The subjects comprise a range of commercial buildings used for retail, workshop and storage. The buildings are predominantly of brick construction with a mix of roof covers. In addition to the above there is forecourt and open storage yard areas
Location
Kinross is a former market town adjacent to the M90 motorway and as such provides good access to Edinburgh, Glasgow, Dundee and Perth. The town lies approximately equidistant between Dunfermline and Perth and has a population in the region of 5,000 persons. Kinross is a popular residential location and is principally a commuter town with bus links to other major towns and cities and a Park and Ride service to Edinburgh. Most essential medical, educational, bank and shopping facilities are available within the town. The subjects are located on High Street the main thoroughfare within the town occupying a mixed residential and commercial location.
Accommodation
The total site area extends to around 0.7 acres.
Terms
The current tenants are in occupation on short term lease agreements. Further details can be provided. Rateable Value The premises are individually assessed for rating purposes with all buildings falling under the 100% rates threshold.
Terms Our client is inviting offers in excess of £345,000 for their heritable interest.
Planning All interested parties should make their own enquiries with the local planning authority.
Energy Performance Certificate N/A
VAT All figures are quoted exclusive of VAT.
Legal Costs Each party will bear their own legal costs in connection with the sale of the property
Specification
- Range of buildings and yards currently producing income of around £44,000 p.a
- Site area circa 0.7 acres.
- Short term tenancies but potential to generate secure investment opportunity.
- Potential for commercial or residential development subject to planning.
- Offers over £345,000