The subjects comprise a an L shaped industrial building around a shared, surfaced parking/yard area. The building is of brick/block construction, rendered externally under a pitched roof clad in profile metal sheeting.
Location
Dunfermline is one of Fife’s principal centres of commerce, with a population of 55,000 and a catchment area exceeding 150,000 people. The city occupies a key location within Fife, situated several miles north of the Queensferry Crossing, the Forth Road and Rail Bridges and adjacent to the M90 motorway.
The property is located within Fife’s premier industrial location, Pitreavie Industrial Estate, located to the South of Dunfermline city centre and approximately 4 miles north of the Queensferry Crossing and Forth Bridges. The trading estate benefits from excellent transport links with the M90 motorway located immediately to the south.
The subjects occupy a prominent position on Gardeners Street, lying within the main Dunfermline City Centre. They are located just behind the Carnegie Retail Park which is home to Puregym, Matalan and B & Q. They front directly onto Gardeners Street and benefit from a range of operators nearby including C R Smtih and Taylor Sulliven Funeral Directors.
Accommodation
The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition,
Units A & B - showroom/office/warehouse - 708.85 sq m (7,630 sq ft)
Unit C - Vehicle repair garage - 267.67 sq m (2,881 sq ft)
Terms
LEASE DETAILS:
Kalopsia - 01/12/2021 - 5 year FRI - £42,000
Profix Auto Car Ltd - 5/04/2021 - 25 year FRI 5 yearly RR - £18,000
Total - £60,000
The tenant for units A & B is looking to vacate the premises however, remains in situ and paying rent until such time as a new occupier is found.
A purchaser is therefore in an excellent position to be receiving full rent until such time as a new, longer term lease can be agreed or, may benefit from full Vacant Possession of the unit if that is preferred.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request.
NON DOMESTIC RATES: According to the Scottish Assessors’ Association website, the subjects are noted to have Rateable Values as follows:-
A & B - £28,600.
C - £12,900
PRICE: Offers over £700,000 are invited for the benefit of our clients interest.
LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in this transaction.
VAT: All prices quoted are exclusive of VAT which is chargeable.
Specification
- Showroom premises and vehicle repair garage investment
- Prominent position within Dunfermline City Centre
- Exceptionally well presented throughout
- Units A & B can be bought with vacant possession if required
- Total passing rent of £60,000
- Offers over £700,000 invited