Well-presented shop premises contained on the ground floor of a three storey mid terrace building of traditional stone and slate construction.
Location
Cupar is a former market town in north-east Fife having a resident population of around 9,000 but which also serves as a centre for a large rural hinterland. The busy town centre contains a mixed range of commercial businesses with established industrial and business users located within business parks and industrial estates on the eastern outskirts of the town.
Cupar lies approximately 15 miles north-east from Glenrothes, the main administrative and commercial centre for the area, while the historic university town of St Andrews is some 9 miles due east. The cities of Perth and Dundee are also within convenient travelling distance while the town also benefits from a mainline railway station together with good road links which provide easy access to the Central Scotland motorway network.
The premises are situated off the west side of Crossgate a short distance south from its junction with The Cross within the main town centre. This part of Crossgate forms the prime retailing section of the town with a heavy footfall and a considerable volume of passing traffic. Nearby occupiers include Semi-Chem, WH Smith, Specsavers and Fisher & Donaldson.
Accommodation
The gross internal area extends to some 85.50 sq m (920 sq ft) with the internal accommodation as follows:-
Ground floor - Retail/Sales, Inner Sales, Toilet, Hall, Kitchen/Staff Room and Rear Store.
In addition to the main accommodation two external stores are provided to the rear.
Terms
ASSESSMENT - We have visited the Fife Assessor’s website (www.saa..gove.uk) and note that the premises are entered in the current Valuation Roll as follows:-
Rateable Value: £XXX
The Uniform Business Rate (UBR) for the financial year 2019/2020 is £XXXp
Small Business Relief may be available and this should be checked with Fife Council.
ENERGY PERFORMANCE - A copy of the Energy Performance Certificate (EPC) for the subjects will be made available.
LEASE TERMS - Our client seeks a longer lease but will be flexible in approach to lease terms.
RENTAL - An initial rent in the region of £XXX per annum exclusive is anticipated.
OFFERS - The prospective tenants should agree the main Heads of Lease in writing with the Marketing Agents and thereafter our client’s’ solicitors will issue formal lease documentation.
ENTRY - Immediate entry can be given on completion of Missives.
GENERAL REMARKS - The premises occupy a prime retail position in the centre of Cupar and have recently been refurbished. The freshly presented accommodation is capable of various Class 1 retail uses and may also prove suitable for Class 2 and 3 uses, subject to obtaining the necessary planning consents.
VAT - All prices/rents quoted are exclusive of VAT however our client reserves the right to charge VAT if applicable.
Specification
- Prime town centre location
- Gross internal area 85.50 sq m (920 sq ft)
- Potential for Class 3 use - subject to planning
- Flexible terms
- Rental offers in the region of £XXX per annum invited