Address: 65 High Street
Size: 9,849 sq ft (915 sq m)
Price: £35,000 per annum exclusive

TO LET
PRIME RETAIL UNIT
Location

Lanark is a busy market town lying approximately 20 miles south east of Glasgow and 30 miles south west of Edinburgh.  The town has a resident population of circa 10,000 persons with a catchment in excess of 55,000 persons.

The property occupies a prime position on the north side of the High Street, with nearby retailers being a mix of multiple and local traders to include Greggs, Boots the Chemist, Costa Coffee and Ebi’s Fish & Chips.

Description

The property is a self-contained retail unit offering accommodation over ground, first and attic floors.

The unit benefits from extensive display frontage and central entrance doors.

Internally the subjects provide sales accommodation at ground floor with partial sales at first floor. To the rear the unit benefits from direct loading access from a common carpark.

Accommodation

We understand that the property extends to the following areas and dimensions:

Ground Floor:      5,460 ft²     (507.25 m²)
First Floor:          4,389 ft²     (407.75 m²)

Lease

The property is offered to the market on the basis of a new full repairing and insuring lease for a period to be agreed incorporating regular upward only rent reviews.

Rent

Rental offers in excess of £35,000 per annum exclusive are sought.

Rates

The property is entered in the Valuation Roll as follows:

Rateable Value (‘25/’26):    £42,250

Energy Performance Certificate

An EPC is available upon request.

Legal Costs

Each party to be responsible for their own legal costs with the ingoing Tenant being responsible for LBTT.

VAT

All terms are quoted net of VAT where applicable. 

Entry

By agreement.

Money Laundering Regulations

To comply with Money Laundering Regulations we are legally required to undertake due diligence on prospective purchasers/tenants which will at a minimum include proof of identity/address and funding.  Applicable documentation will therefore be required on agreement of Heads of Terms. 

Viewing/Further Information

Appointments to view to be arranged through this office.