10/10A Cross Wynd Dunfermline Fife KY12 7AP

10/10A Cross Wynd
Dunfermline
Fife
KY12 7AP

Heritable Restaurant and Hairdresser Investment

Comprises a ground floor Retail Unit with a self-contained Hairdressers Salon on the first floor
Town Centre location close to the High Street and the Kingsgate Shopping Centre.
Adjacent to the town's bus station.
Nearby occupiers include JD Weatherspoon, Sports Direct, WH Smith and Clydesdale Bank.

Lot
39
Auction
24th September 2021
Rent
£20,000 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

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Heritable Restaurant and Hairdresser Investment

Comprises a ground floor Retail Unit with a self-contained Hairdressers Salon on the first floor
Town Centre location close to the High Street and the Kingsgate Shopping Centre.
Adjacent to the town's bus station.
Nearby occupiers include JD Weatherspoon, Sports Direct, WH Smith and Clydesdale Bank.

Lot 39
Auction 24th September 2021
Rent £20,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Restaurant
Auction Venue
Live Streamed Auction

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

The property is situated on the east side of Cross Wynd in Dunfermline town centre. The Kingsgate Shopping Centre is located nearby, with occupiers including Marks and Spencer and Boots the Chemist. Other nearby occupiers include JD Weatherspoon, Primark, Sports Direct, WH Smith and Clydesdale Bank.

Tenure

Heritable.

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

Tenure

Heritable.

Description

The property comprises a self-contained retail unit on the ground floor and a hairdressers salon on the first floor, which is accessed via a separate entrance off Cross Wynd.

VAT

VAT is not applicable to this lot.

Viewings

Please contact Mhairi Archibald

EPC

Available from the legal pack at www.acuitus.co.uk.

Description

The property comprises a self-contained retail unit on the ground floor and a hairdressers salon on the first floor, which is accessed via a separate entrance off Cross Wynd.

VAT

VAT is not applicable to this lot.

Viewings

Please contact Mhairi Archibald

EPC

Available from the legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

Unit	Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review/ (Reversion)
10	Ground	Retail/ Restaurant	71.72 sq m	(772 sq ft)	L&S FORREST LIMITED	15 years from 19/01/2018 to 18/01/2033 (3)	£11,000	15/01/2024 15/01/2029 (18/01/2033)
10A	First	Hair Salon	67.35 sq m	(725 sq ft)	INDIVIDUAL	10 years from 16/11/2020 to 15/11/2030 (1)	£9,000 (2)	31/12/2025 (15/11/2030)
Total			139.08 sq m	(1,497 sq ft)			£20,000

(1) There is a tenant break option on 31/12/2025. Please see the legal pack for further information
(2) Rent commencement was 01/01/2021. Stepped rent - 01/01/2021to 31/12/2023 £9,000pa, 01/01/2024 to 31/12/2026 £9,900 pa, 01/01/2027 to 31/12/2029 £10,700pa, 01/01/2030 to 31/12/2031 £11,400pa. A rent deposit of £750 is held by the landlord.
The deposit is repayable to the tenant on 31/12/2022.
(3) There are tenant break options on the fifth and tenth anniversaries of the lease start. Please see the legal pack for further information.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.