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Investment property with commercial units

Lanark, ML11 - Get Access

6 bed

Description

A tenanted commercial and residential multi-let unit located within a prime location in Lanark, offering an excellent opportunity for an investor seeking immediate income from day one. The property is arranged over two levels and is configured to provide a strong blend of occupier demand and income diversity. The ground floor comprises three individual shop units, currently described as a Co-op, a beauty-related unit, and a further commercial shop, with the benefit of long-term leases in place. On the first floor, there is an upper unit in use as a physiotherapy occupier, again held on a long-term lease, along with a lower first-floor residential element arranged as six bedrooms with two kitchens, adding further depth to the overall offering. The investment is currently producing £5,750 per month, which is £69,000 per annum, making this a straightforward, income-producing acquisition for a buyer looking to add a performing asset to their portfolio. With multiple units and established occupation, the property offers a compelling risk-spread profile and collect and hold security. The property is held on a freehold basis, giving the buyer outright ownership and long-term control over future asset management, refinancing strategy, and potential enhancement works, subject to all necessary consents. Lanark is a well-established market town with a busy town centre trading environment that supports a broad mix of independent operators, convenience retail, and local services, helping to underpin steady footfall and passing trade. The area benefits from strong road connections via the M74 corridor, providing efficient links to Glasgow, the central belt, and wider Scotland, while Lanark railway station offers additional connectivity.