13 / 17 High Street Leven KY8 2BS

13 / 17 High Street
Leven
KY8 2BS

Town Centre Retail Investment

  • Let to Superdrug Stores PLC
  • Large Modern Retail Unit on Busy High Street
  • Neighbouring occupiers include New Look, Poundland and Card Factory
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    78
  • Auction
    19th May 2016
  • Rent
    £70,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £390,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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* More information on the term "guide" can be found here

Town Centre Retail Investment

  • Let to Superdrug Stores PLC
  • Large Modern Retail Unit on Busy High Street
  • Neighbouring occupiers include New Look, Poundland and Card Factory
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 78
  • Auction 19th May 2016
  • Rent
  • Status Sold
  • Price £390,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
8.1 miles north-east of the town of Kirkcaldy, 6.4 miles east of Glenrothes
Road
A92, A915
Air
Edinburgh Airport
Situation

The property is located in a prime retail position on the pedestrianised High Street. There is public car parking nearby and Leven Bus Station is located at the southern end of the High Street. Neighbouring occupiers include Iceland, New Look, Bank of Scotland and Card Factory. Leven is a popular town in East Fife. It lies on the coast of the Firth of Forth at the mouth of the River Leven. The town is well linked by road via the A92 to the A90 leading to Edinburgh to the south and Perth and the Highlands to the north.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Location
Miles
8.1 miles north-east of the town of Kirkcaldy, 6.4 miles east of Glenrothes
Road
A92, A915
Air
Edinburgh Airport
Situation

The property is located in a prime retail position on the pedestrianised High Street. There is public car parking nearby and Leven Bus Station is located at the southern end of the High Street. Neighbouring occupiers include Iceland, New Look, Bank of Scotland and Card Factory. Leven is a popular town in East Fife. It lies on the coast of the Firth of Forth at the mouth of the River Leven. The town is well linked by road via the A92 to the A90 leading to Edinburgh to the south and Perth and the Highlands to the north.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a well configured modern retail unit on ground floor only. The unit has been subdivided to create two self contained retail units both of which are fitted to a high standard. There is a rear loading area to the rear of the property.

Six Week Completion

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis.
Telephone: +44 (0)131 552 5191.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a well configured modern retail unit on ground floor only. The unit has been subdivided to create two self contained retail units both of which are fitted to a high standard. There is a rear loading area to the rear of the property.

Six Week Completion

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis.
Telephone: +44 (0)131 552 5191.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground Retail
438.13 sq m
(4,716 sq ft)
SUPERDRUG
STORES PLC (1)
25 years from 30th March 1992
on full repairing and insuring
terms (2)
£70,000 29/03/2017
Total  
438.13 sq m
(4,716 sq ft)
    £70,000

(1) For the year ending 27th December 2014 Superdrug Stores PLC reported a turnover of £1,058,047,000, pre-tax profits of £38,044,000 and a net worth of £138,513,000. (Source: Experian Group 21/04/2016).
(2) Part of the unit has been sublet to TUI UK Limited trading as Thomson.

Property Documents

  • Catalogue Page
    Updated Date
    30.10.19
    File Size
    643 KB
    View PDF
  • Site Plan
    Updated Date
    30.10.19
    File Size
    434 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Associate AuctioneersGraeme Miller +44(0)131 225 1559graeme.miller@g-s.co.uk
Seller's Solicitors
DLA Piper LLP Rutland Square
Edinburgh
EH1 2AA
Scott Ferrier 0131 242 5078scott.ferrier@dlapiper.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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