with a further catchment area of around 55,000 persons.

Full Address: 19 and 23 Wellgate, Lanark, ML11 9DS

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Pricing Information & Bidding

Guide Price: £80,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 04 July 2025, 12pm
Type: Deadline for Offers

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