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Description

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

TENANTED INCOME PRODUCING INVESTMENT*** Ground floor funeral parlour, a separate shop, together with a separately accessed 3 bedroom flat. Total annual income £55,600 VAT FREE PURCHASE

DIGNITY FUNERALS LIMITED Rent: £34,000 Lease: 04/07/1997 until 03/07/2037 QUEENZY LOOKS LIMITED Rent: £15,000 Lease: 28/04/2025 until 2030 First 3 bed flat Rent: £6,600 INDIVIDUAL AST from 28/04/25

Ground Funeral Parlour 462.34m2 (4,976ft2) Ground Retail 123.68m2 (1,331ft2) First 3 bed flat - - Total Approximate Commercial Floor Area 586.02m2 (6,307ft2)

SUPER SIZE AND LOCATION- Gross commercial Floor area 586.02m2 (6,307ft2) PERFECT INVESTMENT VAT FREE Super yield with tenant paying £55,600 per annum.

IDEAL LOCATION Located on the primary retailing thoroughfare in Larkhall town centre. Nearby occupiers include Costa, Boots, B&M, Farmfoods, Co-op and Greggs.

TENANTED INCOME PRODUCING INVESTMENT*** Ground floor funeral parlour, a separate shop, together with a separately accessed 3 bedroom flat. Total annual income £55,600 VAT FREE PURCHASE DIGNITY FUNERALS LIMITED Rent: £34,000 Lease: 04/07/1997 until 03/07/2037 QUEENZY LOOKS LIMITED Rent: £15,000 Lease: 28/04/2025 until 2030 First 3 bed flat Rent: £6,600 INDIVIDUAL AST from 28/04/25 SUPER SIZE AND LOCATION- Gross commercial Floor area 586.02m2 (6,307ft2) PERFECT INVESTMENT VAT FREE Super yield with tenant paying £55,600 per annum. IDEAL LOCATION Located on the primary retailing thoroughfare in Larkhall town centre. Nearby occupiers include Costa, Boots, B&M, Farmfoods, Co-op and Greggs.

London Street forms part of Larkhall’s main commercial spine, linking Union Street to the east and serving as a continuation of the primary retail area. Centrally located, it's only 5?minutes’ walk from Larkhall railway station, with direct links into Glasgow. Larkhall is located ~14?miles southeast of Glasgow, perched on high ground between the River Clyde and the Avon Water, marking the edge of the scenic Clyde Valley.

Full Address: 10-12 London Street, Larkhall, ML9 1AG

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length:
Rent: £55,600 per year / £4,633 per month
Yield: 11% (approx)
Tenant: Company
Notes: DIGNITY FUNERALS LIMITED Rent: £34,000 Lease: 04/07/1997 until 03/07/2037 QUEENZY LOOKS LIMITED Rent: £15,000 Lease: 28/04/2025 until 2030 First 3 bed flat Rent: £6,600 INDIVIDUAL AST from 28/04/25

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Pricing Information & Bidding

Opening Bid: £527,000

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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

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Auction Details

Date & Time: 17 July 2025, 10am-3pm
Type: Timed Online Auction

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