Hilton Garden City was granted planning permission in principle in 2013 for the construction of 390 new homes, a neighbourhood retailing parade, hotel, offices, carehome, children’s nursery and restaurants. To date, approximately 100 homes are built and occupied together with the neighbourhood retailing parade.
The subjects comprise three newly built retail units forming part of a modern three storey parade with residential occupying the upper floors. There are a total of six units within the parade of which three are currently occupied with the principal anchor tenant being Sainsbury’s Local. The units whilst in shell condition are ready for occupation on completion of fit out works.
Location
Rosyth with a resident population of 13,000 is strategically located 3 miles south of Scotland’s historic capital Dunfermline and 2 miles north of the recently opened Queensferry Crossing. Rosyth town was founded as a garden city and was built to form the coastal port of Dunfermline. Rosyth is almost contiguous with the neighbouring town of Inverkeithing separated only by the M90 motorway.
More specifically, the subjects are located to the town’s western boundary accessed of Brankholm Brae which in turn is accessed from the A985 the main arterial route linking the Fife Coastal route to the west.
Accommodation
We have measured the properties in accordance with our RICS code of measuring practice 6th edition and I have calculated the following gross internal areas:
Unit 1 - 147.3 sq m (1585 sq ft)
Unit 2 - 72.5 sq m ( 780 sq ft)
Unit 3b - 73.4 sq m ( 790 sq ft) or thereby
Terms
RATEABLE VALUE - The units will require to be assessed on completion of fit out.
RENT:
Unit 1 - £XXX per annum exclusive
Unit 2 - £XXX per annum exclusive
Unit 3b - £XXX per annum exclusive
LEASE TERMS - The properties are available by way of a full repairing and insuring lease for a negotiable duration.
EPC - The Energy Performance Certificates will be made available upon completion of the tenants fit out works.
Specification
- Retail units from 72.5 sq m to 147.3 sq m
- Popular retail parade anchored by Sainsbury’s Local
- Benefits from high levels of passing vehicle traffic
- Flexible lease terms available
- Commencing rents from £XXX pax