Lot 102m

Guide Price: £65,000 - Bid Now

11 George Street, Bathgate, West Lothian, EH48 1PH


Key Features:

Rarely Available Attractively Presented retail unit that previously traded as a Tobacconists. This Commercial Premises is Located within a Highly Populated Area of the Popular Town of Bathgate and is Offered with Full Vacant Posession


  • The Property is an Excellent Investment Opportunity and has a Rental Potential of £14,000 per annum giving a Strong yield of 21% if purchased at the Guide price. Located in a Sought After Area. Rateable Value- £8,600
  • Excellent Location in the Precinct of Bathgate with an Extremely High Footfall and across from Big High Street names such as Boots, Semi Chem, Subway and Bank Santander
  • The Property is 42.18 Square metres (454 Square Feet) The Property Comprises: Front Shop Area (25.54 sq/m), Staff/Store Area (6.49 sq/m), WC (2.31 sq/m), Stock Area (2.00 sq/m) and Storage Area (5.84 sq/m)
  • Ideally Located within a Highly Populated Area of Bathgate in West Lothian to Attract an Extensive Client Base for any Small Business - Premises Suitable for Small Business Rates Relief

Description:

Rarely Available Attractively Presented retail unit that previously traded as a Tobacconists. This Commercial Premises is Located within a Highly Populated Area of the Popular Town of Bathgate and is Offered with Full Vacant Posession. The Property is 42.18 Square metres (454 Square Feet) The Property Comprises: Front Shop Area (25.54 sq/m), Staff/Store Area (6.49 sq/m), WC (2.31 sq/m), Stock Area (2.00 sq/m) and Storage Area (5.84 sq/m). The Property is an Excellent Investment Opportunity and has a Rental Potential of £14,000 per annum giving a Strong yield of 14% if purchased at the Guide price. Located in a Sought After Area. Rateable Value- £8,600. Excellent Location in the Precinct of Bathgate with an Extremely High Footfall and across from Big High Street names such as Boots, Semi Chem, Subway and Bank Santander. Ideally Located within a Highly Populated Area of Bathgate in West Lothian to Attract an Extensive Client Base for any Small Business - Premises Suitable for Small Business Rates Relief.

Location:


Bathgate is a traditional town offering an impressive mix of shops, bars and restaurants, a 24 hour Tesco, Morrisons, and many other amenities including a golf course, sports centre, swimming pool, tennis courts and parks for keen walkers and cyclists. Bathgate is within easy commuting distance of Edinburgh and Glasgow. There is a centrally located railway station which provides a regular service to Edinburgh and Glasgow City Centres. There are excellent links to both the M8 and M9 motorways.

Rateable Value:


CLICK HERE to visit the Scottish Assessors Association Website & automatically search this property's postcode for values. The Scottish Assessors’ Portal provides details of Council Tax Bands and Rateable Values for all properties in Scotland.

Ownership & Occupation:


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.

Guide Price: £65,000 - Bid Now


Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set no more than 10% above or below the advertised guide price.

Bid Now Explained:


You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.











Internal Open Viewings:


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime:


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.


















Offer Now:

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person:

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live:

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy: (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form







  • Auction Date:

    01 August 2018


  • Start Time:

    7.00pm


  • Auction Location:

  • Edinburgh Marriott Hotel

  • 111 Glasgow Road, EH12 8NF


Directions:


View a Map & Directions to the Auction Venue.
Glasgow Radisson | Edinburgh Marriott


Registration:

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs:

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits:

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method:

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.