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High Street Retail Premises, 245 High Street, Kirkcaldy, KY1 1JF

3,564 Sq Ft / Retail / General Retail

For Sale

To Let - £10,000.00 per annum

Available - Last updated: 21 February 2020

The subjects comprise retail premises arranged over the ground and first floors of a traditionally built, two storey building The front part of the roof has a pitched slated finish, but the majority of the precast concrete flat roofing slabs have a Sika roof finish with a guarantee which expires in 2027.

Internally, the subjects are arranged to provide a main retail area with small store to the rear. Access to the first floor is provided via an internal staircase and provides appropriate storage/ancillary accommodation.

The retail frontage to High Street comprises a series of aluminium/glazed display windows and a double aluminium/ glazed entrance door.

Location

The subjects are located on the eastern side of High Street, in close proximity to its junction with Kirk Wynd, lying to the northern periphery of Kirkcaldy town centre.

Nearby occupiers include Amour Couture Bridal, AYS Scotland Ltd and Barnardo’s Charity Shop.

Kirkcaldy is one of Fife’s principal centres having a population approaching 50,000 persons and a catchment area estimated to be in the region of 150,000. The town benefits from an excellent transportation system having a railway station located on the East Coast mainline which runs from London Kings Cross via Edinburgh to Aberdeen and the East Fife Regional Road provides a first class dual carriageway link onto Central Scotland’s motorway network.

Accommodation

We would summarise the accommodation as undernoted:-

Ground Floor - net internal area 197.45 sq.m (2,125 sq.ft)

First Floor - net internal area 133.67 sq.m (1,438 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: £26,000

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.

The Small Business Bonus and Fresh Start schemes may be available. Further enquiries should be directed to Fife Council.

LEASE TERMS:
The subjects are offered on normal, full repairing and insuring terms for a period to be negotiated, incorporating rent reviews at appropriate intervals.

RENTAL:
Offers in the region of £10,000 per annum exclusive are invited.

PRICE:
Offers invited.

EPC:
A copy of the EPC can be made available on request, however the rating is G.

VAT:
All figures quoted are exclusive of any VAT which may be chargeable.

ENTRY:
By agreement.

VIEWINGS:
Strictly through appointment with the sole Marketing Agents.

LEGAL COSTS:
Each party will be responsible for the payment of their own legal costs. The incoming tenant will be responsible for the payment of any Land and Buildings Transaction Tax and VAT incurred.

Specification

  • High street retail premises
  • Flexible internal layout
  • 3,564 Sq.Ft (331.12 Sq.M)
  • Offers of £10,000 pa for lease or offers invited for purchase

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers invited For Sale Freehold NA NA
Offers of To Let £10,000.00 per annum

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Contact agents

Fife Agency

DM Hall

01383 650233



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