High Street occupiers include Marks & Spencer, Sports Direct, Boots the Chemist, Superdrug and TK Maxx
Lot 82
Auction 13th July 2017
Rent £12,000 per Annum Exclusive
Status Sold
Price £83,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of a Major Fund Manager
Property Information
Location
Miles
18 miles north-east of the Forth Road Bridge, 28 miles north of Edinburgh
Road
A92
Rail
Kirkcaldy Railway Station (40 minutes to Edinburgh Waverley)
Air
Edinburgh Airport
Situation
The property is situated in a prime retailing location on the western side of the High Street, in the heart of Kirkcaldy town centre. Nearby occupiers include Betfred, Poundstretcher, William Hill and Trespass. Other occupiers on the High Street include Marks & Spencer, Sports Direct, Boots the Chemist, Superdrug and TK Maxx.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
18 miles north-east of the Forth Road Bridge, 28 miles north of Edinburgh
Road
A92
Rail
Kirkcaldy Railway Station (40 minutes to Edinburgh Waverley)
Air
Edinburgh Airport
Situation
The property is situated in a prime retailing location on the western side of the High Street, in the heart of Kirkcaldy town centre. Nearby occupiers include Betfred, Poundstretcher, William Hill and Trespass. Other occupiers on the High Street include Marks & Spencer, Sports Direct, Boots the Chemist, Superdrug and TK Maxx.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a ground floor retail unit which forms part of a larger building.
VAT
VAT is applicable to this lot.
Completion Period
Eight 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 which forms part of a larger building.
VAT
VAT is applicable to this lot.
Completion Period
Eight Week Completion
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
95.32 sq m
(1,026 sq ft)
INDIVIDUALS t/a Komandor Scotland (Central)
1 year from 07/04/2015
£12,000
(1)
Total
95.32 sq m
(1,026 sq ft)
£12,000
(1) Under Scottish law, the lease will continue year on year on the same terms and conditions until the next anniversary. If either the tenant or the landlord wish to terminate the lease, they must serve notice to quit within the specified time period prior to the anniversary.
