OPENING BID

Timed Online Auction

07 October 2021, 10am-3pm

Bidding Closes in

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address:  Rashiehill Terrace, Breich, West Lothian, EH55 8JF

LARGE RETAIL UNIT IN OUTSTANDING LOCATION** recently refurbished newsagent with Alcohol Sales license on busy A71 road serving the village of Breich.

Realistic rent for area 500pcm giving an annual income of 6,000 and providing a SUPERB YIELD OF OVER 9%

**ZERO BUSINESS RATES**- Property qualifies for zero rates- sure to attract interest from a number of parties. RV- 3.050

**SOLE RETAILER IN THE VILLAGE** Village currently not served by any trading retailer. Huge potential to serve the local community as well as benefit from all passing trade.

Breich is a village lying in the western part of West Lothian, Scotland. It lies on the A71, the Edinburgh to Ayrshire road, which also goes to the large town of Livingston 7 miles to the east.

LARGE RETAIL UNIT IN OUTSTANDING LOCATION** recently refurbished newsagent with Alcohol Sales license on busy A71 road serving the village of Breich. . Property has recently benefited from a new roof being fitted and could be traded from immediately. As well as the large front shop there is also a good sized store room and functioning toilet to the rear. Realistic rent for area 500pcm giving an annual income of 6,000 and providing a SUPERB YIELD OF OVER 9% **ZERO BUSINESS RATES**- Property qualifies for zero rates- sure to attract interest from a number of parties. RV- 3.050 **SOLE RETAILER IN THE VILLAGE** Village currently not served by any trading retailer. Huge potential to serve the local community as well as benefit from all passing trade.

Breich is a village lying in the western part of West Lothian, Scotland. It lies on the A71, the Edinburgh to Ayrshire road, which also goes to the large town of Livingston 7 miles to the east. It is situated at the junction of the A706, to Lanark, Bathgate and Linlithgow.

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Location

Pricing Information & Bidding

Opening Bid: £40,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 07 October 2021, 10am-3pm
Type: Timed Online Auction

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