Property Details

The subject property, located at the junction of Home Street and Whitelees Road, offers favourable conditions for industrial use. Although the immediate surroundings are predominantly residential, the property's proximity to the A72 (Hyndford Road) is a key advantage. This direct access route connects to Lanark town centre and further leads to the M74, providing efficient connections to major Scottish commercial centres in the north and England to the south. Additionally, Lanark town centre, just west of the property, facilitates various direct routes to nearby areas such as Motherwell, Wishaw, and Hamilton.

This Modern Warehouse Spans 10,199 Sq Ft (948 Sq M) And Boasts The Following Features: Fully Secure Yard: Ideal For Safeguarding Goods And Equipment. Modern Tenant Fit-out: Ensures An Efficient Workspace. 4.6m Eaves Height: Ample Vertical Space For Storage And Operations. Dedicated Car Parking: Convenient Parking For Staff And Visitors. Current Rent: The Passing Rent Is £37,200 Per Annum (£3.64 Per Sq Ft) Until August 2025. Subsequently, It Will Increase To £42,500 (£4.16 Per Sq Ft) With An Upward-only Open Market Rent Review In August 2030. The Vendor Will Ensure The Rent Reaches £42,500 Per Annum Upon Sale Royal Mail Recently Extended The Lease By 10 Years, Demonstrating Their Long-term Commitment To The Building, Consolidating Their Operations In The Surrounding Areas Into This Unit. The Agreed Rent Is Significantly Below The Current Market Rate, Offering Future Potential For Appreciation For Any Purchaser. The Warehouse Now Serves As A Critical Delivery Office, Covering Lanark, Carluke, And Biggar