We are excited to present this excellent commercial investment opportunity in Bathgate.
Property benefits from a fantastic long term tenant in situ and produces excellent cash flow.
Property is ideally situated on a busy main road, benefiting from significant daily footfall and excellent visibility.
Prime Opportunity for Commercial investors looking for an affordable commercial investment. Excellent yield if achieved for guide price.
The Tenant has had the lease and ran successful business for the past 21 years -just recently taken on new lease of 15 years (with option to extend for another 5 years)
*Long term, secure commercial investment opportunity*
Location
North Bridge Street is located in Bathgate, a town in West Lothian, Scotland. This property sits in a vibrant area characterized by a mix of residential/ commercial property and is known for its accessibility to nearby road links facilitating easy commuting to major cities like Edinburgh and Glasgow. The location has various local amenities, including shops, restaurants, and recreational facilities, enhancing the attractiveness for potential residents and businesses. Additionally, Bathgate offers a rich history and community spirit, making it a desirable place to live and work.
Accommodation
Property comprises: Large shop front area, kitchen space & ample storage.
Terms
*** Guide Price: £175,000 ***
For rental purposes, the property is currently tenanted at £360 per week (£18,720 P/A). This Offers an attractive return on investment at the guide price and could provide an exceptional yield.
Property has from a rateable value of £9,800 ensuring low overheads, qualifying for small business rates relief.
Property also benefits from an FRI lease making it an attractive investment opportunity to a shrewd commercial investor.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.