37 Main Street, Douglas, Lanark, Lanarkshire, ML11 0QW

  • Unconditional Online Auction Sale
  • Guide Price* : £19,000

FOR SALE BY ONLINE AUCTION THURSDAY 6TH OCTOBER Opportunity to purchase a ground floor vacant shop unit situated on a prominent main street location in Douglas, Lanark. With an estimated rental income of: £4,160 per annum. *** Achieving a yield of 21.8% at guide price ***

Description

FOR SALE BY ONLINE AUCTION THURSDAY 6TH OCTOBER Opportunity to purchase a ground floor vacant shop unit situated on a prominent main street location in Douglas, Lanark. With an estimated rental income of: £4,160 per annum. *** Achieving a yield of 21.8% at guide price ***

*** Superb buy to let opportunity that could achieve an attractive yield of 21.8% at guide price ***

• Opportunity has arisen to purchase a ground floor vacant shop unit on a prominent main street position.

• Lanark town centre has a variety of shops, restaurants and bars and good transport links to Glasgow and Edinburgh.

• Lanark is a town in South Lanarkshire, Scotland, located 20 kilometres to the south-east of Hamilton. The town lies on the River Clyde. Centrally located, Lanark is around 45 minutes by car from Glasgow, Edinburgh and the Scottish Borders

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Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm. All prices quoted are exclusive of VAT.

Key Feature 1

Attractive yield of 21.8% at guide price

Key Feature 2

Vacant commercial unit

Key Feature 3

Prominent main st position

* 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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