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Guide price
£40,000

Retail property (out of town) for sale

South Street, Bo'ness EH51
Virtual tour
Auction
Retail property (out of town)
Added > 14 days

Features and description

  • Tenure: Freehold
  • Prime Property Auctions New Entry. Great sized commercial unit set in a busy street in Bo'ness. Rental potential of £5,000 - £6,000 per annum!
  • Sure to appeal to a variety of buyers. Would suit an owner occupier or a commercial landlord looking for an easily lettable commercial property.
  • Large premises that extends to approximately 37 metres squared and has a rateable value of £4,350, which fall into the small business rates relief.
  • Property is currently tenanted at £540 p/m (£6,480 p/a) on a secure 10 year lease. This would provide an excellent 16% gross yield if achieved for the guide price of £40,000. 
  • Property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment.

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  • Prime Property Auctions New Entry. Great sized commercial unit set in a busy street in Bo'ness. Rental potential of £5,000 - £6,000 per annum!
  • Sure to appeal to commercial landlord looking for a high yielding, turnkey commercial property. *HIGH YIELD* 
  • Large premises that extends to approximately 37 metres squared and has a rateable value of £4,350, which fall into the small business rates relief.
  • Property is currently tenanted at £540 p/m (£6,480 p/a) on a secure 10 year lease. This would provide an excellent 16% gross yield if achieved for the guide price of £40,000. 
  • Property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment.

 

Prime Property Auctions New Entry. Great sized commercial unit set in a busy street in Bo'ness. Rental potential of £5,000 - £6,000 per annum.

 

Property was previously used as a sandwich shop/café. The property would lend itself to a variety of uses, such as office, shop unit, café or more. There could be potential to run as a hot food takeaway (subject to researching and gaining the necessary consents.

 

 

The property has a current rateable value of £4,350 and extends to approximately 37 metres squared. Property comprises: open plan service area, kitchen area and a W/C to the rear. The property would command a rental value of £5,000 - £6,000 per annum, making it an attractive investment opportunity if achieved for the Guide Price of £45,000.

 

 

 

Would suit an owner occupier or a commercial landlord looking for an easily lettable commercial property.

 

 

 

The property has been recently refurbished and is offered in great order. Once let the expected rental yield would be 11% - 13% if achieved for Guide Price of £45,000.

 

 

 

Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.

 

 

 

Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.

 

 

 

Location:

 

The expanding town of Bo'ness has amenities to meet every day needs, including schools at both Primary and Secondary levels located within walking distance. Attractions in the town include the Bo'ness & Kinneil Railway, Kinneil House, Hippodrome art deco cinema and Antonine wall. Bo'ness is also ideally placed for the commuter with major access roads allowing ease of movement outwith the area. It is also worth noting the proximity to Linlithgow, which provides additional shopping and recreational facilities and a railway station with regular services to Edinburgh, Glasgow and beyond.
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About this agent

Prime Property Auctions - Glasgow
Prime Property Auctions - Glasgow
100 West Regent Street Glasgow G2 2QD
0141 376 8640
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Prime is an innovative online auction house specialising in selling property within 28 days all over the UK. You set the price, no upfront costs and no sale, no fee.
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