FOR SALE BY ONLINE AUCTION WEDNESDAY 17TH SEPTEMBER 2025 AT 9.00AM - ***PRIME TENANTED INVESTMENT OPPORTUNITY***REPUTABLE MASSIVE NATIONAL TENANT (Dignity Funeral Limited)***SECURE RENTAL INCOME OF £3,000 PER ANNUM EXCLUSIVE***ATTRACTIVE AFFORDABLE LOT SIZE***
***A rare opportunity to acquire a fully tenanted commercial property in the heart of Lesmahagow. Located at 1 Baker’s Brae, this well-presented premises is occupied by the long-established Henry Dorricott Funeral Services, a respected local business providing consistent footfall and secure rental income.***
***KEY FEATURES***
- Let to Dignity Funeral Limited on a 40 year lease until July 2037 (no breaks)
- Funeral parlour of approx. 50.95 sq m (584 sq ft) over ground and basement
- 5 yearly rent reviews
- VAT free investment
- Prominent Location: Situated on a visible corner plot near the town centre, the site benefits from excellent road frontage and accessibility.
- Attractive Building: A characterful stone-built property with modern interior fittings appropriate for its current use.
***This is an ideal hands-off investment opportunity for commercial property investors seeking a stable, income-generating asset in a strong local market.***
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 30, Bankhead Terrace, Lanark, ML11 9BW - 2 Bedroom - SOLD Apr'25 - £120,000
- 1, Braeside Crescent, Kirkmuirhill, Lanark, ML11 9SG - SOLD Apr'25 - £105.000
- 1, Somerville Drive, Carnwath, Lanark, ML11 8JL - SOLD Apr'25 - £101,750
***Lesmahagow is a small town in the historic county of Lanarkshire on the edge of moorland, near Lanark in the central belt of Scotland. It lies west of the M74, and southeast of Kirkmuirhill. It is also known as Abbey Green or the Gow. The population is around 4,310 (as of 2021).***
***Lesmahagow is easily accessible by car, being just off the M74 motorway at junction 10. It's also reachable by bus from Glasgow and other nearby towns.***
***Lesmahagow is served by two primary schools (Woodpark Primary School and Milton Primary School), and by the secondary school Lesmahagow High School. South Lanarkshire College is the closest college, located in East Kilbride, which is a short distance from Lesmahagow.***
***Lesmahagow has a mix of village shops and pubs. Lesmahagow sits on high ground with scenic views overlooking the Clyde Valley. Once a bustling mining community, it is now a quiet rural location with a strong sense of community. The Lesmahagow Highland Games and the crowning of the Tartan Queen take place in June.***
GUIDE PRICE - £45,000
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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.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
- Let to Dignity Funeral Limited on a 40 year lease until July 2037 (no breaks)
- Funeral parlour of approx. 50.95 sq m (584 sq ft) over ground and basement
- 5 yearly rent reviews
* 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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