£40,000 Guide Price

21 South Street, Bo’ness, EH51 9HE

204063217

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4

days

7

hours

32

minutes

7

seconds

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4

days

7

hours

32

minutes

7

seconds

Type

Ownership

Occupation

Bedrooms

Council Tax

Available documents

Title
Tenancy agreement
Attractive Tenanted Commercial Opportunity

Details

Property Summary

  • 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.
Deposit & Fee Calculator

10%, minimum deposit £3,000

3% + VAT with a £4,000 minimum fee (inc VAT)

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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.

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Property Features

  • 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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