The subjects comprise two ground floor retail premises suitable for a variety of occupiers. Both properties have front sales area with rear kitchen accommodation.
St. Andrews Waffle Co. has previously been used as a coffee shop and Grab n Go benefits from Class 3 (Hot Food Takeaway) consent. Any planning enquiries should be made to the local planning department.
Location
St. Andrews is located on the east coast of Fife approximately 13 miles south of Dundee and 50 miles north of Edinburgh. The town has a population of 16,680 persons with a wider catchment population. Home to one of the oldest Universities in the UK with a student population in excess of 7,000 the town also benefits from substantial year round golf and tourist trade.
The subjects occupy a prominent trading position on South Street. Nearby occupiers include Oxfam, Brew Dog, Rohan and I.J. Mellis.
Accommodation
St. Andrews Waffle Co. - 775 sq ft
Grab n Go - 515 sq ft
Terms
RATEABLE VALUES
St. Andrews Waffle Co. - £XXX
Grab n Go - £XXX
LEASES
St. Andrews Waffle Co. has a full repairing lease expiring 23/03/2035, subject to tenant breaks in March 2025 and 2030. The current rent is £XXX per annum.
Grab n Go has a full repairing and insuring lease expiring 14/02/2042. The current rent is £XXX per annum, subject to a fixed uplift to £XXX per annum in December 2021.
TERMS
Premium offers are sought for both leases. They are available together or separately.
LEGAL COSTS
Each party will be responsible for their own legal costs. Any ingoing tenant or purchaser will be responsible for any LBTT, Registration dues and VAT thereon.
VAT
All prices are quoted exclusive of VAT.