15 Bloomgate, Clydesdale Inn, Lanark, ML11 9ET

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.

What it's likely to sell for

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

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

History

• First listed on Cornerlot 13 Oct 2026.
• Guide cut from £233,000 to £207,000 (11% lower), 17 Oct 2026.

Future Property Auctions' record

About the lot

Freehold leisure lot in Lanark. Producing £36,000 a year, a 15.0% gross yield at the guide.

Commercial Investment. PRIME TENANTED Lanark Town Centre Public House. SUBSTANTIAL SIZE OF PROPERTY approx. 11,000 SQ FT. Tenant: 1969MR Ltd - Expiry: 15th November 2033 Rent: £36,000p.a increasing to £40,000p.a in 2028. 3 storey public house comprises; ground floor bar, lounge, function suites with ancillary space, cellar, w/c. Upper floors previously had PLANNING PERMISSION for conversion to 9 hotels bedrooms. BUSY THOROUGHFARE WITH HIGH VOLUMES OF PASSING TRADE. Perfect investment property in TOWN CENTRE location. Nearby occupiers include Greggs, Savers, Boots pharmacy, Poundland, Cardfactory and Marie Curie. EXCELLENT TRADING LOCATION***. 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. Tenant: 1969MR Ltd. Expiry: 15th November 2033. Rent: £36,000p.a increasing to £40,000p.a in 16th November 2028. The tenant operates multiple licensed premises across central Scotland. This property is iconic within the town with the operator able to retain a number of local staff, well established with the patrons of the town and aiming to expand their catchment with an variance of offerings such as venue hire, guest house and gastropub to attract new clientele. 3 storey public house comprises; ground floor bar, lounge, function suites with ancillary space, cellar, w/c. Upper floors previously had PLANNING PERMISSION for conversion to 9 hotels bedrooms. Internally the property provides large open plan bar/lounge (circa 50 covers), front timber panelled lounge (40) and rear raised lounge/suite with 84 covers. The two upper floors mainly unused although were granted planning consent in August 2015 to “form 9 hotel bedrooms and staff facilities, and installation of air conditioning units on rear elevation. Tenancy: Type of Agreement: Full Repairing & Insuring (FRI). Length: 10 Years. Rent: £36,000 per year / £3,000 per month. Yield: 17% (approx). Tenant: Company. Notes: Tenant: 1969MR Ltd. Expiry: 15th November 2033. Rent: £36,000p.a increasing to £40,000p.a in 16th November 2028. The tenant operates multiple licensed premises across central Scotland. This property is iconic within the town with the operator able to retain a number of local staff, well established with the patrons of the town and aiming to expand their catchment with an variance of offerings such as venue hire, guest house and gastropub to attract new clientele. 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.