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58 North Bridge 673 sq ft Retail Unit Offered at £185,000 in Bathgate

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INVESTMENT HIGHLIGHTS

  • Located in the West Lothian town of Bathgate
  • Just off Junction 3A of the M8 motorway
  • Two-storey mid terraced block

EXECUTIVE SUMMARY

The subjects are located within the West Lothian town of Bathgate, situated just off Junction 3A of the M8 motorway which is the main trunk road through Central Scotland linking Edinburgh in the east and Glasgow in the west.

PROPERTY FACTS

Total Property Size 3,667 sq ft
Property Type Retail (Unit)
Property Subtype Shopfront Retail / Residential
Costar Property Class C
Floors 2
Typical Floor Size 1,833 sq ft
Year Built 1968
Total Plot Size 0.09 ac

AMENITIES

  • Security System
  • Roller Shutters
  • Monument Signage

1 UNIT AVAILABLE

Unit 58

Unit Size 673 sq ft
Price £185,000
Price Per sq ft £274.89
Unit Use Retail
Sale Type Investment
Tenure Freehold
Net Initial Yield 9.94%
NOI £18,389
DESCRIPTION

Internally, the accommodation comprises a front sales area, food preparation area as well as a fully equipped commercial kitchen, storage and WC compartment to the rear. The premises benefits from a large glazed aluminum frontage, providing exceptional exposure onto the busy throughfare.

SALE NOTES

Client is seeking offers in excess of £185,000 reflecting a NIY of
9.94%, assuming purchaser's costs of 1.75%.

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NEARBY MAJOR RETAILERS

Spar
Bank of Scotland
Costa Coffee
Anytime Fitness
Morrisons
Iceland
Lidl
Starbucks
Farmfoods
Curves
  • Listing ID: 32814275

  • Date on Market: 15/08/2024

  • Last Updated:

  • Address: 58 North Bridge, Bathgate

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