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Future Property Auctions · 22 Oct 2026 · in 3 days

1 Wide Close, Lanark, ML11 7LX

1 Wide Close, Lanark, ML11 7LX · Scotland

LiveLandFreeholdVacant

1 Wide Close, Lanark, ML11 7LX
Opening bid
£7,500a starting bid, not a guide: lots usually sell well above it
Rent a year
Vacant
Yield on the opening bid
–
Payback
–
Net yield, after buying costs, at the opening bid
🔒 With access
Likely to sell for
🔒 With access
Energy rating
Not published

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

The cost breakdown and net yield: included with access, £49 a month. Start with a free account.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

The likely sale range: included with access, £49 a month. Start with a free account.

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Energy rating

Future Property Auctions hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

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History

  • First listed on Cornerlot 11 Oct 2026.

Future Property Auctions' record

Future Property Auctions' results: included with access, £49 a month. Start with a free account.

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About the lot

Freehold land lot in Lanark. Offered vacant, so there's no income from day one.

Commercial Investment. SUPER DEVELOPMENT OPPORTUNITY*** LARGE commercial premises with the potential for RESIDENTIAL DEVELOPMENT (subject to consents) located within Lanark town centre. Large building with HUGE POTENTIAL over two storeys located just off Lanarks main thoroughfare. May be suitable for RESIDENTIAL DEVELOPMENT (subject to consents) HUGE POTENTIAL***. SUPER SIZE AND LOCATION within Lanark Town Centre close to amenities and transport links. EXCELLENT DEVELOPMENT OPPORTUNITY*** All planning enquiries can be made to South Lanarkshire council planning department. Lanark is a busy market town located approx. 20 miles south east of Glasgow & 30 miles south west of Edinburgh. The town has a population of c.10,000 with a further catchment of 55,000 persons. SUPER DEVELOPMENT OPPORTUNITY*** LARGE commercial premises with the potential for RESIDENTIAL DEVELOPMENT (subject to consent) located within Lanark town centre. Abandoned building with HUGE POTENTIAL over two storeys located just off Lanarks main thoroughfare. May be suitable for RESIDENTIAL DEVELOPMENT (subject to consents) HUGE POTENTIAL***. SUPER SIZE AND LOCATION within Lanark Town Centre close to amenities and transport links. EXCELLENT DEVELOPMENT OPPORTUNITY*** All planning enquiries can be made to South Lanarkshire council planning department. Lanark is a busy market town located approximately 20 miles south east of Glasgow and 30 miles south west of Edinburgh. The town has a resident population of c.10,000 with a further catchment of 55,000 persons. Nearby towns include Hamilton, the main administrative centre of South Lanarkshire and ninth largest town in Scotland, which has a large range of shopping, leisure and sporting facilities including Hamilton Racecourse and Strathclyde and Chatelherault Parks. Also nearby is New Lanark, internationally renowned as a World Heritage site, comprising a beautifully restored 18th century cotton mill village close to the Falls of Clyde, and still a living community attracting visitors from all points of the compass. This area of South Lanarkshire is well known as one of the best locations within the central belt, providing a true experience of country living. For the commuter it offers transport routes via rail and road, situated close to M74 and access to M8. There are good local rail connections at Carluke with direct rail services to Glasgow and Edinburgh, as well as direct lines to North Berwick and the Ayrshire coast. There is a super speed commuter link to London from Motherwell.

Figures come from Future Property Auctions' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.