Prominent Town Centre location adjacent to the Mercat Shopping Centre on busy High Street
Entire building let to TSB Bank PLC on an extended lease until 2027 (No Breaks)
Rebased rent of £55,000 p.a.x.
Refurbished by TSB in 2021
Close to the main entrance to the Mercat Shopping Centre
Neighbouring occupiers include Superdrug, JD Sport, Boots, The Works and Vision Express
Lot 28
Auction 17th February 2022
Rent £55,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector Bank
Auction Venue Live Streamed Auction
Property Information
Location
Miles
18 miles north-east of the Forth Road Bridge, 28 miles north of Edinburgh, 24 miles south west of St Andrews
Roads
A92
Rail
Kirkcaldy Railway Station (ScotRail)
Air
Edinburgh Airport
Situation
The property is situated in a prime retailing location on the south side of the High Street, in the heart of Kirkcaldy town centre. The property is located adjacent to The Mercat Shopping Centre. Car parking is provided by The Esplanade (approx. 502 spaces) . Neighbouring occupiers on the High Street include Superdrug, JD Sport, Boots, Costa Coffee, The Works and Vision Express
Tenure
Heritable. Scottish Equivalent of English Freehold
Location
Miles
18 miles north-east of the Forth Road Bridge, 28 miles north of Edinburgh, 24 miles south west of St Andrews
Roads
A92
Rail
Kirkcaldy Railway Station (ScotRail)
Air
Edinburgh Airport
Situation
The property is situated in a prime retailing location on the south side of the High Street, in the heart of Kirkcaldy town centre. The property is located adjacent to The Mercat Shopping Centre. Car parking is provided by The Esplanade (approx. 502 spaces) . Neighbouring occupiers on the High Street include Superdrug, JD Sport, Boots, Costa Coffee, The Works and Vision Express
Tenure
Heritable. Scottish Equivalent of English Freehold
Description
The property comprises a banking hall at ground floor with offices at first floor, together with ancillary/staff accommodation at second floor level. The banking hall was refurbished by TSB in 2021.
VAT
VAT is applicable to this lot.
Viewings
Pease contact Mhairi Archibald (07718899341)
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a banking hall at ground floor with offices at first floor, together with ancillary/staff accommodation at second floor level. The banking hall was refurbished by TSB in 2021.
VAT
VAT is applicable to this lot.
Viewings
Pease contact Mhairi Archibald (07718899341)
EPC
The EPC will be available to view online in the solicitor’s legal pack.
1) TSB is part of the Spanish banking group Sabadell that offers full service banking to more than five million customers (Source: www.tsb.co.uk). For the year ending 31/12/2020 TSB Bank Plc reported a turnover of £1,064,000,000, pre-tax profits of £-156,200,000 and total shareholders equity of £1,724,900,000 (Source: NorthRow 12/12/2021).
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
