King Street, Stonehouse ML9 Mixed use for sale

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King Street, Stonehouse ML9 Mixed use for sale

King Street, Stonehouse ML9
£45,000

Our Summary

  • The property was previously a residential unit, offering tremendous potential for an investor looking to enhance cash flow through conversion—truly a rare opportunity in this market
  • This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created

Description

This vacant tanning bed and nail salon in Lanark, Glasgow, presents a prime opportunity for a savvy business owner or investor. The property, located on King Street, comes fully equipped with tanning beds and salon equipment, offering a straightforward business venture. With a rateable value of £3350, it qualifies for low rates relief, and its sought-after location benefits from foot traffic and passing trade. The property could achieve £9,000 to £10,000 per annum in rental income, making it an attractive investment opportunity with capital growth potential. The property was previously a residential unit, offering potential for an investor to enhance cash flow through conversion. With excellent sales evidence in the area, this property is being offered at a fantastic discount to ensure a sale, and will feature in an upcoming timed online auction.