Let to tenant trading as Reuben’s Café until 2025 (no breaks)
Well located retail unit in Dunfermline town centre
Neighbouring occupiers include Marks & Spencer, Costa Coffee, Pandora, Caffè Nero and Primark
VAT-free investment
Lot 76
Auction 7th December 2017
Rent £16,000 per Annum Exclusive
Status Sold Prior
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-west of Edinburgh, 22 miles east of Stirling
Roads
M90, A92, A985
Rail
Dunfermline Town Railway Station (40 minutes to Edinburgh Waverley)
Air
Edinburgh International Airport (11 miles south)
Situation
Dunfermline is a popular and affluent commuter town to the north of the River Forth. The town is now very well connected to Edinburgh, with the recent opening of the Queens Crossing bridge between Rosyth and South Queensferry. The property is situated close to the junction of East Port and High Street in Dunfermline town centre. The Kingsgate Shopping Centre is located nearby, housing occupiers including Marks & Spencer, Boots the Chemist, Debenhams and H&M. Other nearby occupiers include Costa Coffee, Pandora, Caffè Nero, Primark, Next and WH Smith.
Tenure
Heritable. (Scottish equivalent of English Freehold).
Location
Miles
18 miles north-west of Edinburgh, 22 miles east of Stirling
Roads
M90, A92, A985
Rail
Dunfermline Town Railway Station (40 minutes to Edinburgh Waverley)
Air
Edinburgh International Airport (11 miles south)
Situation
Dunfermline is a popular and affluent commuter town to the north of the River Forth. The town is now very well connected to Edinburgh, with the recent opening of the Queens Crossing bridge between Rosyth and South Queensferry. The property is situated close to the junction of East Port and High Street in Dunfermline town centre. The Kingsgate Shopping Centre is located nearby, housing occupiers including Marks & Spencer, Boots the Chemist, Debenhams and H&M. Other nearby occupiers include Costa Coffee, Pandora, Caffè Nero, Primark, Next and WH Smith.
Tenure
Heritable. (Scottish equivalent of English Freehold).
Description
The property comprises two ground floor retail units arranged as one shop and forms part of a larger building.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises two ground floor retail units arranged as one shop and forms part of a larger building.
VAT
VAT is not 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
Review/ Reversion
Ground
Retail/Ancillary
65.84 sq m
(709 sq ft)
INDIVIDUAL t/a Reuben’s Café
10 years from 16/11/2015 on a full repairing and insuring lease
