The subjects comprise a retail unit arranged over ground floor only.
Location
St Andrews is a prosperous market town in the Kingdom of Fife, on Scotland’s east coast. It is famous throughout the world as being the home of golf. The town has a resident population in the region of 15,000 people, which is boosted by a large number of students and tourists visiting the town all year round.
The town lies approximately 13 miles south of Dundee and 40 miles north-east of Edinburgh.
The subjects are located on Bell Street close to its junction with Market Street. Occupiers represented in the nearby vicinity include H&M, Oliver Bonas, Joules, Jack Wills, Bobbi Brown and Jo Malone.
Accommodation
The unit extends to the following approximate areas:
Gross Frontage - 58 ft 9 ins (17.89 m)
Average Depth - 39 ft 1 ins (11.9 m)
Ground Floor - 2,442 sq ft (226.9 sq m)
Terms
Lease - The property is available by way of a new 10 x 5 FRI lease.
Rental - £90,000 per annum exclusive.
Rates - We have been verbally advised by the Local Authority that the premises are entered in the Valuation Roll as follows:
Rateable Value: £88,750
UBR 2018/19: £0.506 (exclusive of water & sewerage)
Rates Payable: £44,908 pa
All parties are advised to verify these figures with the Local Assessors office.
VAT - All prices, rents, premiums, etc. are quoted exclusive of VAT.
Legal Fees - Each party will be responsible for their own legal costs incurred in this transaction.