The property comprises a modern end terrace retail unit, formerly a salon, with elements of the fitout left. The property has a large open plan area, incorporating a reception area, with space for 6 hairdressing stations. There is also a separate treatment room, welfare facilities, and a managers office. On the Lower ground space, there is additional storage or the ability to create additional treatment rooms. Other benefits include:
- Alarm
- Gas central heating
- Dedicated parking for the development.
The property is currently occupied but is due to return to the landlord in January 2024.
Location
The property is located on Glasgow Road, the main thoroughfare through Bathgate on a highly visible site on the periphery of the town. The area is predominantly residential, with the development being a mixture of Class 1A uses. Other occupiers in the development include Almond Letting and Greenshoots financial Services.
Accommodation
The property has been measured in accordance with the RICS Code of Measuring Practice – 6th Edition on a Net internal area basis as is as follows:
Ground Floor - 1,135 sq ft (105.4 sq m)
Lower Ground Floor - 239 sq ft (22.2 sq m)
Total - 1,374 sq ft (127.6 sq m)
Terms
RATING ASSESSMENT: The tenant will be responsible for the payment of rates and any other local authority outgoings as of the date of entry.
According to the Valuation Roll, the property has a Rateable Value of £11,400, which based on the current rate poundage of 49.8p in the £ the cost attached to non-domestic rates would be £5766 per annum. Some tenants may be eligible for 100% rates relief under the Small Business Bonus Scheme reducing this payment to £nil.
LEASE TERMS: Our clients are seeking leases on a full repairing and insuring basis of terms of 5 years or longer, on an annual rental of £20,000 per annum plus VAT.
DATE OF ENTRY: Upon completion of legal formalities.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the subjects is available on request.
VAT: All prices quoted are exclusive of VAT which is chargeable.
LEGAL EXPENSE: Each party will be responsible for the payment of their own legal costs in this transaction.
Specification
- Highly Visible Former Salon with parking
- NIA 1374 sq.ft/128 sq.m
- Attractive fitout with lower ground storage/ staff area.
- AVAILABLE JAN 2024.
- Rent - £20,000 per annum plus VAT.