9-15 Main Street, Deans 9-15 Main Street, Deans, Livingston, EH54 8BE

1,321 sq ft
9-15 Main Street, Deans, Livingston - Picture 2024-03-12-16-39-16
Use Class

Use Class

E

Size

Size

1,321 sq ft

Price

Price

£340,000

CONVENIENCE STORE INVESTMENT

  • Extends to approximate net internal area of 1,321 sq ft (122.76 sq m)

  • Leased to Scottish Midland Co-operative Society Ltd

  • Recently extended 15-year term with tenant only break option at year 5 and 10, subject to 12-month notice

  • 5 yearly rent reviews CPI Linked, capped and collared at 1 & 3%

  • Rent of £25,000 per annum

  • Offers over £340,000 (three hundred forty thousand pounds sterling) are invited reflecting a 7.11% net initial yield after allowing for standard purchasers’ costs

Livingston is situated 18 miles from Edinburgh city centre and 31 miles to Glasgow city centre. Livingston has one of the fastest growing and youngest populations in Scotland. The town centre comprises the largest indoor shopping location in Scotland with The Centre and Livingston Designer Outlet drawing shoppers from across the country. The subject is located in the north of Livingston. The area benefits from great transport links and connectivity by road and rail with Livingston North station providing connections to Edinburgh and Glasgow.

Accommodation

1,321 Sq.Ft

Areas
Sq.Ft
Sq.M
Shop floor
988
91.8
Storage/Staff area
334
31

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 12/03/2024