Planning approved for 5 bedroom HMO (House of multiple occupation)
A fully refurbished, detached office premises with extensive car parking/private yard area.
Ideal for office, Physiotherapist, veterinarian, dentist types of businesses.
Situated close to Broxburn town centre and with easy access to both the M8 and M9 motorway.
Only 2 miles from Newbridge roundabout and 15 miles west of Edinburgh city centre.
Broxburn is a popular commuter town in West Lothian approximately 15 miles west of Edinburgh city centre. It enjoys a strategic location as it is less than 2 miles from access to both the M8 and M9 at nearby Newbridge.
The subject property is situated down a lane on the west side of Greendykes Road (B8020). East Main Street (A899), the principle thoroughfare through the centre of Broxburn, is just to the south.
There is a wide range of commercial occupiers in the immediate vicinity including a supermarket, hot food takeaways and a leisure club.
The subjects, which are detached and single storey with a pitched slated roof, present an excellent owner occupier opportunity and comprise the following accommodation:
• 3 private offices
• Open plan/shared working area
• Kitchen facility
• WC facilities (including disabled WC)
• Parking for 7 vehicles
• Secure gate access with two entrances exclusive to the property
The accommodation has been fully refurbished and is in good decorative order throughout. It may suit office, Physiotherapist, veterinarian, dentist types of businesses
Planning has recently been obtained to convert from a class 2 office into an HMO (House of Multiple Occupancy)
The drawings can be seen on the West Lothian Planning Portal following this link.
The renovation costs have been quoted at £32,000 from a local building company.
According to our recent measurement survey the premises contain the following approximate net internal area:
105 sq m (1,130 sq ft)
Our client is seeking a fixed price of £150,000 for the heritable interests in the subjects.
A rental sum of £10,000 per annum is being sought to lease this unique property on a full repairing and insuring basis.
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £5,400 effective from 1st April 2017. The uniform business rate for the current year is 46.6 pence in the pound.
Occupiers may be eligible for 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.
The property is served by mains electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
A copy of the recommendation report is available on request.
Each party shall bear their own legal costs with the eventual 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.
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