BATHGATE
LEYLAND ROAD, EH48 2HG
Project Overview
Development of a new neighbourhood retail centre anchored by Tesco Stores Limited within Persimmons completed Wester Inch residential scheme.
Investment Highlights
Prominently located on Leyland Road, within the heart of Wester Inch, a substantial residential development comprising approximately 2,000 new homes.
Further development planned on site, including 88 additional houses and a 15 unit apartment block, on site in 2026.
Adjoining retail parade forward sold.
Brand new convenience store extending to approximately 4,370 sq ft (406.14M2) , together with 13 on-site car parking spaces.
Let to the unrivalled covenant of Tesco Stores Limited, the UK’s largest supermarket chain by market share, alongside Zest ECO, InPost, and Royal Mail lockers.
Tesco Stores Limited turnover of £50.84 billion for the year ending February 2025, up from £49.25 billion in February 2024
Benefit of a new, unbroken 15-year FRI lease to Tesco Stores Limited.
Rent commencement: September 2026.
Total initial combined rental income of £128,600 per annum.
Tesco Stores Ltd - £120,000
Zest Eco - £6,000
InPost Lockers - £1,600
Royal Mail Lockers - £1,000
Start on Site March 2026
Anticipated Completion Date September 2026
Price £2,300,000
Yield 5.25 % (after 6.41% costs)