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North Bridge Street, Bathgate EH48 Property for sale
North Bridge Street, Bathgate EH48
£169,000
North Bridge Street, Bathgate EH48
£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 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 *
Description
This commercial investment property in Bathgate, West Lothian, Scotland, is being offered for sale at a guide price of £169,000. The property has previously sold for £202,600 and £179,500 in 2021, making it an attractive opportunity for investors. 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 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 benefits from a rateable value of £9,800, qualifying for small business rates relief, and is situated on a busy main road with significant daily footfall and excellent visibility. This property is an excellent opportunity for commercial investors looking for a high-yielding asset with a long-term, secure income stream.