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

Availability

For Sale

Price

£340,000

Description

CONVENIENCE STORE INVESTMENT

Location

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.

Key Points

  • 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

Size

1,321 sq ft (122.00 sq m)

Accommodation

Area sq ft sq m
Shop floor 988.00 91.80
Storage/Staff area 334.00 31.00