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Prime Cafe Retail Premises , 68 Market Street, st Andrews, KY16 9NU

570 Sq Ft / Leisure

For Sale - £100,000.00

Available - Last updated: 05 October 2020

The subjects comprise a fully refurbished ground floor café unit which would be suitable for a variety of uses. The property is contained within a three storey mid terraced traditional building of stone and slate construction. Internally the accommodation comprises open plan seating area, serving deck and fully fitted kitchen. Catering for up to 22 covers would be possible.s

Location

The university town of St Andrews is situated on the north east coast of Fife approximately 25 km (15 miles) south of Dundee, 56 km (35 miles) east of Perth and circa 80 km (50 miles) north east of Edinburgh. The town has a resident population of some 25,000 persons which is boosted by an influx of approximately 8,000 students during term time. Additionally, St Andrews is known throughout the world as the Home of Golf and is an important historic town which ensures a healthy flow of tourists all year long. They occupy a prominent position on Market Street which is the prime retailing thoroughfare within the town.

Accommodation

We calculate the net floor area extends to approximately 53.27 sq m (574 sq ft).

Terms

RATEABLE VALUE £21,600

EPC Available on request.

TERMS Our client is seeking offers in the region of £100,000 for their leasehold interest to include the existing fit out and fixtures and fittings. Further details on application. The property is held on a full repairing and insuring lease at an annual rent of £30,000 per annum. Further details from agent.

VAT Prices are quoted exclusive of VAT.

LEGAL COSTS Each party to bear their own legal costs in connection with this transaction with the ingoing tenant being responsible for any registration dues and VAT thereon.

Specification

  • SUITABLE FOR VARIETY OF OTHER USES. 
  • NET INTERNAL AREA 53.27 SQ M (574 SQ FT). 
  • LEASE WITH 13 YEARS UNEXPIRED AT £30,000 PER ANNUM. 
  • LEASEHOLD INTEREST TO INCLUDE BENEFIT OF EXCEPTIONAL FIT OUT AND FIXTURES AND FITTINGS £100,000. 
  • WINNER OF BEST INTERIOR DESIGN AT DESIGN AWARDS 2020.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Combini Cafe For Sale £100,000.00 NA

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Contact agents

Jonathan Reid

Shepherd Commercial

01738 590065



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