The subject comprise a ground floor and basement retail unit contained within a traditional mid terraced 3 storey, attic and basement building with single storey extension to the rear. The property benefits from a full-length single frontage to South Street and internally comprises an open plan sales area with rear toilet and kitchen. There is a basement for storage purposes.
Location
The university town of StAndrews is situated on the north east coast of Fife approximately 25km (15miles) south of Dundee, 56km (35miles) east of Perth and circa 80km (50miles) north east of Edinburgh.
The town has a resident population of some 25,000 persons which is boosted by an influx of approximately 8,000 students during term time.
Additionally, St Andrews is known throughout the world as the home o fgolf and is an important historic town which ensures a healthy flow of tourists all year long.
The property lies on the north side of South Street within the centre of StAndrews and would provide an excellent location for a variety of retail and commercial users.
Nearby occupiers include Janettas ice cream shop, Victoria Bloom, Spokes and an art gallery.
Accommodation
Ground Floor - 42.03 sq m (452 sq ft)
Basement Floor - 8.80 sq m (95 sq ft)
Total - 50.83 sq m (547 sq ft)
Terms
RATEABLE VALUE - £19,000
EPC - Awaiting further details.
TERMS - Our client is inviting rental offers of £25,000 per annum for a negotiable period of time.
VAT - Prices are quoted exclusive of VAT (if applicable).
LEGAL COST - Each party will to bear their own legal costs in connection with the letting of the property.
MONEY LAUNDERING - The money laundering, terrorist financing and transfer of funds (information on the payer) regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also and any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and esidence and proof of funds for the purchase, before the transaction can proceed.
Specification
- PROMINENT RETAIL PREMISES WITHIN THE CENTRE OF STANDREWS
- GROUND FLOOR –42.02 SQ. M. (452 SQ. FT.)
- BASEMENT –8.80 SQ. M. (95 SQ. FT.)
- RENTAL OFFERS -£25,000 PER ANNUM