£100,000

Property for sale

  1.  Allied-Surveyors-Scotlsand-148 Main Street, East C
  2.  Allied-Surveyors-Scotlsand-148 Main Street, East C
  3.  Allied-Surveyors-Scotlsand-148 Main Street, East C

Offers over

£100,000

(£165.56/sq. ft)

Property for sale

Main Street, East Calder, Livingston EH53

604 sq. ft

Local area information

Property location

Nearby amenities

  • St Paul's Primary School 0.2 miles
  • East Calder Primary School 0.3 miles
  • Kirknewton 1.3 miles
  • Uphall 2.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • VAT free investment located in a thriving West Lothian village
  • Let to Reuse and Thrive until 28th February 2028
  • Located in the heart of the local community
  • Passing rent of £8,400 per annum
  • Offers over £100,000 reflecting a Net Initial Yield of 8.25%
The subjects comprise a retail premises of solid stone construction forming the ground floor of a two-storey building, contained beneath a pitched and slated roof. The upper floor is in residential use.
The accommodation provides a front retail area and separate storage room with a back office, kitchen and utility area to the rear.
Externally, to the rear of the property, is a small area of ground which could be utilised for storage. There is also planning consent for the erection of a garage.

Location

East Calder is a thriving and highly regarded village situated on the fringe of Livingston and is located approximately 10 miles west of Edinburgh city centre.
Popular with commuters to Edinburgh and Glasgow, the village benefits from access to the A71 providing comfortable access to Edinburgh, the M8 and wider motorway network.
The attractive main street forms the heart of the community and provides a wide range of everyday amenities, including convenience stores, a post office, medical and dental practices, a pharmacy, and a traditional village pub. Directly opposite the property is The Dave King Partnership Centre offering a wide range of community services.

Accommodation

According to our recent measurement survey the premises contain the following approximate net internal area:
56.13 sq m (604 sq ft)

Price

Our client is seeking offers over £100,000 reflecting a Net Initial Yield of 8.25% after standard purchaser costs of 1.8%.

Tenancy Details

The subjects are currently let to Reuse and Thrive (Registered Charity SCO49977) at a current passing rent of £8,400 per annum.
The lease has been extended on 1st March 2025 and is due to expire 28th February 2028 although either party can serve 3 months' notice at any time.
The lease allows annual open market rent reviews. We understand the review due as at 1st March 2026 is outstanding.

Tenure

Heritable (Scottish equivalent to English freehold).

Rateable Value

According to the Scottish Assessor's website () the subjects have a Rateable Value of £5,900 however this is due to increase to £6,800 effective 1st April 2026. The uniform business rate for the current year is £0.481 pence in the pound.
Occupiers may be eligible for 100% 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.

Utilities

The property is served by mains gas, electricity and water.

Energy Performance Certificate

The Energy Performance Certificate is pending.
A copy of the recommendation report is available on request.

Legal Costs

Each party shall bear their own legal costs with the eventual purchaser liable for any LBTT and VAT thereon.

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.

Entry

Upon completion of a formal missive under Scots Law.

Floor plans and tours

Floor plans (2)

Floor plan 1
Floor plan 2

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Allied Surveyors Scotland. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Allied Surveyors Scotland for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Lothian
  4. Livingston
  5. East Calder
  6. Main Street