Warehouse/Storage premises contained on the ground floor of a two storey traditional brick/block building. Access is via a shared ground floor entrance plus a separate “up and over” service door.
Location
St Andrews, an historic town and tourist destination, is host to Scotland’s oldest University which is held in high academic regard throughout the country. The town is, however, best known as the “Home of Golf” enjoying a strong international reputation and appeal.
The resident population is around 14,000 this being greatly boosted by University staff and student numbers of almost 9,000 and by both UK and international tourists who visit throughout the year. In addition, the town also serves an extensive catchment area in rural north-east Fife. There are good communication links by road to Edinburgh, Perth and Dundee with a mainline station at nearby Leuchars.
The subjects occupy a prominent roadside location on a main arterial route through St Andrews. Nearby occupiers include Marks & Spencer, Plumb Centre and Aldi.
Accommodation
The total internal floor area extends to around 288 sq m (3,100 sq ft) with the main accommodation as follows:-
Ground Floor - Shared Entrance Hall, Shared Disabled Toilet, 5 Storage Units, Dispatch & Loading Bay.
First Floor - Shared Kitchen and Toilets.
Terms
ENERGEY PERFORMANCE RATING - A copy of the Energy Performance Certificate will be made available to interested parties.
LEASE TERMS - Our client seeks a longer lease but will be flexible in approach to lease terms.
RENTAL - An initial rental in the region of £18,000 per annum exclusive is anticipated.
ASSESSMENT - We have consulted the Fife Assessor’s website (www.saa.gov.uk) and note that the premises are entered in the current Valuation Roll as follows:
Rateable Value: £12,800
The Uniform Business Rate for the financial year 2016/2017 is XXX.
Under existing legislation a new occupier has the right to appeal against an assessment. Small Business Relief may be available this should checked with Fife Council.
OFFERS - Prospective tenants should agree the main Heads of Lease in writing with the Marketing Agents and thereafter our clients’ solicitors will issue formal lease documentation.
GENERAL REMARKS - These premises occupy an established position within St Andrews with a good mix of Retail, Trade Counters and Residential properties nearby. The premises would be ideal as a base for a wholesale or internet business. Alternatively, it may be possible to convert to Office or similar uses subject to obtaining the necessary consents.
Specification
- Prominent Roadside Position
- Situated on main arterial route through St Andrews
- Immediate Entry Available
- Potential for Office conversion
- Gross Internal Area 288 sq m (3,100 sq ft)
- Rental – Offers in the region of £18,000 per annum