The subjects comprise a ground floor retail unit contained within a three storey building of brick construction, rendered externally beneath a pitched roof. The subjects originally comprised three individual terraced shops, however have been combined to form one large retail unit.
Internally, the subjects provide an open-plan space, finished to a shell like condition, with approximately 12 m frontage directly on to Abbey View. The premises benefit from secure metal roller shutters to the windows.
Location
Dunfermline is one of Fife’s principal centres of commerce with an expanding residential population which now exceeds 50,000. The town lies in a prominent location within Fife, a few miles north of the Queensferry Crossing, Forth Road and Rail bridges and adjacent to the M90 motorway.
The Abbey View area lies to the east of Dunfermline and has a population of approximately 8,500 persons. The area has undergone major regeneration in the past few years with a number of programmes being undertaken. This includes a new, modern medical centre as well as new build private housing.
The subjects are excellently situated to take advantage of the surrounding residential area.
Accommodation
The subjects provide the following accommodation:
Ground Floor: open-plan retail area, storage area and WC.
The subjects have a net internal area of 108 sq m (1,163 sq ft).
Terms
ASSESSMENT:
We have consulted the Scottish Assessor’s website (www.saa.gov.uk) and note that the premises are entered in the current Valuation Roll as follows:-
Rateable Value: £5,500
This does however include the first floor level and will have to be reassessed once occupation has taken effect.
The property qualifies for 100 per cent rates exemption under the Small Business Bonus Rates Relief Scheme.
We are advised that the current business rate is 48 pence.
Under existing legislation a new occupier has the right to appeal against this assessment.
LEASE TERMS:
A new full repairing and insuring (FRI) lease, for a negotiable duration.
RENT:
Our client seeks a rental in the region of £12,000 per annum, exclusive
VIEWING:
Strictly by appointment with the Marketing Agents
ENERGY PERFORMANCE RATING:
The property has an EPC rating of F. Full documentation is available on request.
GENERAL REMARKS
This is an excellent opportunity to acquire the leasehold interest of this property.
DATE OF ENTRY:
Entry will be available on completion of legal formalities.
Specification
- Prominent location
- Would suit a number of users