DESCRIPTION
The subjects comprise retail premises arranged over the ground floor of a two-storey building of brick construction, rendered externally and contained under a flat roof.
The frontage is to Garvock Bank and comprises an aluminium glazed double entrance door together with full height aluminium glazed display windows. The frontage presents high profile signage opportunities.
Internally, the premises provide a main open plan retail area of approximately 163.6 sq m with a secure entry store/ATM just off. The staff/store room extends to approximately 52.92 sq m and is located to the rear of the main retail area with a DDA compliant WC and plant room facilities adjacent.
Location
Dunfermline is Fife’s largest town with a population of approximately 50,000 persons and an estimated catchment of around 150,000 people. It is situated 15 miles north of Edinburgh and is readily accessible via the M9, which is the principle link between the Forth Road Bridge and the north of Scotland.
The property is situated just off Garvock Bank on Mercer Place in the Touch area of Dunfermline. Halbeath Road, a principle route leading in and out of the town centre, is approximately 700 yards to the north. There is bus stop directly outside the property and off-street parking is available directly outside.
The eventual tenant will benefit from being located within a predominately residential district although there are a few commercial units nearby. Touch Primary School and Lyneburn Industrial Estate are within a few hundred yards of the property.
Accommodation
According to our recent measurement survey the premises contain the following approximate net internal area:
249 sq m (2,677 sq ft)
Terms
RENT
An initial rent of £20,000 per annum is sought to grant a new lease.
LEASE TERMS
The subjects are made available on the basis of a new full repairing and insuring (FRI) lease for a term to be negotiated.
Specification
TOWN PLANNING
We understand the premises are suitable for class 1 and class 2 uses and, apart from a convenience store, may suit operators such as dentists, pharmacy, vets. Interested parties should make enquiries to the planning department of Fife Council.
RATEABLE VALUE
According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £26,000 effective 1st April 2017. The uniform business rate for the current year is £0.49 pence in the pound.
Occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
UTILITIES
The property is served by mains electricity and water. There is a gas connection but there is no meter.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is G.
A copy of the recommendation report is available on request.
LEGAL COSTS
Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.
ENTRY
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, Allied Surveyors Scotland plc.