Available
Winchburgh – Takeaway Shop
10 Main Street, Winchburgh, West Lothian EH52 6RTFreehold Takeaway Investment
Price
£185,000
Rent P.A.
£13,000
Yield
7.03%
Tenure
Freehold
Lease Term
20 Years
Years Left on Lease
8y 1m
Area
692 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprising a ground floor takeaway shop
- Only one Chinese takeaway in town
- Located next to one of the UK`s largest development plans with 3,500 new homes to be built, along with new schools, a marina and employment land in a £1 billion project.
- Occupiers nearby include Co-Op Food, Dominos, amongst number of local café/takeaways and a butcher.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property is arranged as a ground floor takeaway shop. The property provides the following accommodation and dimensions:
Ground Floor: 64.26 sq m (692 sq ft)
Ground Floor: 64.26 sq m (692 sq ft)
Tenancy Description
The entire property is at present let to an Individual for a term of 20 years from 1st February 2013 at a current rent of £13,000 per annum and the lease contains full repairing and insuring covenants. The lease provides for rent reviews in 2023 and every 5th year after.
Tenancies & Accommodation
Location Description
Winchburgh is a village in the Council area of West Lothian, Scotland. It is located approximately 10 miles (16 km) west of the city-centre of Edinburgh, 6 miles (9.7 km) east of Linlithgow and 3 miles (4.8 km) northeast of Broxburn. There are regular scheduled buses to and from surrounding places including Edinburgh, Linlithgow, Falkirk, South Queensferry and Broxburn. Located next to one of the UK's largest development plans with 3500 new homes to be built, along with new schools, a marina and employment land in a £1 billion project. Occupiers nearby include Co-Op Food, amongst number of local café/takeaway shops and a butcher.
