20 / 24 George Street Bathgate EH48 1PW

  • 20 / 24 George Street<br>Bathgate<br>EH48 1PW

20 / 24 George Street
Bathgate
EH48 1PW

Modern Retail Investment

  • Excellent retailing location on pedestrianised George Street
  • Fully let to Kidz-Eco CIC
  • Extensive retail frontage
  • Neighbouring occupiers include Boots, RS McColl, WH Smith and Poundland
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    89
  • Auction
    19th May 2016
  • Rent
    £35,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Modern Retail Investment

  • Excellent retailing location on pedestrianised George Street
  • Fully let to Kidz-Eco CIC
  • Extensive retail frontage
  • Neighbouring occupiers include Boots, RS McColl, WH Smith and Poundland
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 89
  • Auction 19th May 2016
  • Rent £35,000 per Annum Exclusive
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
18 miles west of Edinburgh, 27 miles east of Glasgow
Roads
A89, M8 (Junction 3A)
Rail
Bathgate Railway Station
Air
Edinburgh Airport
Situation

The property is situated in a prominent position on the eastern side of the pedestrianised George Street. George Street is considered to be the main retailing street within the town. There is on street car parking on all surrounding streets with a large public car park to the rear of the property. Nearby occupiers include WH Smith, Boots, M&Co and RS McColl. 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 30 minutes to Edinburgh Waverley station.

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
Air
Edinburgh Airport
Situation

The property is situated in a prominent position on the eastern side of the pedestrianised George Street. George Street is considered to be the main retailing street within the town. There is on street car parking on all surrounding streets with a large public car park to the rear of the property. Nearby occupiers include WH Smith, Boots, M&Co and RS McColl. 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 30 minutes to Edinburgh Waverley station.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The subject property comprises a modern two storey building arranged over ground and first floors. The ground floor is used for retail sales with the first floor providing ancillary accommodation. There is a yard area to the rear accessed off Hopetoun Lane providing parking and yard space for the property.

Six Week Completion

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis.
Telephone: +44 (0)131 552 5191.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The subject property comprises a modern two storey building arranged over ground and first floors. The ground floor is used for retail sales with the first floor providing ancillary accommodation. There is a yard area to the rear accessed off Hopetoun Lane providing parking and yard space for the property.

Six Week Completion

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis.
Telephone: +44 (0)131 552 5191.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Accommodation Use Floor Areas (Approx) Tenant Term Rent p.a.x.(gross) Reversion
Ground Floor
First Floor		 Retail
Staff and Storage
278.30 sq m
111.32 sq m
(2,996 sq ft)
(1,198 sq ft)
 K-ECO CIC (1) 5 years from 12/02/2015
on full repairing and
insuring terms		 £35,000 11/02/2020
Total  
389.62 sq m
4,194 sq ft
    £35,000

(1) For the year ending 30th November 2014, Kidz-Eco CIC reported a total net worth of £21,168 (Source: www.riskdisk.com 21/04/2016).

Contacts

Associate AuctioneersGraeme Miller +44(0)131 225 1559graeme.miller@g-s.co.uk
Seller's Solicitors
DLA Piper LLP Rutland Square
Edinburgh
EH1 2AA
Scott Ferrier 0131 242 5078scott.ferrier@dlapiper.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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