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).