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Retail/Development Opportunity, 55 High Street, Cockenzie, Prestonpans, EH32 0DG

870 Sq Ft / Retail / Retail - High Street

Sold - Last updated: 03 July 2023

The subjects comprise a ground floor mid-terraced retail property of traditional stone construction, surmounted by a flat roof to the front and rear with what we assume to be a bituminous felt or similar type covering, with a part pitched and slated roof to the mid-section of the property.
 
The subjects benefit from a full height timber framed and single glazed display window, with access taken via the right-hand side via a recessed pedestrian entrance door.
 
Internally, the property comprises an open plan sales/reception area to the front and is currently utilised as a dog groomers. To the rear is a generous sized kitchen area with base and wall mounted units, a utility room, an open-plan dog grooming section and a W/C compartment with separate section including a hand-wash basin.
 
Artificial lighting is supplied throughout via a combination of fluorescent strip tubes and pendants fittings, and heating is supplied via gas-fired combi boiler.

Location

The premises is located on Cockenzie High Street (adjacent to Port Seton, near Prestonpans), on the east coast of Scotland and central to the largest conurbations in East Lothian, less than 2 miles from the A1, and 12 miles to the east of Edinburgh city centre.
 
The immediate local area is served by 3 primary schools and one secondary school, 2 community centres, a sports centre, a swimming pool, a railway station, 6 supermarkets and various small shops. East Lothian is predominantly a rural economy and is famed for the many golf courses along the coastline.

Accommodation

NIA: 80.81 sq m (870 sq ft)

Terms

SALE TERMS
Our client is seeking offers over £80,000 for the purchase in their heritable interest.
 
PLANNING
We understand that the premises has previously had a planning application granted for conversion to a 3 bedroom residential dwelling. Further details can be found on the East Lothian Planning Portal with reference number 14/00840/P
 
RATEABLE VALUE
According to the Scottish Assessors Association website, the property has a current rateable value of £6,200 and therefore any potential occupier could benefit from 100% rates relief in line with the small business bonus scheme.
 
ENERGY PERFORMANCE CERTIFICATE
The property has an EPC rating of E and a copy of the certificate is available to interested parties upon request.
 
LEGAL COSTS
Each party shall bear their own legal costs in connection with the transaction although in the normal manner the purchaser will be liable for land & buildings transaction tax and registration dues.
 
VAT
VAT is not chargeable.
 
VIEWING:
Strictly by appointment through the sole selling agents.
 
DATE OF ENTRY:
Entry will be available on completion of legal formalities.

Specification

  • Flexible retail premises which could be suited for a variety of uses (STP)
  • Situated within popular East Lothian town and benefits from excellent residential and commercial catchment
  • Benefits from unrestricted on-street parking
  • Planning permission previously approved for conversation to a 3-bedroom residential dwelling
  • NIA: 80.81sqm (870sqft)
  • Offers Over £80,000 (VAT not chargeable)


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