The subjects comprise a ground and first floor mid-terraced property, currently utilised as a hair and beauty salon, that forms part of a larger former bank building, which has been converted to part residential / commercial use with shared access.
The property is of traditional stone construction and surmounted by a pitched and slated roof. There is a single storey extension to the rear of brick construction, surmounted under a flat roof covered in what we assume is a bitumous felt or similar type covering.
Internally the ground floor is laid out to provide an open plan space, currently utilised as a hair dressing salon, with kitchenette and W/C facilities available to the rear. There is further space on the first and mid-floors of the property, which comprises of 3 well-proportioned treatment rooms with further ancillary storage accommodation and an additional treatment room located on the mid-floor landing.
We have also been advised that the property benefits from considerable attic space that covers the entire premises, but access was not granted during inspection.
We note that from reference to the Historic Environmental Scotland Website that the building lies within a conservation area (CA374) and is category C listed.
Location
The subjects are situated centrally on Bank Street, in the West Lothian village of Mid Calder.
The village of Mid Calder is located circa three and a half a miles to the East of Livingston, the main administrative and commercial centre of West Lothian.
The property lies to the edge of the main retail area of the village, which is of a staggered nature along Market Street and Bank Street. The property is surrounded by primarily residential dwellings, but commercial occupiers such as Khushi’s Indian Restaurant, Peterkin & Kidd Solicitors and the Mid Calder Convenience Store were also noted.
Accommodation
We have measured the property in accordance with the RICS Code of Measuring Practice 6th Edition on a Net Internal Area basis in the order of: GIA:
139.35 sqm (1,500 sqft)
Terms
PURCHASE - Offers in excess of £270,000 exclusive of VAT are invited for the purchase of our client’s heritable interest.
LEASE - Offers to lease the premises will be considered but offers to purchase are strongly preferable. Lease terms are available upon application.
RATEABLE VALUE - According to the Scottish Assessors Association website, the property has a current rateable value of £11,050, which means any potential occupier could benefit from 100% rates relief in line with the Small Business Bonus Scheme.
ENERGY PERFORMANCE CERTIFICATE - The property has an EPC rating of # and a copy of the certificate is available to interested parties upon request.
LEGAL COSTS - Each party shall bear their own legal costs in connection with the transaction although in the normal manner the purchaser will be liable for land & buildings transaction tax and registration dues.
VAT - VAT may be applicable
VIEWING - Strictly by appointment through the sole marketing agents.
DATE OF ENTRY - Entry will be available on completion of legal formalities
Specification
- Rarely Available Former Bank Premises
- Currently Set-Up and Utilised as a Hair and Beauty Salon
- Benefits from Strong Pedestrian Footfall and Passing Vehicular Trade
- May Suit Residential Conversion – Subject to Planning Permission
- NIA of 139.35sqm (1,500 sqft)
- Offers Over £270,000