10A & 10C Canmore Street Dunfermline Fife KY12 7NT

  • 10A & 10C Canmore Street<br>Dunfermline<br>Fife<br>KY12 7NT

10A & 10C Canmore Street
Dunfermline
Fife
KY12 7NT

Heritable Retail and Leisure Investment

  • Comprises retail and leisure accommodation
  • Busy Town Centre location
  • Nearby occupiers include Primark, Next, WH Smith and Sports Direct
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    82
  • Auction
    30th March 2017
  • Rent
    £16,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £120,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Receivers BDO
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Heritable Retail and Leisure Investment

  • Comprises retail and leisure accommodation
  • Busy Town Centre location
  • Nearby occupiers include Primark, Next, WH Smith and Sports Direct
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 82
  • Auction 30th March 2017
  • Rent £16,500 per Annum Exclusive
  • Status Sold
  • Price £120,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Receivers BDO

Property Information

Location
Miles
18 miles north-west of Edinburgh, 22 miles east of Stirling
Roads
M90, A92, A985
Rail
Dunfermline Town Rail (40 minutes to Edinburgh Waverley)
Air
Edinburgh International Airport (11 miles south)
Situation

Dunfermline is the largest town in Fife with a population of 55,000. The property is prominently situated on the north side of the busy Canmore Street, adjacent to Canmore Street Car Park which provides town centre car parking for approximately 30 cars. Canmore Street runs parallel to High Street, whose occupiers include Primark, Next, Sports Direct 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 Rail (40 minutes to Edinburgh Waverley)
Air
Edinburgh International Airport (11 miles south)
Situation

Dunfermline is the largest town in Fife with a population of 55,000. The property is prominently situated on the north side of the busy Canmore Street, adjacent to Canmore Street Car Park which provides town centre car parking for approximately 30 cars. Canmore Street runs parallel to High Street, whose occupiers include Primark, Next, Sports Direct and WH Smith.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises two ground floor retail units. 10A fronts Canmore Street whilst 10C is accessed from the rear. The property forms part of a larger building.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises two ground floor retail units. 10A fronts Canmore Street whilst 10C is accessed from the rear. The property forms part of a larger building.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
10A
 Ground
 Retail
106.00 sq m
(1,141 sq ft)
 INDIVIDUAL t/a Velo
Bike Shop & Café (1)
 10 years until 01/04/2022
 £9,000
 01/04/2022
10C
 Ground
 Leisure
345.04 sq m
(3,714 sq ft)
 DUNFERMLINE
AMATEUR BOXING
CLUB (2)
 A term until
01/09/2018 (2)
 £7,500
 01/09/2018
Total  
451.04 sq m
(4,855 sq ft)
     £16,500
  

(1) Planet Velo bike shop and cafe provides a fully equipped workshop for all bicycle servicing and repairs along with a full range of bikes, accessories and clothing. (Source: www.planetvelo.co.uk 03/03/2017)
(2) Dunfermline Amateur Boxing Club are not currently in occupation.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
AAEN Peach Law
Amanda Lang 0a.lang@aaenpeach.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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