***Amazing investment opportunity of mixed use commercial lettings and serviced accommodation units. Massive potential further development on unused space.
***Fantastic lifestyle business, development of the attic space and garden outhouse would increase the income streams substantially***
Portfolio consists of. 2x rental shop units 2x 2 bed STL apartments. 1x attic development space 1x garden outbuilding with development potential.
***High yielding easily run business with excellent returns. Potential to increase income through development of unused space***
No 9. Modern single shop unit. Currently vacant with potential rent £450 per month. Approx 30.07 sq metres. No 13. Modern single shop unit. Currently let at £325 pm with increase potential. Approx 28.78 sq metres. No 11. Two short term letting apartments. Both are 2 bedrooms, lounge, kitchen and bathroom. Both have STL licences and command up to £100 per night in peak season. They have excellent occupancy rates with regular contractor bookings. Attic room. There is potential in the attic to create a good sized one bedroom apartment, with the other two apartments having licences this could make a lucrative addition. Garden building. There is a separate outhouse which could be converted to create an additional 1 bed cottage or commercial space. Similar conversions have been undertaken nearby with conversion to residential and commercial units. Massive garden to rear may offer further potential development opportunities (subject to planning)
The portfolio is located close to Lanark 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. The subjects benefit from being adjacent to a large public car park situated to the rear of the demise with ample access to the High Street. Neighbouring occupiers include Greggs, Specsavers, Poundland, Costa Coffee & Royal Bank of Scotland.
Full Address: 9-13 Westport, Lanark, ML11 9HD
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