Property photos
Freehold
Offers over
£640,000
(£62.75/sq. ft)
Property for sale
Lanark Delivery Office, 1 Home Street, Lanark, South Lanarkshire ML1110,199 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- St Mary's Primary School (Lanark) 0.2 miles
- Robert Owen Memorial Primary School 0.4 miles
- Lanark 0.5 miles
- Carstairs 3.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Lanark to find out more about the local area.
Features and description
- Freehold
- Prime Location
- Excellent Accessibility
- Standalone Distribution Warehouse
- Heritable Interest - Fully Leased to Royal Mail Group Ltd
- Passing Rent £37,200 per annum
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
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
Floor plans and tours
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Graham + Sibbald
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