The subjects comprise a ground floor shop unit, forming part of a 2 ½ storey mid terraced building with two storey outshoot to the rear.
The property is of traditional stone construction, with pitched slate roof over to the front and pan tiled roof cover to the rear projection.
Internally the accommodation comprises an open plan sales area with associated rear retail area and offices and stores.
Location
Cupar which has a population of some 8,500 persons (Source: Fife Council) is one of the principal towns within Fife and is positioned approximately 16 kilometres (10 miles) west of St Andrews, 24 kilometres (15 miles) south east of Dundee and 70 Kilometres (44 miles) north west of Edinburgh.
Cupar is historically a market town and is occupied by a number of local and national businesses.
The town sits on the A91 trunk road which links Stirling and St Andrews and benefits from access to the main east coast national rail network linking London and Aberdeen.
The town is home to two primary schools and one secondary school as well as Elmwood College.
The property is centrally located within Cupar on the north side of Bonnygate in a busy area of the town.
On street car parking is available within the vicinity.
Accommodation
We calculate the net floor area extends to 162.70 sq.m. (1,750 sq.ft.) or thereby comprising Front Retail, Rear Retail, Office, Stores and W.C. Facilities.
Terms
RATEABLE VALUE - The subjects have been assessed for rating purposes at a Rateable Value of £XXX
The unified business rate for 2019/2020 financial year is XXX.
The property therefore qualifies for 100% rates relief.
ENERGY PERFORMANCE CERTIFICATE - Awaiting further details.
TERMS - Our client is inviting offers in the region of £XXX for their heritable interest.
Alternatively offers to lease the property at an annual rent of £XXX will be considered.
Should any interested party wish to continue the existing business our client will consider disposal of the property with the associated business.
VAT - Prices are quoted exclusive of VAT (if applicable).
Specification
- Substantial retail property within central location.
- Potential to acquire and continue existing hardware and ironmonger business.
- Also suitable for variety of uses.
- 100% rates relief available.
- Rental offers of £XXX per annum.
- Sale price - £XXX