58 North Bridge 673 SF Retail Unit Offered at £185,000 in Bathgate
INVESTMENT HIGHLIGHTS
- Located in the West Lothian town of Bathgate
- Just off Junction 3A of the M8 motorway
- Two-storey mid terraced block
EXECUTIVE SUMMARY
The subjects are located within the West Lothian town of Bathgate, situated just off Junction 3A of the M8 motorway which is the main trunk road through Central Scotland linking Edinburgh in the east and Glasgow in the west.
PROPERTY FACTS
| Price | £185,000 |
| Unit Size | 673 SF |
| No. Units | 1 |
| Total Building Size | 3,667 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | C |
| Number of Floors | 2 |
| Typical Floor Size | 1,833 SF |
| Year Built | 1968 |
| Lot Size | 0.09 AC |
AMENITIES
- Security System
- Roller Shutters
- Monument Signage
1 UNIT AVAILABLE
Unit 58
| Unit Size | 673 SF |
| Price | £185,000 |
| Price Per SF | £274.89 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 9.94% |
| NOI | £18,389 |
DESCRIPTION
Internally, the accommodation comprises a front sales area, food preparation area as well as a fully equipped commercial kitchen, storage and WC compartment to the rear. The premises benefits from a large glazed aluminum frontage, providing exceptional exposure onto the busy throughfare.
SALE NOTES
Client is seeking offers in excess of £185,000 reflecting a NIY of
9.94%, assuming purchaser's costs of 1.75%.
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NEARBY MAJOR RETAILERS
