Pedestrianised High Street location opposite the Mercat Shopping Centre
Active Management Potential
Neighbouring occupiers include Debenhams, New Look, WH Smith, Next and Waterstones
Currently producing £6,500 per annum exclusive (With Vacant Ground Floor Retail Unit)
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 71
Auction 25th May 2017
Rent
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
18 miles north-east of the Forth Road Bridge, 28 miles north of Edinburgh
Roads
A92
Rail
Kirkcaldy Railway Station (40 minutes to Edinburgh Waverley)
Air
Edinburgh Airport
Situation
The property is situated in a prominent position on the west side of pedestrianised High Street in the heart of Kirkcaldy town centre, opposite the Mercat Shopping Centre, with occupiers including Marks & Spencer, Boots the Chemist, JD Sports, TK Maxx and Superdrug. Other neighbouring occupiers include WH Smith (adjacent), Tesco, Debenhams, New Look, Costa Coffee, Next and Waterstones.
Tenure
Heritable.
Location
Miles
18 miles north-east of the Forth Road Bridge, 28 miles north of Edinburgh
Roads
A92
Rail
Kirkcaldy Railway Station (40 minutes to Edinburgh Waverley)
Air
Edinburgh Airport
Situation
The property is situated in a prominent position on the west side of pedestrianised High Street in the heart of Kirkcaldy town centre, opposite the Mercat Shopping Centre, with occupiers including Marks & Spencer, Boots the Chemist, JD Sports, TK Maxx and Superdrug. Other neighbouring occupiers include WH Smith (adjacent), Tesco, Debenhams, New Look, Costa Coffee, Next and Waterstones.
Tenure
Heritable.
Description
The property comprises a ground floor retail unit with self-contained office accommodation on the first floor.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with self-contained office accommodation on the first floor.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Possession
Term
Rent p.a.x
Reversion
Ground First
Retail Ancillary
268.21 sq m 26.17 sq m
(2,888 sq ft) (282 sq ft)
VACANT POSSESSION
First
Office
131.84 sq m
(1,419 sq ft)
KIRKCALDY 4 ALL (1)
5 years from 01/05/2015
£6,500
30/04/2020
Totals
426.22 sq m
(4,588 sq ft)
£6,500
(1) Kirkcaldy 4 All was established in 2010 and is Kirkcaldy's Business Improvement District (BID). A BID is an arrangement where businesses identify opportunities to the benefit of their own activities in their local area and vote to invest collectively in local improvements over and above those provided by statutory authorities (Source: www.kirkcaldy4all.co.uk).