The subjects comprise a substantial ‘C’ Listed 3 storey and attic hotel which until recently traded as Lundin Links Hotel. The business ceased trading in January 2014 and is now being offered for sale. They are constructed in red brick with various pitched roofs clad in tiles. They sit upon a relatively regular shaped site currently accessed from both Emsdorf Street and Largo Road.
Location
Fife is a coastal area of Scotland situated between the Firth of Tay and the Firth of Forth with inland boundaries to Perth and Kinross and Clackmannanshire. Fife has got the third largest Local Authority area by population with a resident population of just under 360,000 and is dominated by the 3 principal towns of Dunfermline, Kirkcaldy and Glenrothes.
Lundin Links is a small village in Fife best known for its 2 golf courses and lies approximately 12 miles from St Andrews in a popular tourist location within the East Neuk of Fife. The subjects occupy a prominent corner site at the junction of Emsdorf Street and the busy Largo Road on the edge of the village centre of Lundin Links. There are a mix of residential and commercial uses within the vicinity and the village centre includes a post office, convenience store and pharmacy.
Accommodation
We calculate the approximate floor areas extend to the following:
Ground Floor - Conservatory, Dining Room, Lounge, Bar, Managers Accommodation, Kitchen, Cellar, Staff Changing , Laundry, Stores and Toilet Facilities 2 letting rooms accessed externally - 5,663 sq ft
First Floor - 2 x Function Rooms, Kitchen, 3 En Suite Bedrooms and Store - 3,248 sq ft
Second Floor - 10 En Suite Letting Bedrooms - 2,689 sq ft
Attic - 4 En Suite Letting Bedrooms - 1,381 sq ft
Total - 12,981 sq ft
Terms
Rateable Value
The subjects have been assessed for rating purposes at a Rateable Value of £43,600. The unified business rate for 2013/2014 financial year is XXX.
Energy Performance Certificate
Awaiting further details.
Planning
On 14th November 2012 (Application Number 12/01106/PPP) Fife Council granted planning permission in principal for partial demolition and rebuilding of the hotel to form sheltered housing units. The subjects therefore offer potential for alternative use development and all interested parties should make their own enquiries to Fife Council Planning Department.
Terms
Our client is inviting offers for the freehold interest.
VAT
Prices are quoted exclusive of VAT (if applicable).
Specification
• Substantial hotel premises within popular East Neuk of Fife tourist location.
• No longer trading and offering development potential.
• Planning permission in principal for partial demolition to form sheltered housing units.
• Offers invited.