A new build neighbourhood style retail development is to be built. Planning consent exists and a new layout proposal is to be submitted.One avaiable unit remains, next door to Tesco Express. This unit is suitable for Class 1 use.
Location
The site is on the north side of South Parks Road a busy main road through the west of central Glenrothes, established as a ‘new-town’ in the late 1940s and since grown to become the third-largest settlement within Fife, with a population of around 38,750. The site is approximately half a mile from the retail and commercial town centre and is easily accessible from the A911 and B969 arterial roads. The surrounding area is predominantly residential and is well served by frequent bus services on South Parks Road and Roxburgh Road, adjacent to the site. Nearby occupiers currently include RS McColl, Domino’s Pizza and Lloyds Pharmacy.
Accommodation
Remaining units extending to a gross internal area of between approximately 94 sq m (1,012 sq ft) and 470 sq m (5,060 sq ft) available from Q4 2014 for use classes 1, 2 and 3.
Terms
EPC
Upon completion, the development will be required to be assessed for Energy Performance purposes.
Lease Terms
A new Full Repairing & Insuring lease or leases are available for the remaining retail accommodation for a minimum of 10 years incorporating regular rent reviews.
Rateable Value
Each of the premises will be assessed following completion and occupation. The tenants will be responsible for paying business rates.
Further Information
By appointment through the sole agents, Gerald Eve LLP.
Specification
• Proposed completion Q4 2014
• Prominent frontage on busy main road close to town centre
• Unit 1 pre-let to Tesco Express
• Unit 2 under offer to Class 2 retailer
• Up to 188 sq m space potentially earmarked for Class 3 use