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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

SUPERB TENANTED INVESTMENT OPPORTUNITY refurbished Commercial Unit now let. located approximately 9 miles from Edinburgh. PROVIDES £1000pcm an excellent income of £12,000 per annum. EXCELLENT YIELD.

The property is currently let at £1000 per calendar month on a 18-month lease. Excellent opportunity investment likely to attract a lot of interest and would suit a shrew investor.

The property has undergone significant improvements, including painting the whole building inside out , new walls with plywood and as well as upgraded electrical wiring and lighting fixtures.

Additionally, roof repairs have been addressed and reinforced the structural integrity of the building, and secured the building with new concrete base and updated drainage system.

Close to local amenities, transport links. Seldom Available Auction Property in prime locale. Broxburn, a popular West Lothian town is approximately 9 miles west of the Edinburgh City Centre.

SUPERB TENANTED INVESTMENT OPPORTUNITY refurbished Commercial Unit now let. located approximately 9 miles from Edinburgh. PROVIDES £1000pcm an excellent income of £12,000 per annum. EXCELLENT YIELD. The property is currently let at £1000 per calendar month on a 18-month lease. Excellent opportunity investment likely to attract a lot of interest and would suit a shrew investor. The property has undergone significant improvements, including painting the whole building inside out , new walls with plywood and as well as upgraded electrical wiring and lighting fixtures. Additionally, roof repairs have been addressed and reinforced the structural integrity of the building, and secured the building with new concrete base and updated drainage system.

Close to local amenities, transport links. Seldom Available Auction Property in prime locale. Broxburn, a popular West Lothian town is approximately 9 miles west of the Edinburgh City Centre. The Almondvale centre, the Designer Outlet Centre and the new Elements Centre are all just a short drive away in Livingston. Broxburn has four schools, all state funded, Broxburn Primary, Kirkhill Primary, St. Nicholas Roman Catholic Primary and Broxburn Academy. Broxburn Academy is one of the top state academies in Scotland; with its well regarded Science and Maths departments. As a commuter town serving the M8 corridor into Edinburgh and the industrial areas of Livingston, Broxburn has seen a recent increase in immigration, especially from outside Scotland.

Full Address: 9 Station Road, Broxburn, West Lothian, EH52 5QN

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 18 months from 1st May 2024
Rent: £12,000 per year / £1,000 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Guide Price: £120,000


What is a Guide Price... 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 prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 24 October 2024, 3pm
Type: Deadline for Offers

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