Retail unit with class 2 consent to let.
Location
Bathgate is a commuter town in West Lothian, approximately 20 miles west of Edinburgh. It holds a population of approximately 21,000 people with excellent communication links via road and rail across the central belt.
The subject property is located on the east side of George Street, in the heart of the Centre, benefitting from high levels of pedestrian footfall.
Nearby retailers include Boots, Kidzeco, WH Smith and British Heart Foundation.
Accommodation
Net Internal Area-112 sq.m (1,206 sq.ft)
Terms
LEASE - The subjects are available on the basis of a new full repairing and insuring lease subject to 5 yearly rent reviews.
RENT - Our clients are seeking rents in the order of £XXX per annum, subject to use, contract and covenant.
PLANNING - We have been verbally advised by the Local Planning Authority that the subjects currently benefit from Class 2 consent and can therefore be used for financial / professional services, or benefit from a permitted change of use to Class 1 (retail). Interested parties are advised to speak directly to the Local Planning Authority.
RATING - By arrangement. The property has a tenant at present, and their lease will be surrendered on the introduction of a new tenant. (Each new occupier has the right of appeal against this figure.) Based on a rate poundage of XXX, this rateable value will result in an estimated rates liability in financial year 20/21 of £XXX
ENERGY PERFORMANCE CERTIFICATE - The Property has a current EPC Rating of F.
DATE OF ENTRY - By arrangement. The property has a tenant at present, and their lease will be surrendered on the introduction of a new tenant.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred during the transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land and Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Specification
- Ground floor retail unit
- Net Internal Area-112 sq.m/1206 sq.ft
- Centrally located in popular High Street
- Rent - £XXX per annum (exclusive of VAT)