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Town Centre Shop With Rear Store, 183 South Street, st Andrews, KY16 9EE

610 Sq Ft / Retail / General Retail

Let - Last updated: 06 January 2022

A traditional Shop contained on the ground floor of a two storey and attic mid terraced building of stone construction under a slated roof. The Shop front incorporates two attractive display windows with a central entrance door.  

Location

St Andrews is an historic town and tourist destination which boasts Scotland’s oldest University, held in high academic regard throughout the country. The town is however possibly best known as the “Home of Golf” and enjoys a strong international reputation and appeal. The resident population is approximately 14,000, this being greatly enhanced by student numbers and tourists throughout the year; in addition the town also serves an extensive hinterland/catchment area in rural north-east Fife.

The Tay Road Bridge gives access to Dundee, Angus and Perthshire while there is a large British Army base at nearby Leuchars which also benefits from a mainline Railway Station.  University and golf related business provide the major employment opportunities in the area together with tourism, agriculture and local/regional commerce.

The subjects occupy a prominent site off the north side of South Street a short distance west from it junction with Bell Street and enjoy an excellent trading position in the central  area of the town with a good mix of nearby retailers. 

Accommodation

Internally the well-presented premises extend to around 56.7 sq. m (610 sq. ft) with the main accommodation as follows:

Retail Shop, Rear Store, Side Vestibule and Toilet.

A private rear door access is available via a shared pend to the east of the main building allowing ease of servicing.

Terms

ASSESSMENT - We have consulted the Fife Assessor’s website (www.saa.gov.uk) and note that the premises are entered in the current Valuation Roll as follows:

Rateable Value: £XXX

The Unified Business Rate for the financial year 2019/20 is 49.0 pence in the pound.

Small Business Relief may be available and this should be checked with Fife Council.

ENERGY PERFORMANCE RATING - A copy of the Energy Performance Certificate will be made available to interested parties. EPC Rating G.

LEASE TERMS - Our client seeks a longer term lease on standard FRI terms but will be flexible in approach.

RENTAL - An initial rental in the region of £XXX per annum exclusive is anticipated.

OFFERS - Prospective tenants should agree the main Heads of Lease in writing with the Marketing Agents and thereafter our client’s solicitor will issue the formal lease documentation.

ENTRY - Early entry is available by arrangement.

GENERAL REMARKS - The premises occupy an excellent trading position in the main town centre with a good mix of retailers, restaurants and licensed premises nearby.   Internally the unit was last used in connection with a gallery
business but could readily be adapted to a variety of other retail/
salon uses.

Specification

  • Town Centre Location
  • Traditional Shop Premises
  • 56.7 sq. m (610 sq. ft)
  • Suitable for a variety of occupiers
  • Early entry available


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