Property for sale

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Property for sale

58 North Bridge Street, Bathgate, EH48 4PP
£169,000

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 Bathgate Property 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 investor Prime 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 relief Sure 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 ***

Description

This commercial investment opportunity is located on North Bridge Street in Bathgate, West Lothian, Scotland. The property is currently tenanted at £360 per week, producing a monthly cash flow of £1,560 and an annual yield of £18,720. The property has a rateable value of £9,800, qualifying for small business rates relief. The tenant has been in situ for 21 years and has recently taken on a new 15-year lease with an option to extend for another 5 years. The property is situated on a busy main road, benefiting from significant daily footfall and excellent visibility. With a guide price of £169,000, this property offers an attractive return on investment and could provide an exceptional yield for a shrewd commercial investor.
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