Property Description
The subject comprises a former depot for West Lothian Council’s landscaping department. It includes offices, garages and stores arranged around a central yard with a secure fence around.
The buildings are all single storey and of steel frame construction with brick infill. Access to the garages and stores are a mixture of up and over roller shutters and sliding metal doors.
The roofs are pitched and originally asbestos sheeting but appear to have been overclad in an insulated metal profile with other infrastructure upgrades carried out.
We understand there are storage tanks beneath the yard so we can assume the site is contaminated land.
Location
Bathgate is located in West Lothian and is situated approximately 2.5 miles from junction 3A and 4 of the M8 providing excellent accessibility to Glasgow (27 miles) and Edinburgh (20 miles).
The subjects are situated to the north of the town centre on Waverley Street which connects Mill Road with Torphichen Road. The area is well served by public transport and local amenities.
The surrounding properties are predominately residential in nature. However, Waverley Industrial Estate is directly opposite the site.
Further Information
Accommodation
According to our recent measurement survey the premises contain the following approximate gross internal areas:
|
SQ M |
SQ FT |
|
|
|
|
|
|
Offices |
424 |
4,563 |
Garages |
366 |
3,939 |
Stores |
322 |
3,465 |
Total |
1,112 |
11,970 |
The total site area extends to approximately 0.31 Ha (0.77 acres).
Price
Our client is seeking offers over £200,000 ex VAT with unconditional offers preferred.
Tenure
Heritable (Scottish equivalent of English freehold).
Town Planning
We understand the property is currently considered to be a Depot falling under Use Class 5 (General Industrial) of the Town and Country Planning (Use Classes) (Scotland) Order 1997.
Interested parties who are considering alternative uses are invited to make their own enquiries with the planning department of West Lothian Council.
Utilities
The site is served by mains gas, three-phase electricity and water.
Rateable Value
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £59,700. The uniform business rate for an Intermediate Property Rate is £0.545 pence in the pound.
Occupiers may be eligible for rates relief through the small business bonus scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
Energy Performance Certificate
A copy of the recommendation report is available on request.
Anti-Money Laundering
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.
Legal Costs
Each party shall bear their own legal costs with the eventual purchaser liable for any Land and Building Transaction Tax (LBTT), VAT and Registration Dues.
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