Town Centre location close to Bathgate Railway Station
Asset Management Opportunities
Retail unit with Office accommodation
Nearby occupiers include Boots the Chemist, Aldi, M&Co and Poundland as well as branches of Santander, TSB and RBS banks
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 57
Auction 25th May 2017
Rent £12,000 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of a Major Fund Manager
Property Information
Location
Miles
18 miles west of Edinburgh, 27 miles east of Glasgow
Roads
A89, M8 (Junction 3A)
Rail
Bathgate Railway Station (26 mins to Edinburgh)
Air
Edinburgh International Airport
Situation
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.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
18 miles west of Edinburgh, 27 miles east of Glasgow
Roads
A89, M8 (Junction 3A)
Rail
Bathgate Railway Station (26 mins to Edinburgh)
Air
Edinburgh International Airport
Situation
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.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a ground floor retail unit with selfcontained office accommodation on the first floor accessed via a doorway to the front.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with selfcontained office accommodation on the first floor accessed via a doorway to the front.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit No.
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
54
Ground
Retail
34.37 sq m
(370 sq ft)
INDIVIDUAL t/a Keltra Crafts (1)
3 years from 30/03/2016
£6,000
29/03/2019
52
First
Office
64.57 sq m
(695 sq ft)
OPEN DOOR ACCOMMODATION PROJECT (2)
3 years from 01/07/2015 (3)
£6,000
30/06/2018
Total
98.94 sq m
(1,065 sq ft)
£12,000
(1) Keltra Crafts is a unique and inspirational shop selling handmade gifts alongside beautiful quilting fabrics and haberdashery (Source: www.choosebathgate.com 21/04/2017). (2) Open Door Accommodation Project is a registered charity which was been providing emergency hostel and supported accommodation for over 30 years (Source: www.odap.org.uk 21/04/2017). (3) The 2017 tenant break option was not exercised.
