Bathgate is a town in West Lothian situated just off junction 3A of the M8. It is approximately 5 miles and 15 miles west of Livingston and Edinburgh respectively.
The property is located on Kirk Road, approximately 5 minutes from the M8, at the corner of Crosshill Drive. It is situated a short distance to the east of the town centre in a residential district.
Street parking is widely available but there are also two bus services connecting this part of Bathgate with the town centre and surrounding districts.
The subjects comprise a single storey end terrace commercial premises occupying a prominent corner plot in an expanding residential district.
The property is split between a traditional newsagent premises and a former dwelling house, which is now classed as commercial. The two properties are currently not connected internally but could be depending on specific needs.
The newsagent, currently vacant, comprises a shop area to the front with a large store and staff WC to the rear. The former house contains several large rooms benefitting from high ceilings, a kitchen, storage and WC. There is also access to a secure garden area the rear.
According to our recent measurement survey the premises contain the following approximate gross internal areas:
Shop 55 sq m (592 sq ft)
House 59 sq m (635 sq ft)
Total 114 sq m (1,227sq ft)
Our client is seeking £12,000 per annum to grant a lease on the premises.
The subjects are made available on the basis of a new full repairing and insuring (FRI) lease for a term to be negotiated.
Alternatively, our client will consider selling the Heritable interest in the property with offers over £130,000 sought.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £4900 effective 1st April 2017. The uniform business rate for the current year is 46.6 pence in the pound.
Occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
ENERGY PERFORMANCE CERTIFICATE
The energy performance rating is G.
A copy of the certificate is available on request.
The property is served by mains electricity, gas and water.
Each party shall bear their own legal costs with the eventual tenant or purchaser liable for any LBTT and Registration Dues.
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, IME Property Ltd, on 0131 290 2350.