The subjects comprise a Class 1A premises arranged over the ground floor of a single storey mid terraced building. The property benefits from an easily accessible car park in close proximity & high levels of pedestrian footfall.
Internally the subjects comprise a large open plan front sales area as well as staff area, ample storage & WC facilities to the rear. There is also a fire escape to the rear of the property. The subject's configuration provides scope for a variety of uses subject to the necessary planning consents.
Location
Linlithgow is an affluent West Lothian commuter town situated approximately 13 miles to the west of Edinburgh’s city centre. The town benefits from efficient transport links via the M9 Motorway and rail line which connects Linlithgow to central Edinburgh and Glasgow.
The property is situated within the Regent Centre which is located on the east side of Blackness Road. The centre benefits from established occupiers including Tesco Metro, Greggs and Specsavers. The High Street is within close proximity and accommodates for a mix of both local and national occupiers.
Accommodation
Ground Floor - 106.65 sq m (1,148 sq ft)
The areas above have been calculated on a gross internal area basis in accordance with the RICS Property Measurement Professional Statement (Second Edition, January 2018) incorporating the International Property Measurement Standards.
Terms
LEASE - The subjects are offered on a full repairing and insuring basis for a new lease, incorporating regular rent reviews at an initial rent of £18,000 + VAT per annum.
LEGAL COSTS - Each party to bear their own legal costs in the documentation of this transaction; however the in-going tenant will be responsible for any LBTT, Registration Dues and any VAT incurred thereon.
VAT - Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
EPC - Released on application.
RATEABLE VALUE - The subjects are entered in the current Valuation Roll at a rateable value of £16,800 per annum which results in net annual payable rates of approximately £7,027.
Please note, a new tenant or occupier of a property has a right to appeal this rateable value within 4 months of the beginning of the tenancy agreement and this property may also be applicable for small business rates relief.
ANTI MONEY LAUNDERING REGULATIONS - The money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now require us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.
Specification
- PROMINENTLY POSITIONED WITHIN REGENT CENTRE, LINLITHGOW
- OFFERS OVER £18,000 + VAT PER ANNUM
- PREMISES EXTENDS TO 106.65 SQM/1,148 SQFT
- ARRANGED OVER GROUND FLOOR
- DDA COMPLIANT > VERSATILE PROPERTY SUITABLE FOR A VARIETY OF USES SUBJECT TO THE NECESSARY PLANNING CONSENTS
- BUSTLING PITCH WITH HIGH LEVELS OF PEDESTRIAN PASSING TRAFFIC
- FREE CAR PARKING IN CLOSE PROXIMITY