Description
IMMEDIATE INCOME PRODUCING INVESTMENT*** Ground floor tenanted commercial unit located in the town centre producing £19,500 per annum with 5 years unexpired.
Ground floor tenanted retail unit forming part of a two storey building. The subject benefits from a dedicted predestrian entrance via High Street with ample on street parking to the front.
Internally, the property provides an open plan sales area to the front, with an office, kitchen/prep area, storage and WC facilities to the rear.
High Street is Lanark’s cultural and social heartbeat. With deep historical roots, ongoing investment, and community-driven care, it presents characterful living.
High Street is the central artery of Lanark, a Royal Burgh since 1140, nestled at the meeting of the River Clyde and Mouse Water. Historically, it was the center of judicial and commercial life. High Street offers a cozy blend of local cafés, bakeries, independent shops, and unique finds like Lanark Blue cheese. Nearby attractions include Lanark Loch—a manicured leisure space with boating, café, and walking trails—and Castlebank Park, set on the historic site of Lanark Castle.
Full Address: 89 High Street, Card Factory Investment, Lanark, ML11 7LN
Show MoreMap & Location
Map Street View SatelliteTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 5 Years
Rent: £19,500 per year / £1,625 per month
Yield: 13% (approx)
Tenant: Company
Notes: Tenant: Sportswift Ltd t/a Cardfactory Rent: £19,500 per annum Break Option: 25th Feb 2028 Repair Obligation: FRIL Expiry: 24th Feb 2030
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Pricing Information & Bidding
Opening Bid: £155,000
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SPECIAL Terms of Sale
- 10% Deposit
- 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VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
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Auction Details
Type: Timed Online Auction
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