Atholl House 55 Bannatyne Street Lanark South Lanarkshire ML11 7NR

Atholl House
55 Bannatyne Street
Lanark
South Lanarkshire
ML11 7NR

Heritable Government Let Office Investment

  • Entirely let to The Secretary of State for Work and Pensions
  • Prominent corner position on busy main road
  • Immediately adjacent to Lanark Railway and Bus Stations
  • Nearby occupiers include Morrisons Supermarket, William Hill and TSB Bank
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    61
  • Auction
    25th May 2017
  • Rent
    £59,100 per Annum Exclusive
  • Status
    Sold
  • Price
    £335,000
  • Sector
    Office
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Heritable Government Let Office Investment

  • Entirely let to The Secretary of State for Work and Pensions
  • Prominent corner position on busy main road
  • Immediately adjacent to Lanark Railway and Bus Stations
  • Nearby occupiers include Morrisons Supermarket, William Hill and TSB Bank
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 61
  • Auction 25th May 2017
  • Rent
  • Status Sold
  • Price £335,000
  • Sector
    Office
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
30 miles south-east of Glasgow, 33 miles south-west of Edinburgh
Roads
A70, A73, M74
Rail
Lanark Railway Station (Approx. 1 hour 10 mins to Glasgow)
Air
Glasgow International Airport
Situation

The property occupies a prominent corner position on the north side of Bannatyne Street, directly adjacent to Lanark Railway and Bus Stations. Nearby occupiers include Morrisons Supermarket, TSB Bank and William Hill.

Tenure

Heritable. (Scottish equivalent of English freehold).

Location
Miles
30 miles south-east of Glasgow, 33 miles south-west of Edinburgh
Roads
A70, A73, M74
Rail
Lanark Railway Station (Approx. 1 hour 10 mins to Glasgow)
Air
Glasgow International Airport
Situation

The property occupies a prominent corner position on the north side of Bannatyne Street, directly adjacent to Lanark Railway and Bus Stations. Nearby occupiers include Morrisons Supermarket, TSB Bank and William Hill.

Tenure

Heritable. (Scottish equivalent of English freehold).

Description

The property comprises a standalone office building arranged over ground and two upper floors. The office accommodation is a mix of open plan and cellular offices. There is undercroft parking for approximately 10 cars at ground floor level.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a standalone office building arranged over ground and two upper floors. The office accommodation is a mix of open plan and cellular offices. There is undercroft parking for approximately 10 cars at ground floor level.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)
Tenant Term Rent p.a.x Reversion
Ground
First
Second

Office
Office
Office
135.60 sq m
334.60 sq m
371.30 sq m
(1,459 sq ft)
(3,602 sq ft)
(3,997 sq ft)
THE SECRETARY
OF STATE FOR
WORK AND
PENSIONS (1)

Approx. 46 years
from 15/07/1972
£59,100
01/04/2018
Total  
841.50 sq m
(9,058 sq ft)

  £59,100  

(1) The Secretary of State has overall responsibility for the Department for Work and Pensions (DWP). DWP is responsible for the administration of the State Pension and working age benefits system, providing support to people of working age, employers, pensioners, families and children and disabled people (www.gov.uk).

Property Documents

  • Site Plan
    Updated Date
    03.05.17
    File Size
    827 KB
    View PDF
  • Catalogue Page
    Updated Date
    03.05.17
    File Size
    475 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Morton Fraser LLP Quartermile Two, 2 Lister Square
Edinburgh
EH3 9GL
Fiona Hogg 01312 471 343fiona.hogg@morton-fraser.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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