Prime Position
Rarely Available Unit
Charming Ground Floor Unit
Excellent Condition
Incentives Available
Rates Exempt
£XXXper annum
Location
The subjects are situated on the South side of High Street, East of its junction with Wellgate within the main retail parade of Lanark’s town centre. Lanark is a busy market town located approximately 20 miles south east of Glasgow and 30 miles south west of Edinburgh. The town has a resident population of c.10,000 with a further catchment of 55,000 persons.
The subjects benefit from being adjacent to a large public car park situated to the rear of the demise with ample access to the High Street. The parade benefits from being in the prime retailing position on High St, with each unit having undergone extensive refurbishments in recent years along with the main town centre car park situated at its rear with access gained via a pedestrianised thoroughfare to its West.
Neighbouring occupiers include Greggs, Specsavers, Thomas Cook, Poundland, Costa Coffee, Ladbrokes, Chest Heart and Stoke & Royal Bank of Scotland.
Subjects
The subjects comprise a mid-terrace ground floor retail unit within an enviable parade, the subjects are surmounted by a pitched roof.
The property offers a single frontage with ample display window’s flanking the recessed entrance leading to an open plan sales area, counter and partitioned rear area with tea prep, store and w.c facilities. The subjects have been decorated to a good standard by the previous tenant with laminated timber flooring, L.E.D lightning along with new plastered and skimmed walls.
Area
The subjects have been measured on a Gross Internal Area basis to offer the following;
Ground: 28.19qm (303.4sq ft)
NAV/RV
the subjects have been assessed and entered onto the valuation roll with the following NAV/RV
£XXX
The subjects qualify for rates relief under the Scottish government small business rates relief scheme.
Proposal
Our client is offering the subjects on a new full repairing and insuring head lease for a negotiable term for £XXXper annum.
Incentives
Our client is prepared to offer a variety of incentives to any occupier seeking to occupy the space by way of stepped rent / rent free period (subject to contract terms)
V.A.T
Prices quoted are exclusive of V.A.T
E.P.C
Available on request
Viewing
Via appointment only
Legal
Each party shall bear their own incurred legal costs involved in the transaction