69 High Street Kirkcaldy Fife KY1 1LN

69 High Street
Kirkcaldy
Fife
KY1 1LN

Heritable Retail Investment

Ground floor retail unit extending to approx 95 sq m (1,025 sq ft)
Nearby occupiers include Boots, Pandora, Vision Express, JD Sports, Game, Vodafone and Greggs
Asset management opportunities
Of interest to investors and owner occupiers
Business Rates Relief may apply (3)

Lot
91
Auction
11th July 2018
Rent
£12,000 per Annum Exclusive
Status
Sold
Price
£60,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Heritable Retail Investment

Ground floor retail unit extending to approx 95 sq m (1,025 sq ft)
Nearby occupiers include Boots, Pandora, Vision Express, JD Sports, Game, Vodafone and Greggs
Asset management opportunities
Of interest to investors and owner occupiers
Business Rates Relief may apply (3)

Lot 91
Auction 11th July 2018
Rent £12,000 per Annum Exclusive
Status Sold
Price £60,000
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 18 miles north-east of the Forth Road Bridge, 28 miles north of Edinburgh
Roads: A92, M90 (Junction 3)
Rail: Kirkcaldy Railway Station (Approx 40 mins to Edinburgh Waverley)
Air: Edinburgh Airport

Situation

Kirkcaldy is the second largest town in Fife and benefits from excellent road communications, being located close to the A92, which links with the M90 and provides access to Edinburgh to the south and Perth to the north. Kirkcaldy further benefits from the opening of the Queensferry Crossing connecting Edinburgh and Fife. The property is situated in the heart of the town centre, on the west side of High Street. Nearby occupiers include Boots, Pandora, Vision Express, JD Sports, Game, Vodafone and Greggs.

Tenure

Heritable. (Scottish equivalent of English Freehold).

Location

Miles: 18 miles north-east of the Forth Road Bridge, 28 miles north of Edinburgh
Roads: A92, M90 (Junction 3)
Rail: Kirkcaldy Railway Station (Approx 40 mins to Edinburgh Waverley)
Air: Edinburgh Airport

Situation

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

Six 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

Six 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/Ancillary	95.00 sq m	(1,025 sq ft)	INDIVIDUALS t/a Komandor Storage Solutions (1)	1 year from 07/04/2015	£12,000	(2)
Total		95.00 sq m	(1,025 sq ft)			£12,000

(1) Komandor Storage Solutions is a specialist in the design, supply and fitting of bespoke fitted furniture. The company operates throughout Scotland and has a showroom in Kirkcaldy, Fife, and an office in Edinburgh (www.komandorstoragesolutions.co.uk).
(2) Under Scottish law, the lease will continue year on year on the same terms and conditions until the next anniversary. The lease has continued for another year most recently from 07/04/2018. 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.
(3) Business Rates Relief may apply (www.mygov.scot/business-rates.relief).