Portfolio with commercial and residential units

The property offers an excellent investment opportunity comprising a mixed-use portfolio of commercial lettings and serviced accommodation units, with significant potential for further development within unused spaces. This fantastic portfolio features mixed commercial units within a single building, offering the possibility to increase existing revenue streams. It presents a lifestyle business with excellent returns, and income could be substantially increased through the development of the attic space and garden outhouse. The portfolio includes two rental shop units, two two-bedroom short-term letting apartments, an attic development space, and a garden outbuilding with development potential. Specifically, No. 9 is a modern single shop unit, currently vacant, with a potential rent of £450 per month, approximately 30.07 square metres. No. 13 is another modern single shop unit, currently let at £325 per month, with potential for increased rent, approximately 28.78 square metres. No. 11 comprises two short-term letting apartments, each featuring two bedrooms, a lounge, a kitchen, and a bathroom. Both apartments hold STL licences and can command up to £100 per night during peak season, benefiting from excellent occupancy rates and regular contractor bookings. The attic room offers potential to create a good-sized one-bedroom apartment, which would be a lucrative addition alongside the existing licensed apartments. Additionally, a separate outhouse in the garden could be converted into an additional one-bedroom cottage or commercial space, with similar conversions having been successfully undertaken nearby. The massive garden to the rear may also offer further development opportunities, subject to planning. The portfolio is conveniently located near Lanark town centre. Lanark is a bustling market town situated approximately 20 miles south-east of Glasgow and 30 miles south-west of Edinburgh, serving a resident population of around 10,000 with a wider catchment of 55,000 people. The property benefits from its adjacency to a large public car park at the rear, providing ample access to the High Street. Neighbouring businesses include Greggs, Specsavers, Poundland, Costa Coffee, and the Royal Bank of Scotland.