Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
28 miles north-east of Edinburgh, 12 miles east of Forth Road Bridge
Roads
A92
Rail
Kirkcaldy (40 minutes to Edinburgh Waverley)
Air
Edinburgh Airport (26 miles south)
Situation
Kirkcaldy is a popular town in Central Fife, with road connections via the A92 and on to the A90, the main trunk road north of Edinburgh. The new Queensferry crossing (road bridge across the Firth of Forth) will improve links with the capital further when it opens in 2016. Kirkcaldy has a population of approximately 45,000, and a regional catchment of over 300,000 people. The property is well located at the western end of the High Street close to the junction with Whytecauseway. Occupiers nearby include, William Hill, Trespass, Betfred and Burton/Dorothy Perkins.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
28 miles north-east of Edinburgh, 12 miles east of Forth Road Bridge
Roads
A92
Rail
Kirkcaldy (40 minutes to Edinburgh Waverley)
Air
Edinburgh Airport (26 miles south)
Situation
Kirkcaldy is a popular town in Central Fife, with road connections via the A92 and on to the A90, the main trunk road north of Edinburgh. The new Queensferry crossing (road bridge across the Firth of Forth) will improve links with the capital further when it opens in 2016. Kirkcaldy has a population of approximately 45,000, and a regional catchment of over 300,000 people. The property is well located at the western end of the High Street close to the junction with Whytecauseway. Occupiers nearby include, William Hill, Trespass, Betfred and Burton/Dorothy Perkins.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a large retail unit on lower ground, ground floor and one upper floor. The first floor is not used by the tenant and is not accessible but may provide a redevelopment opportunity to an alternative use (subject to the necessary consents).
Five Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a large retail unit on lower ground, ground floor and one upper floor. The first floor is not used by the tenant and is not accessible but may provide a redevelopment opportunity to an alternative use (subject to the necessary consents).
Five Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
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
Lower Ground Ground First (1) Garage
Ancillary Retail Unused
392.00 sq m 836.70 sq m Not Measured 56.52 sq m
4,226 sq ft) (9,006 sq ft)
(608 sq ft)
POUNDSTRETCHER LIMITED (2)
15 years from 29/08/2002 on a full repairing and insuring lease
£65,000
28/09/2017
Building Total (1)
1,285.22 sq m
(13,840 sq ft)
£65,000
(1) The first floor accommodation is not accessible and has not been measured. (2) Established in 1981 Poundstretcher is the UK’s leading variety discount retailer. Poundstretcher has over 400 stores nationwide and employs over 6,000 people. (Source: www.poundstretcher.co.uk 28/08/2015)
