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****CAN BE CURRENTLY LET FOR £2600pa. 21.67% ROI ****
FOR SALE BY ONLINE AUCTION WEDNESDAY 29TH JANUARY 2025 AT 9.00AM. Rare opportunity to purchase a commercial premises in Coalburn, Lanark. Possibility to re-develop to cater for a variety of uses, subject to planning consents being granted.
Online Property Auctions Scotland are delighted to present this commercial business opportunity in Lanarkshire. The subjects are comprised of a detached, single storey building situated on a small plot of land within the village of Coalburn.
The premises could be used for a number of uses, including a garage, workshop or, for storage purposes, subject to planning consents being granted. The property benefits from having electricity and water but no mains drainage.
The property would make a great investment for investors looking to add to their property portfolio.
• Commercial business opportunity
• Investment opportunity
• Rarely brought to auction
• Possibility to re-develop, subject to planning consents being granted
• Situated in a residential area
Nearby sold prices:
11 Garden Street, Coalburn, Lanark, ML11 0LJ sold (January 2019) £100,000
23 Coalburn Road, Coalburn, Lanark, ML11 0LH sold (November 2017) £82,000
63 Coalburn Road, Coalburn, Lanark, ML11 0LH sold (February 2016) £112,000
30 Coalburn Road, Coalburn, Lanark, ML11 0LH sold (April 2017) £80,000
Coalburn is an idyllic village located on the outskirts of Lesmahagow. The village hosts a variety of local amenities including various shops, primary school, cafes and bars. Coalburn is a short drive from the M74 motorway, which provides access to the nearby towns of Lanark, Larkhall, Hamilton and Motherwell. The M74 provides a link to the M8 motorway which offers a transport route to the nearby cities of Edinburgh and Glasgow. The nearby towns host a wide variety of amenities including public transport link including Lanark train station. A short drive away, are the falls of Clyde, famous for its spectacular waterfalls, historic visitors and woodland walks, is a short drive away and is the perfect place for those looking for those looking for a scenic walk.
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Commercial business opportunity
Possibility to re-develop, subject to planning consents being granted
Low guide price
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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