189 High Street
Kirkcaldy
Fife
KY1 1JA

Heritable Retail Opportunity/Office Investment

  • 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
    25/May/2017
  • Rent
    £6,500 per Annum Exclusive
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Property Update
  • 189 High Street<br>Kirkcaldy<br>Fife<br>KY1 1JA
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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.

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

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 advisable. For more information, please click here.

Tenancy & Accomodation

FloorUseFloor Areas
(Approx)
PossessionTermRent p.a.xReversion
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
£6,50030/04/2020
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).

Property Documents

  • Solicitors Legal Pack
    Updated Date
    23.05.17
    File Size
    15 MB
    Login to View
  • Site Plan
    Updated Date
    03.05.17
    File Size
    3 MB
    View PDF
  • Catalogue Page
    Updated Date
    03.05.17
    File Size
    979 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Mhairi JarvisMhairi Jarvis +44 (0)131 552 5191 +44 (0)7718 899 341mhairi.jarvis@acuitus.co.uk
Seller's Solicitors
CBC Solicitors 90 Main Street
Rutherglen
Glasgow
G73 2HZ
Robert Westwood 0141 647 9851robert@cbcsolicitors.co.uk

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