The site extends to approximately 1.6 acres and slopes slightly from north to south. The majority of the site has a large traditional warehouse which currently operates as a retail unit. Fronting Links Street is a traditional stone constructed retail parade comprising 3 retail units. There are a further approximately 20 storage containers which are used for a mix of storage and pop up retail uses.
( Agency Pilot Software ref: 53005 )
Location
Kirkcaldy is the second largest down in Fife situated on the north banks of the Firth of Forth approximately 12 miles directly north of Edinburgh and 30 miles to the south west of Dundee. With an estimated population of some 50,000, the town is a major service centre for central and East Fife and offers a leisure centre, theatre, museum, art gallery, three public parks and an ice rink. The neighbouring town of Glenrothes is home to Fife Councils HQ which provides high levels of employment.
More specifically, the site is bounded by Links Street to the north, Heggies Wynd to the east, Fergus Wynd to the west and The Esplanade to the south. The surrounding area offers a complimentary blend of commercial and residential uses with the major supermarket chains Morrisons and Lidl within a short walking distance. The site is bounded by a private members Gym (Gym 64), a car dealership and The Philp Hall which is a local community centre.
Accommodation
Retail Parade – 360 sqm (3,875 sqft )
Total - 2,604 sqm ( 28,029 sqft )
Terms
TENANCIES There are numerous informal short leases licenses over the retail parade and storage containers.
RATEABLE VALUE According the Scottish Assessors Website, the subjects have a rateable value of £19,800.
PLANNING The site is unallocated within the FifePlan (2017). However, it is within the Settlement Boundary of Kirkcaldy. Any proposals for redevelopment must comply with the relevant polices of the FifePlan (2017) and National Planning Framework 4. Interested parties should discuss their proposals directly with Fife Councils planning department.
METHOD OF SALE We are instructed to seek offers conditional on title only subject to vacant possession either with or without the storage containers. Offers subject to planning might be considered subject to reviewing the interested parties developments proposals and their compliance with development policy. The vendor may consider accepting clean offers which are subject to a short term lease back, for a negotiable duration, at a rent to be agreed between both parties.
PRICE Offers are Invited for our clients Outright Heritable Interest (Scottish equivalent to English Freehold).
EPC Can be provided on request.
VAT & LEGAL COST All figures are exclusive of VAT which may be charged at the prevailing rate. Each party to bear their own legal costs. The purchaser will be liable for LBTT and registration dues.