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Incredible Development Opportunity, 45 Abbeygreen, Lesmahagow, ML11 0EQ

5,000 Sq Ft / Retail / Investment

For Sale - £52,000.00

Available - Last updated: 14 October 2024

Large Premises that extends to approximately 5000 square feet over 2 floors, located within a prime location in Lesmahagow ***Guide of £50,000***

Property consists: Large Garage area, kitchen, office area, toilets and storage facilities. The property massively benefits from rear garden space.

Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple  residential units

Commercial units with in area local area demanding £1000 pm / £12,000 which would generate and excellent annual gross yield of 24% based on the guide price of £50,000

Property will require refurbishment prior to habitation. Full renovation required. Property is sure to appeal to Builders/developers/investors looking for a project.

Property benefits from a rateable value of £13,400

Location

Lesmahagow, nestled in the scenic Scottish countryside, is a charming village that blends rustic beauty with modern convenience. Traditional stone cottages and modern establishments line the streets, creating a harmonious blend of old and new. The vibrant village centre is home to local shops, cosy cafes, and friendly pubs, offering everything from artisanal crafts to everyday essentials. The welcoming community spirit is evident in every warm greeting and friendly chat. Surrounded by the stunning Scottish Lowlands, Lesmahagow is a haven for outdoor enthusiasts, with rolling hills, lush meadows, and tranquil rivers. Experience the unique charm of Lesmahagow, where tradition meets modernity and every visit feels like coming home.

Accommodation

Size - 5,000 sq ft

Terms

Guide Price - £52,000

Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.

Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.

Specification

  • Large Premises that extends to approximately 5000 square feet over 2 floors, located within a prime location in Lesmahagow ***Guide of £50,000***
  • Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple  residential units
  • Commercial units with in area local area demanding £1000 pm / £12,000 which would generate and excellent annual gross yield of 24% based on the guide price of £50,000
  • Property will require refurbishment prior to habitation. Full renovation required. Property is sure to appeal to Builders/developers/investors looking for a project.
  • Property benefits from a rateable value of £13,400 and is now being offered at a huge discount to ensure auction sale!

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £52,000.00 NA

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Contact agents

John Morris & Luis Guarin

Prime Property Auctions

0141 538 0212

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