Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
10 miles south-east of St Andrews, 35 miles south-east of Perth, 50 miles north-east of Edinburgh
Roads
A915, A917, A92, M90 (Junctions 1 & 2)
Air
Edinburgh Airport
Situation
Anstruther is a popular and attractive seaside town located 10 miles south-east of St Andrews. The property is prominently situated on the east side of Rodger Street amongst a number of independent retailers, close to the seafront and Anstruther’s picturesque harbour.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
10 miles south-east of St Andrews, 35 miles south-east of Perth, 50 miles north-east of Edinburgh
Roads
A915, A917, A92, M90 (Junctions 1 & 2)
Air
Edinburgh Airport
Situation
Anstruther is a popular and attractive seaside town located 10 miles south-east of St Andrews. The property is prominently situated on the east side of Rodger Street amongst a number of independent retailers, close to the seafront and Anstruther’s picturesque harbour.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a ground floor banking hall with ancillary accommodation in the basement and self-contained office accommodation on the first and second floors.
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 available here.
VAT
VAT is not applicable to this lot.
Viewings
There will be a single block viewing for this property. All interested parties must register their details with the Auctioneers prior to the viewing date and provide identification on site. Please contact Mhairi Jarvis. Email: mhairi.jarvis@acuitus.co.uk
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor banking hall with ancillary accommodation in the basement and self-contained office accommodation on the first and second floors.
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 available here.
VAT
VAT is not applicable to this lot.
Viewings
There will be a single block viewing for this property. All interested parties must register their details with the Auctioneers prior to the viewing date and provide identification on site. Please contact Mhairi Jarvis. Email: mhairi.jarvis@acuitus.co.uk
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)
Basement Ground
Ancillary Banking Hall
37.81 sq m 108.97 sq m
(407 sq ft) (1,173 sq ft)
THE ROYAL BANK OF SCOTLAND PLC (1)
Approx 21 years from 13/12/2006 until 11/12/2027
£11,000
11/12/2021 (2) 11/12/2026
First Second
Office Office
72.00 sq m 66.05 sq m
(775 sq ft) (711 sq ft)
HENDERSON BLACK & CO ACCOUNTANTS (3)
7 years from 29/05/2011 (4)
£8,000
(28/05/2018)
Totals
284.83 sq m
(3,066 sq ft)
£19,000
(1) Royal Bank of Scotland has over 17 million customers in the UK and is the largest SME Bank in the UK with over 1.1 million customers. (Source: www.rbs.com) (2) The lease provides for the rent to be reviewed at the next rent review on 11th December 2021 to the higher of Open Market Rental Value or a fixed rental increase of 3.75%. (3) Henderson Black & Co Accountants trade from three offices in Cupar, St Andrews and Anstruther. (4) The lease provides for a mutual option to determine in May 2016.
