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CLASS 1 RETAIL - PRICE REDUCTION, 1 Jarvey Street, Bathgate, EH48 4EZ

764 Sq Ft / Retail / General Retail

Let - Last updated: 12 August 2024

• Prominent corner unit with double frontage
• Would suit a wide range of Class 1 retail uses
• Flexible terms on offer/minimum 1-year lease term
• £260 per week (£13,520 per annum)
• Available for immediate occupancy

DESCRIPTION
 
The subjects comprise a double fronted shop unit over the ground floor of an end of terrace two storey block with residential units on the first floor.  There is plenty of parking available outside and on the surrounding streets.
 
These deceptively large premises previously traded as a café but would now suit a wide range of alternative uses compliant with its class 1 consent.  The front shop area is afforded plenty of natural light due to the two large windows creating a pleasant retail space.  A small set of steps lead you up to the rear sections of the shop where there is a small store/staff office just off to the right.  A further set of steps lead up to a large rear shop area which could be utilised as storage space or a display area.
 
The WC facilities are in the mid-section of the shop and there’s a DDA accessible WC just off the main shop area.

Location

Bathgate is a popular town in West Lothian situated just off junction 3A of the M8 and is approximately 5 miles and 15 miles west of Livingston and Edinburgh respectively.  
 
The subjects are located on Jarvey Street close to the corner of Hopetoun Street at the east end of the town centre.  The immediate area is retail and commercial but there is also a high density of residential properties in the surrounding streets. 
 
The train station is a short walk from the subjects and there are also a number of bus services connecting the town with surrounding districts.  Local parking can also be found nearby.
 
Nearby occupiers include several cafes, a branch of the Bank of Scotland, Ladbrokes and Liberta restaurant.

Accommodation

According to our recent measurement survey the premises contain the following approximate net internal area:
 
71.01 sq m (764 sq ft)

Terms

The subjects are made available on the basis of a new full repairing and insuring (FRI) lease.  Flexible lease term considered but, ideally, a minimum term of 1 year is sought.

RENT
 
Our client is seeking rental offers of £13,520 per annum (£260 per week) to grant a new lease.

 

Specification

RATEABLE VALUE
 
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £9,000.  The uniform business rate for the current year is £0.484 pence in the pound.
 
Occupiers may be eligible for rates relief through the small business bonus scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
 
UTILITIES
 
We understand the property is served by mains water and electricity.
 
ENERGY PERFORMANCE CERTIFICATE
 
The Energy Performance Certificate rating is pending.
 
A copy of the recommendation report is available on request.
 
LEGAL COSTS
 
Each party shall bear their own legal costs in the preparation of the lease with the eventual tenant liable for any Registration Dues or LBTT thereon.
 
ENTRY
 
Upon completion of a formal missive under Scots Law.
 
VIEWING AND FURTHER INFORMATION
 
By appointment only through the sole letting agent, Allied Surveyors Scotland plc.


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