Acquired
Bathgate – Shop & Offices Investment
52- 54 North Bridge Street, Fauldhouse, Bathgate, West Lothian, EH47 9AYFreehold Shop And Offices Investment
Lease Term
6 Years
Area
1,065 SQ FT
VAT Applicable
No
Investment Consideration
- Comprises a ground floor retail unit with self-contained office accommodation on the first floor accessed via a doorway to the front
- Town Centre location close to Bathgate Railway Station
- Asset Management Opportunity
- Nearby occupiers include Boots the Chemist, Aldi, M&Co and Poundland as well as branches of Santander, TSB and RBS banks
VAT
VAT is not applicable.
Property Description
The property comprises a ground floor retail unit with self-contained office accommodation on the first floor accessed via a doorway to the front.
Tenancy Description
The ground floor shop (No. 54) is at present let to Keltra Crafts for a term of 3 years from 30th March 2019 at a current rent of £6,000 per annum and the first floor office (No. 52) is at present let to an individual for a term of 6 years from 1st March 2019 at current rent of £5,400 per annum, which is a total rent of £11,400 per annum.
Tenancies & Accommodation
Location Description
Bathgate is a popular town in West Lothian located on the M8 motorway linking Edinburgh and Glasgow. The town has a population of approximately 15,000 people. The town is 15 miles west of Edinburgh and 25 miles east of Glasgow. Road links are excellent and the town benefits from a rail station with a journey time of 26 minutes to Edinburgh. Nearby occupiers include Boots the Chemist, Aldi, M&Co and Poundland, as well as branches of Santander, TSB and RBS banks.
