Minimum Rent

Select the property minimum rent
£0

Minimum Yield

Select the property minimum yield
0%

Bedrooms

Select how many bedrooms you want

Type of Property

Select the property types you want

Property ID: 191629471
Monthly Income
£600
Current Yield
11.1%
Tenancy status
Tenanted
CapitalAppreciation
+3.9%
Exclusive Investment Grade Opportunity

Our latest offering is a Commercial Space in the Lanark Town Centre. The space is in good condition and would be the perfect purchase for small sized business looking to expand their operation.


This well-kept space is neutrally decorated throughout and features a spacious lobby, a private office space, washing room and WC.


If you are interested in the property, please call us.


Location


The property is located right in the middle of the Lanark Town Centre so is in the perfect position to attract the local public.


Amenities are within walking distance of the space and the Lanark train station is located just across the road which allows for easy commuting for staff.


Office Spaces


The front lobby is a brilliant size so is perfect for conducting day-to-day business activities. There is also a private office space in the back which has plenty of room for supplies.


Washing Room & WC


A spacious washing room is found too which allows for access to the WC.


Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income600/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£600 pcm
Current Rental Yield
11.1%
Potential Market Value Rent
£600 pcm
Potential Rental Yield
11.1%
Estimated Monthly Capital Appreciation
£211
Area Capital Appreciation Rate
+3.9%

Tenancy Checks

Tenancy Agreement

Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.

Proof of Rental Income

Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.

Length of Tenancy

Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.

Property Checks

Property Tenure

Verified as Leasehold

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Gas Safety

Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Council Tax Band

Council Tax Band: A

Interactive street-level view of the property location and surrounding area.

Ground Rent
Freehold
Factor Fees/Running Costs
TBC
Total Estimated Costs
unknown
Floor plans
Floor plan 1
Click to view
Loading...
Yearly Net Profit
Current Yearly Rent
£7,200
Annual Capital
Appreciation
£1,300
Yearly Factor Fee /
Service Charge
TBC
Other Yearly Costs
None
Indicated
Annual Net Returns
£8,500