Town Centre Bathgate
Extensive Building
Prominently Positioned
Let To Money Station Ltd & Lisa Beverige Therapies
Ground Floor: Expiry: 2029
1st Floor: 2020
Passing Rent: £25,XXXer annum
Price: £230,000
Location
The subjects are situated on the East side of George Street at its junction with Bloomfield Place within Bathgate’s town centre.
Bathgate is a busy town within the West Lothian region, approximately 20miles West of Edinburgh with a resident population of c. 21,000. Bathgate benefits from excellent transport links via the M8 motorway networks along with a plethora of bus stops and rail station within the town centre. Neighbouring occupiers include Costa Coffee, Pizza Hut, D’Nisi Coffee, Greggs and Poundland.
Subjects
The subjects comprise substantial 2 storey detached commercial development of traditional construction surmounted by a pitched, mansard style roof overlaid in slate.
The ground floor comprises a retail uni with prominent glazed frontage along with multiple display windows. Internally the subjects have been fit out to suit the current tenants operational requirements, comprising open plan sales area with portion to the rear to form staff tea prep, storage, office & w.c facility.
The upper floor is accessed via Bloomfield Place via a single doorway leading to an internal stairwell. The upper floor comprises a main reception area with partitions erected to form multiple private treatment rooms, office & w.c
Area
The subjects have been measured on a Net Internal Area basis to extend to the following:
Ground: 133.68sqm (1,439sq ft)
1st: 108.97sqm (1,173sq ft)
Executive Summary
The subjects have been Lease on full repairing insuring lease on the following terms
Ground
Tenant: Money Station Limited
Term: August 2019 - August 2020
Tenant Break: August 2024
Passing Rent: £20,XXX.a
1st Floor
Tenant: Lisa Beverige Therapies
Term: 21/9/10 - 20/9/20
Passing Rent: £5,XXX.a
Other: Tenant did not exercise their break Option in 2015.Tenant has upgraded heating and installed new boiler system.
Price
Our client is seeking £230,000 for their freehold interest in the subjects.
V.A.T
Prices quoted are exclusive of V.A.T
E.P.C
Available on request
Lease & Title
Available on request
Legal
Each party shall bear their own legal costs incurred in the transaction