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17 George Place, Bathgate, EH48 1NX

£195,000

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Restaurant

Commercial

17 George Place, Bathgate, EH48 1NX

Rare Commercial Unit

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How to buy at auction

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Deadline for offers

6 days left

Description

  • PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Bathgate.

  • This commercial unit is situated in a prime location, offering a fantastic opportunity to add significant value. The property benefits from exceptional footfall and potential passing trade, making it ideal for commercial use. The prospect for rental and capital growth upside is immense.

  • While the property requires full renovation, it holds massive potential for development. With ample space, it presents an opportunity to explore the conversion from commercial to residential, subject to planning permission. This transformation promises significant capital growth.

  • The property comes with the option to accept a 5-year Full Repairing and Insuring (FRI) lease, with the potential to extend and a first right to buy at £25,000 per annum. Spanning 418.89 square metres, it offers great rental income potential, presenting an exciting opportunity for investors.

  • The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

PRIME NEW LISTING. We are excited to present this vacant commercial unit located in a prime location in Bathgate.

The property comprises an inviting entrance, a spacious main floor area, three bathroom/toilet areas, three additional well-proportioned rooms, and ample storage throughout.

This commercial unit is situated in a prime location, offering a fantastic opportunity to add significant value. The property benefits from exceptional footfall and potential passing trade, making it ideal for commercial use. The prospect for rental and capital growth upside is immense.

While the property requires full renovation, it holds massive potential for development. With ample space, it presents an opportunity to explore the conversion from commercial to residential, subject to planning permission. This transformation promises significant capital growth.

The property comes with the option to accept a 5-year Full Repairing and Insuring (FRI) lease, with the potential to extend and a first right to buy at £25,000 per annum. Spanning 418.89 square metres, it offers great rental income potential, presenting an exciting opportunity for investors.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Bathgate is a vibrant town located in West Lothian, Scotland. Known for its rich history and community spirit, Bathgate boasts a variety of shops, restaurants, and cultural venues. With excellent transport links to Edinburgh and Glasgow, it’s a desirable location for both businesses and residents.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£26,520

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.