Town Centre Former Bank
Busy Locale
Ground & Basement
3,151sq ft
V.A.T Free
5 Dedicated Parking Spaces
Rent: £16,000p.a.
Sale: o/o £145,000
Location
The property is located in Cupar, a busy market town situated on the A91 trunk route in the north east of Fife close to St. Andrews. The subjects are located in a prime retail location within the town close to WH Smith, Nationwide Building Society, Boots and several coffee shops and boutique bakeries. The town is well served by bus routes and benefits from rail connection to Edinburgh. There are several car parks around the town centre along with ample on street parking available.
Property
The property comprises ground and basement floors within a traditional stone built terraced property surmounted y a pitched roof, in addition to a more modern concrete frame, the property benefits from a flat roof extension to the rear.
The ground floor is a long and reasonably shaped unit providing the vast majority of the accommodation with a small basement providing a staff room, kitchen, toilets and other storage facilities. To the rear of the building, there is a small private car parking area providing 5 spaces.
The property currently benefits from a Class 2 (Office / Professional) consent, however may lend itself to change of use to Class 1 (Retail) or hot food consent.
Area
The property has been measured on a net internal area basis and calculated to extend to the following floor area;
Ground: 276.35sqm (2,975sq ft)
Bsm: 16.38sqm (176sq ft)
Total: 292.73sqm (3,151sq ft)
Rateable Value
£21,300
Rent
The property is available on anew full repairing and insuring head lease for a negotiable term for £16,000p.a.
Sale
Our client would dispose of their freehold interest for o/o £145,000
V.A.T
We understand the property has not been elected for V.A.T.
E.P.C.
Available on request
Title
Available on request
Legal
Each party shall bear their own legal costs incurred in the transaction
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.