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Investment for sale
Bathgate is a popular commuter town, well situated within West Lothian lying approx. 20 miles East of Edinburgh and 30 miles West of Glasgow. The town provides excellent public transport and access links and benefits from the usual local amenities nearby.
The subjects are situated on the northern side of Bridge Street lying within the main Bathgate town centre. The surrounding occupiers are of a similar commercial nature with these including Dominos Pizza, Weslo Housing Management and Grants of Bathgate.
The property comprises office/retail premises arranged over the ground and first floors of a two storey and attic, mid terraced building of traditional stone and slate construction. They benefit from a large surfaced car park to the rear.
Access is taken via an electric, aluminium/glazed recessed entrance door with the frontage to North Bridge Street provided through 3 full height, aluminium/glazed display windows.
Internally the subjects are fitted in accordance with their office use providing a main reception area and meeting rooms at ground floor, with an open plan office and staff accommodation at first floor.
The subjects are entered in the current Valuation Roll at Rateable Value £16,000
We calculate the Net Internal Floor Area to be as follows:-
Ground Floor: 104.23 sq m (1,122 sq ft) First Floor: 70.17 sq m (755 sq ft)
A copy of the EPC can be made available on request however the rating is F.
The subjects are currently tenanted by West Lothian Housing Partnership on a 15 year lease beginning 20th August 2014 incorporating Rent Reviews at 5 yearly intervals.
The passing rental is £15,000 per annum based on standard Full Repairing and Insuring lease subject to a schedule of condition.
Offers in the region of £185,000 are invited for the benefit of our client’s interest.
All prices, rents, premiums etc are quoted exclusive of VAT.
In the normal Scottish form addressed to this office.
For more information about this property, please contact Allied Surveyors Scotland, G20 on +44 141 376 8258 * (local rate)
Contact Allied Surveyors Scotland about this property
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