5 bedroom property for sale

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• We are excited to present this Fantastic Commercial Investment Opportunity located within a prime location in Lesmahagow * GUIDE PRICE £85,000 *

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• Property Consists of a former 5-bedroom hotel, the Mason Arms Hotel, over 2 floors, with scope to renovate to benefit from full potential. Property has a rateable value of £10,500, benefitting from Small Business Rates Relief. * SMALL BUSINESS RATES RELIEF *

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• If lightly renovated, property has potential to produce a nightly gross income of £450 - £550 per night, generating a potential annual gross income of £140,525 based on a 70% occupancy rate. Subject to degree of renovations and consents. This would generate a HUGE COMMERCIAL GROSS YIELD of 165% if achieved at a guide price of £85,000. 

 

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• Property has vast potential. Property could be converted into multiple residential dwellings, re-let as a hotel or turned into a restaurant. Subject to necessary planning and consents. If converted into 5 residential dwellings, the property could produce a potential GDV of £670,000 with fantastic sales evidence to support. Subject to necessary planning and consents.

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• * 15, Abbeygreen, Lesmahagow, Lanark, Lanarkshire, ML11 0EQ Sold for £145,000 in January 2020, 22, Abbeygreen, Lesmahagow, Lanark, Lanarkshire, ML11 0EQ Sold for £123,000 in April 2023 *

 

 

 

 

We are excited to present this Fantastic Commercial Investment Opportunity located within a prime location in Lesmahagow * GUIDE PRICE £85,000 *

 

 

 

Property Consists of a former 5-bedroom hotel, the Mason Arms Hotel, over 2 floors, with scope to renovate to benefit from full potential. Property has a rateable value of £10,500, benefitting from Small Business Rates Relief. 

* POTENTIALLY HIGH YIELDING COMMERCIAL OPPORTUNITY *

 

 

Property Comprises: A ground level that has a spacious bar area which also gives access to a secluded private courtyard. Access to the ladies and gents bathroom is independently accessed from the bar area. 

There is a generously sized store area which, with the necessary consents could easily be used as a private function suite or other room. Behind the bar, there is a large barrel room and storage area. 

 

The first floor consists of 5 spacious bedrooms and is an area that has potential for further development subject to the necessary planning and consents. There is a separate living quarters for the new owners with a kitchen area, lounge, bathroom and bedroom. 

 

* SURE TO APPEAL TO A SHREWD INVESTOR *

 

Property has vast potential. Property could be converted into multiple residential dwellings, re-let as a hotel or turned into a restaurant. Subject to necessary planning and consents. If converted into 5 residential dwellings, the property could produce a potential GDV of £670,000 with fantastic sales evidence to support. Subject to necessary planning and consents.

* 15, Abbeygreen, Lesmahagow, Lanark, Lanarkshire, ML11 0EQ Sold for £145,000 in January 2020, 22, Abbeygreen, Lesmahagow, Lanark, Lanarkshire, ML11 0EQ Sold for £123,000 in April 2023 *

 

If lightly renovated, property has potential to produce a nightly gross income of £450 - £550 per night, generating a potential annual gross income of £140,525 based on a 70% occupancy rate. Subject to degree of renovations and consents. 

This would generate a HUGE COMMERCIAL GROSS YIELD of 165% if achieved at a guide price of £85,000. 

 

* POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY *

 

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.

 

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. For further details on how to have a bidding account created please contact the team. 

 

Location:

Lesmahagow, a historic village in South Lanarkshire, Scotland, offers a blend of rural charm and convenient accessibility. Surrounded by rolling farmland and scenic woodlands, Lesmahagow is ideal for those seeking a quiet lifestyle within reach of larger cities. Known for its tight-knit community and rich heritage, the village has a warm and welcoming atmosphere, with traditional stone cottages and scenic views adding to its charm.

Despite its rural setting, Lesmahagow benefits from excellent transport links, with the M74 motorway nearby, providing quick connections to Glasgow, about 30 minutes away, and Edinburgh in around an hour. Local amenities include schools, a range of shops, cozy cafes, and leisure facilities, ensuring residents have everything they need within the village or a short drive away.

The surrounding landscape is perfect for outdoor enthusiasts, offering ample opportunities for walking, cycling, and fishing in the nearby River Nethan. With its blend of countryside beauty, essential amenities, and access to Scotland's major cities, Lesmahagow presents a balanced lifestyle for those looking to enjoy both tranquillity and connectivity in the heart of South Lanarkshire.