93 Main Street Fauldhouse, trading as “Hot Stuff” has been a Class 3 premises for several decades, and has recently been refurbished to offer table service.
The ground floor café has a traditional style double frontage on to New Road and is sub-divided internally to form a main sales and seating area with kitchen and toilet. Towards the rear of the property there are a number of external stores with service access on to Peebles Street.
Location
Fauldhouse is a village located to the South of Whitburn in West Lothian and is approximately 11 miles West of Livingston. Main Street is the main thoroughfare through the town, and 93-95 Main Street sits in an area which mixture of retail and residential properties.
Neighbouring occupiers include the Heatherbell Inn and Connels Newsagents.
Accommodation
The café premises extends to an area of 849 sq.ft in terms of Zone A, with a Net internal area of 100 sq.m (1079 sq.ft.)
The first floor of the building consist of a single residential apartment with its own access to the rear of the building an containing the following accommodation:
First Floor – Hallway, Lounge, Kitchen with Veranda, four Bedrooms, and Bathroom.
The Bathroom and Kitchen have recently been renovated.
The apartment extends to a gross internal floor area of 103sq.m (1,111 sq.ft)
The title includes several outbuildings, as well as substantial garden area.
The investment is being offered as a whole, and as such, no home report on the property is available.
Terms
RATING: The Rateable Value of the shop is £13,600 and qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status. The residential property is noted under Council Tax Band D.
LEASE/ TENURE: The lease is granted in favour of Ferdi Tecir, trading as “Hot Stuff”. Rent is specified as £350 per week, which equates to £18,200 per annum, which based on our measured area would equate to a rental of £21.44 per sq.ft. ITZA. The lease is due to expire 15th September 2024.
The flat has been rented out previously but is being offered with vacant possession.
PRICE: Offers of £250,000 are invited for our client’s heritable interest with the benefit of the lease. All prices are quoted exclusive of VAT (if applicable).
EPC: Available upon request.
LEGAL COSTS: Each party to be responsible for their own costs incurred.
Specification
- Prominent position on Main Street, Fauldhouse
- Trading café let at an annual rental of £18,200 pa.
- Total area 203.4 sq.m (2190 sq.ft)
- Large, four bedroom flat (offered with vacant possession)
- 100% rates relief on shop, subject to status
- Offers of £250,000 are invited