248 station road , Shotts, ML7 4AQ

16 years Unexpired (July 2033)
Personal Name on Lease
£XXXper annum
Ground & 1st Floor
VAT Free Investment

The subjects comprise an end terrace ground and first floor retail premises with parking to the rear. Internally the subjects have been extensively refurbished by the existing tenant with new signage to the front elevation. The subjects have been fitted out with full range fryers, w.c. facilities, office and 2 No. large rooms and first floor. The subjects benefit from dedicated parking area to the rear of the demise.
The subjects have been let for a term of 21 years from July 2012 expiring July 2033 for a passing rent of £XXX per annum on a personal name.

Location
Shotts is a commuter township which lies equi distant between Glasgow and Edinburgh with the majority of the locals commuting to either Glasgow or Edinburgh. The subjects are located on Station Road in close proximity to its junction with Shottskirk Road and Easter Road. Station Road is an arterial route through Shotts leading to and from the town centre with a large mixture of pedestrian and commercial traffic along with high volumes of passing footfall.

Subjects
The subjects comprise an end terrace ground and first floor retail premises with parking to the rear. Internally the subjects have been extensively refurbished by the existing tenant with new signage to the front elevation. The subjects have been fitted out with full range fryers, w.c. facilities, office and 2 No. large rooms and first floor. 
Internally the subjects have been decorated to a good standard by the sitting tenant with new wall coverings, recessed LED spot lights and ceiling cladding.

Lease
The subjects are let on a Full Repairing and Insuring lease for a term of 21 years expiring July 2033 with a current passing rent of £XXX per annum with a rent review currently outstanding and to occur every 5 years. 

NAV/RV
The subject property benefits from being below the Business Rates Relief Scheme benefitting from 100% rates relief.

Price
Our client shall sell their freehold interest for £XXX

V.A.T.
The subjects are not elected for V.A.T. therefor V.A.T. will NOT be charged on the purchase price

E.P.C.
A copy of the E.P.C. will be available for any interested party.