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PRICE CHANGE - TO LET / MAY SELL, 17-18 Kinclaven Gardens, Glenrothes, KY7 4UR

1,720 Sq Ft / Other

For Sale - £130,000.00

To Let - £12,000.00 per annum

Available - Last updated: 22 November 2019

• Former childrens’ nursery in desirable Finglassie district
• May now suit other uses such as retail or leisure
• Situated in modern mixed-use development
• Potential to sub-divide the premises
• 160 sq m (1,720 sq ft)

DESCRIPTION
 
The subjects are configured over the ground floor of a modern three storey building with residential units to the upper floors.
 
The property comprises a reception area, office and two large rooms of approximately 49 sq m (527 sq ft) each.  These rooms both benefit from having 4 metres of windows to the front providing plenty of natural daylight. 
 
In addition, there is a fully fitted kitchen and toilet cubicles for the previous nursery use, plus a further WC which is DDA compliant.  Parking is provided directly outside the property.

Location

Glenrothes is a former New Town located in central Fife with a population of approximately 40,000.  It is the administrative centre for the region and is situated just off the A92 with excellent road and rail links.
 
It is thirty miles north of Edinburgh and thirty miles south of Dundee.  The Queensferry Crossing is approximately twenty miles south via the M90.
 
Kinclaven Gardens is situated a short distance to the south of Glenrothes town centre.  The commercial premises, including a McColls and several hot food takeaways, serve Finglassie which is a desirable residential suburb.

Accommodation

According to our recent measurement survey the premises contain the following approximate net internal area:
 
160 sq m (1,720 sq ft)

Terms

LEASE TERMS
 
The subjects are made available on the basis of a new full repairing and insuring (FRI) lease for a term to be negotiated.

 

RENT
 
Our client is seeking £12,000 per annum to grant a new lease.

 

PRICE
 
Our client will also consider selling their heritable interest in the property seeking offers of £130,000.

Specification

RATEABLE VALUE
 
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £11,100 effective 1st April 2017. The uniform business rate for the current year is 46.6 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 rating is available on request.
 
LEGAL COSTS
 
Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.
 
ENTRY
 
Upon completion of a formal missive under Scots Law.
 
VIEWING AND FURTHER INFORMATION
 
By appointment through the sole letting agent, Allied Surveyors Scotland plc.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Former Childrens' Nursery For Sale Freehold £130,000.00 NA
Former Childrens' Nursery To Let £12,000.00 per annum

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Contact agents

Iain Mercer

Allied Surveyors Scotland

0131 610 0675



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