Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

Shorehead Café, 2 Shops & Flat Investment, 1-5 Shorehead, Leven, KY8 4NR

3,353 Sq Ft / Retail / General Retail

For Sale - £375,000.00

Available - Last updated: 18 January 2021

All of the properties are contained within a two storey corner building of traditional stone construction under a pitched and tiled roof. Shorehead Café and the adjacent Fruit/Veg units have main frontages to Shorehead with the café also benefitting from a return frontage to High Street; the Salon premises also front directly on High Street

Location

Leven is an expanding central Fife town situated on the north bank of the Firth of Forth some 10 miles north-east from Kirkcaldy. The town is the main commercial centre for the Levenmouth area which comprises a range of smaller towns and villages including Buckhaven, Methill, Kennoway and Windygates.

The subjects occupy a prominent corner building situated off the north side of Shorehead at its junction with Leven High Street. There is excellent provision of car parking facilities directly outside and nearby businesses include Farmfoods, Peacocks and Boots. This is an excellent trading position at the southern entrance to the pedestrianised section of High Street with Superdrug and New Look lying a short distance to the north.

Accommodation

1. Shorehead Café, No 1 Shorehead (130 sq. m / 1,400 sq. ft)

Ground Floor – Main Café and Servery, Preparation, Inner Seating and Kitchen/Store. First Floor – Upper Landing and Toilets.

2. Fruit/Veg Shop, No 5 Shorehead (58 sq. m / 625 sq. ft)

Ground Floor – Retail Shop, Rear Preparation and Store.

3. Salon, No 7 High Street (17 sq. m / 183 sq. ft)

Ground Floor – Salon

First Floor – Upper Landing and Toilets

4. Flat, No 3 Shorehead (106 sq. m / 1,145 sq. ft)

Ground Floor – Entrance Vestibule and Stair First Floor – Landing, Sitting Room, Living Room, 3 Bedrooms, Office/ Store, Kitchen and Shower Apartment.

At the present time the properties, including the upper floor flat, are interlinked to an extent however it should be possible to create 3/4 separate shop units with a self-contained flat above.

Terms

RATING ASSESSMENT: By reference to the Scottish Assessors’ Association website (www. saa.gov.uk) the various subjects are entered in the current Valuation Roll as follows: Rateable Value Shorehead Café £18,000 Fruit/Veg Shop £8,900 Salon £4,050 The Upper Floor Flat is entered on the Council Tax list at Band B.

LEASE DETAILS:  Both the Fruit/Veg Shop and Salon are currently occupied under short term lease agreements and currently produce a (historical) rental income of around £10,150 per annum.

GENERAL REMARKS: Shorehead Café, while no longer trading, had operated successfully over many years and is a landmark building in the town now offering potential to re-establish a hot food carryout facility or alternatively the entire building offers scope for further development.

PRICE: Offers in excess of £375,000 are invited.

ENERGY PERFORMANCE CERTIFICATE: A copy of the Energy Performance Certificates (EPCs) are available on request

VAT: All prices quoted are exclusive of VAT.

LEGAL COSTS: Each party will be responsible for their own legal costs incurred in this transaction.

Specification

  • Landmark building in prominent town centre location
  • Adjacent to Bus Terminal
  • Whole block with Café, 2 Shops and Flat above
  • Part income producing
  • Excellent investment/development opportunity
  • Capable of sub-division and multi occupation
  • Price – offers in excess of £375,000

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in excess of For Sale Freehold £375,000.00 NA

Email me updates about similar new properties


Show similar properties

Contact agents

Jim Honeyman

DM Hall

01382 604061



Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks, your enquiry has been sent to the agent

In response to the boxes you ticked, we'd like to send you emails about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.