Tenanted Commercial LOT 31

42 High Street, Carluke, ML8 4AJ
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Description

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

IMMEDIATE INCOME PRODUCING INVESTMENT*** Tenanted ground floor commercial unit located in a prime TOWN CENTRE position producing £13,000 per annum on a FRI Lease with 4 years unexpired

Tenant: Semi Chem (Stores) Limited Expiry: 2nd Dec 2029 Tenant Break: 3rd Dec 2027. Guaranteed by Scottish Midland Co-operative Society Ltd. Passing Rent: £13,000p.a.

The property comprises a ground floor retail unit with substantial frontage set within a larger 2 storey mixed use sandstone development surmounted by a pitched roof. Ground: 184.14sqm (1,982sq ft)

Internally the property is presented in the tenants corporate specifications with large open plan retailing space to the front with rear stores, staff tea prep and w.c. facilities.

Excellent high street location with neighboring occupiers solicitors, Subway, bookmakers with catchment population circa 25,000. Carluke is a popular South Lanarkshire town between Wishaw and Carluke.

IMMEDIATE INCOME PRODUCING INVESTMENT*** Tenanted ground floor commercial unit located in a prime TOWN CENTRE position producing £13,000 per annum on a FRI Lease with 4 years unexpired Tenant: Semi Chem (Stores) Limited Expiry: 2nd Dec 2029 Tenant Break: 3rd Dec 2027. Guaranteed by Scottish Midland Co-operative Society Ltd. Passing Rent: £13,000p.a. The property comprises a ground floor retail unit with substantial frontage set within a larger 2 storey mixed use sandstone development surmounted by a pitched roof. Ground: 184.14sqm (1,982sq ft) Internally the property is presented in the tenants corporate specifications with large open plan retailing space to the front with rear stores, staff tea prep and w.c. facilities. Excellent high street location with neighboring occupiers solicitors, Subway, bookmakers with catchment population circa 25,000. Carluke is a popular South Lanarkshire town between Wishaw and Carluke.

The property is situated on the south side of High Street at its junction with Union Street within the town centre of Carluke. Carluke has a residential population of 13,500 persons and is located within South Lanarkshire, approximately 23 miles to the south of Glasgow and 7 miles south of Hamilton. The town is easily accessed via public transport links with several rail stations and bus stops linking Carluke to Glasgow, Hamilton and Airdrie centre’s. Neighbouring occupiers include Betfred, Co-Op Funeral Care, Scotmid and William Hill.

Full Address: 42 High Street, Carluke, ML8 4AJ

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 4 Years
Rent: £13,000 per year / £1,083 per month
Yield: 9% (approx)
Tenant: Company
Notes: Tenant: Semi Chem (Stores) Limited Expiry: 2nd Dec 2029 Tenant Break: 3rd Dec 2027. Guaranteed by Scottish Midland Co-operative Society Ltd. Passing Rent: £13,000p.a.

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Pricing Information & Bidding

Opening Bid: £149,000

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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: 11 September 2025, 10am-3pm
Type: Timed Online Auction

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