Offers over
£100,000
(£165.56/sq. ft)
Property for saleMain Street, East Calder, Livingston EH53
604 sq. ft
About this property
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.
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.
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