The subjects form retail/leisure premises arranged over ground, first and attic floors of a 2 storey and attic stone tenement. The property benefits from a large glazed double display frontage onto High Street.
Internally the unit provides a large open plan sales area, along with staff office and w/c facilities to the rear and further staff areas and storage at first and attic floor levels.
Location
Dunfermline is one of Fife’s principal centres of commerce and has a resident population now in excess of 50,000 persons and a catchment area estimated to be in the region of 150,000. The city occupies a key position within Fife a few miles north of the Forth Road & Rail bridges and adjacent to the M90 motorway.
The subjects are well located on the pedestrianised section of Dunfermline High Street near the corner junction with Kirkgate and Bridge Street. Surrounding occupiers include Cancer Research and a number of local operators, with Dunfermline’s Kingsgate Shopping Centre and Bus Station within short walking distance.
Accommodation
The premises extend to the following approximate areas:
Ground Floor: 2,823 sq ft / 262.26 sqm
First Floor: 581 sq ft / 54.0 sqm
Attic: 441 sq ft / 41.0 sqm
Terms
Tenancy - The subjects are let to Luxury Leisure t/a Admiral Casinos on a full repairing and insuring lease with a schedule of condition. The passing rent is £25,000 per annum with a lease expiry on 18th April 2033. There shall be an open market rent review on the 5th anniversary.
Price - Offers invited
EPC - On application.
Legal Costs - Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Specification
- Attractive Town Centre Investment
- Let to Luxury Leisure
- Rent: £25,000 pa
- Expiry: 18th April 2033 (no break options)
- Offers Invited