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
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).
