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70-72 George Street, Bathgate, EH48 1PD

not specified / Retail

Sold - Last updated: 10 June 2020

Town Centre Bathgate

Extensive Building

Prominently Positioned

Let To Money Station Ltd & Lisa Beverige Therapies

Ground Floor: Expiry: 2029

1st Floor: 2020

Passing Rent: £XXXper annum

Price: £XXX

 

Location

 

The subjects are situated on the East side of George Street at its junction with Bloomfield Place within Bathgate’s town centre. 

 

Bathgate is a busy town within the West Lothian region, approximately 20miles West of Edinburgh with a resident population of c. 21,000. Bathgate benefits from excellent transport links via the M8 motorway networks along with a plethora of bus stops and rail station within the town centre. Neighbouring occupiers include Costa Coffee, Pizza Hut, D’Nisi Coffee, Greggs and Poundland.

 

Subjects

 

The subjects comprise substantial 2 storey detached commercial development of traditional construction surmounted by a pitched, mansard style roof overlaid in slate. 

 

The ground floor comprises a retail uni with prominent glazed frontage along with multiple display windows. Internally the subjects have been fit out to suit the current tenants operational requirements, comprising open plan sales area with portion to the rear to form staff tea prep, storage, office & w.c facility.

 

The upper floor is accessed via Bloomfield Place via a single doorway leading to an internal stairwell. The upper floor comprises a main reception area with partitions erected to form multiple private treatment rooms, office & w.c

 

Area

 

The subjects have been measured on a Net Internal Area basis to extend to the following:

 

Ground: 133.68sqm (1,439sq ft)

1st: 108.97sqm (1,173sq ft)

 

Executive Summary

 

The subjects have been Lease on full repairing insuring lease on the following terms

 

Ground

Tenant: Money Station Limited 

Term: August 2019 - August 2020

Tenant Break: August 2024

Passing Rent: £XXXp.a

 

1st Floor

Tenant: Lisa Beverige Therapies

Term: 21/9/10 - 20/9/20

Passing Rent: £XXXp.a

Other: Tenant did not exercise their break Option in 2015.Tenant has upgraded heating and installed new boiler system.

 

Price

 

Our client is seeking £XXX for their freehold interest in the subjects.

 

V.A.T

 

Prices quoted are exclusive of V.A.T

 

E.P.C

 

Available on request

 

Lease & Title

 

Available on request

 

Legal

 

Each party shall bear their own legal costs incurred in the transaction


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