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North Bridge Street, Bathgate EH48 Property for sale
North Bridge Street, Bathgate EH48
£145,000
North Bridge Street, Bathgate EH48
£145,000
Our Summary
- We are excited to present this excellent commercial investment opportunity in Bathgate * Guide Price: £169,000 ** North Bridge Street, Bathgate EH48 4PP previously sold for £202,600 , 36-46, North Bridge Street, Bathgate, EH48 4PP previously sold for £179,500 in 2021 *For rental purposes, the property is currently tenanted at £360 per week (£18,720 P/A)
- Excellent Commercial Investment Opportunity located within a prime location in BathgateProperty comprises: Large shop front area, kitchen space & ample storage
- Property is readily let with long term tenant in situ, producing a monthly cash flow of £1,560 (£18,720 per annum)Property also benefits from an FRI lease making it an attractive investment opportunity to a shrewd commercial investorPrime Opportunity for Commercial investors looking for an affordable commercial investment
- The Tenant has had the lease and ran successful business for the past 21 years -just recently taken on new lease of 15 years (with option to extend for another 5 years)*Long term, secure commercial investment opportunity**Property has a rateable value of £9,800* qualifying for small business rates reliefSure to appeal to investors looking for a high yielding commercial asset
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- We are excited to present this excellent commercial investment opportunity in Bathgate * Guide Price: £169,000 *
- We are excited to present this excellent commercial investment opportunity in Bathgate *** Guide Price: £169,000 ***
Description
This commercial property in Bathgate, West Lothian, Scotland, presents an excellent investment opportunity for savvy investors. The property, located on North Bridge Street, benefits from a fantastic long-term tenant in situ, producing a monthly cash flow of £1,560 (£18,720 per annum). With a rateable value of £9,800, the property qualifies for small business rates relief, keeping overheads low. The property is situated in a prime location, enjoying significant daily footfall and excellent visibility, making it an attractive investment opportunity. The tenant has been in place for 21 years and has recently taken on a new 15-year lease with an option to extend for another 5 years. With a guide price of £169,000, this property offers an attractive return on investment and could provide an exceptional yield. The property features a large shop front area, kitchen space, and ample storage, making it an ideal investment opportunity for commercial investors seeking a high-yielding asset.