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INVESTMENT HIGHLIGHTS
- Located in the West Lothian town of Bathgate
- Two storey and attic mid terraced block
- Currently trading as Spice Magic
EXECUTIVE SUMMARY
The subjects comprise a hot food takeaway premises arranged over the ground floor of a two storey and attic mid terraced block. The premises benefits from a large glazed aluminum frontage, providing exceptional exposure onto the busy throughfare.
PROPERTY FACTS
| Total Building Size | 953 SF | Typical Floor Size | 318 SF |
| Property Type | Retail (Condo) | Year Built | 1990 |
| Property Subtype | Storefront Retail/Residential | Tenancy | Single |
| Building Class | C | Lot Size | 0.02 AC |
| Floors | 3 |
| Total Building Size | 953 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 318 SF |
| Year Built | 1990 |
| Tenancy | Single |
| Lot Size | 0.02 AC |
1 UNIT AVAILABLE
Unit 26A
| Unit Size | 953 SF | Sale Type | Investment |
| Price | $186,535 | Tenure | Freehold |
| Price Per SF | $195.73 | Cap Rate | 9.12% |
| Condo Use | Retail | NOI | $17,011.98 |
| Unit Size | 953 SF |
| Price | $186,535 |
| Price Per SF | $195.73 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 9.12% |
| NOI | $17,011.98 |
DESCRIPTION
Internally, the accommodation comprises a front sales area, fully equipped commercial kitchen and food preparation area. To the rear the property has storage, WC compartment and an office space. There is also a fire exit.
SALE NOTES
Investment opportunity for sale. Our client is seeking offers in excess of £140,000 reflecting a NIY of 9.12%, assuming purchaser's costs of 1.80%.
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NEARBY MAJOR RETAILERS
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26A Hopetoun St
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