Prime location On Busy Thoroughfare
Extensive Restaurant / Bar / Function Suite & Car Park
Potential For Variety Of Alternate Uses
Free of Tie
R.V. £32,250
Site Approx 0.3Ac
Leasehold: £32,XXXer annum
Freehold: £350,000
Location
The subjects are situated on the east side of the A916 Kennoway Road in the popular seaside town of Leven. Leven is a coastal town situated on the East coast of Scotland with a resident population of c.25,000 persons, benefitting from growth in recent years. The town is situated on the Firth of Forth within the Kingdom of Fife.
The subjects are ideally placed on a busy main road within a well populated residential area, neighbouring commercial occupiers include New Images Hair Salon, Jet Petrol Station, Sandy Brae Industrial Estate.
Subjects
The subjects comprise a substantial single storey commercial leisure entity with extensive car park at its rear. Occupying prominent roadside position, the subjects offer a unique opportunity to acquire a roadside property with potential for redevelopment / re-appropriation.
Internally the subjects have been fitted out to a high standard throughout and are presented in a primarily “walk-in” condition. The subjects have been partitioned internally to form main bar / restaurant area along with a function suit, both with male and female w.c. facilities and extensive kitchen.
The function suite itself is open plan with perimeter bench and loose seating accompanying the variance of table configurations along with ample dance floor within the middle of the room plus small stage area.
The subjects are available as seen, in a fully fitted condition. The property benefits from a car park accommodating approx 40 vehicles.
Planning
The subjects currently hold planning consent for licensed restaurant and function facility. Further information available on request
NAV/RV
The subjects have been entered onto the valuation roll with the following NAV/RV:
£32,250
We understand the subjects have not had the NAV/RV appealed since the last review.
Proposal
The subjects are available on a freehold basis for £350,000. Our client would consider offering the subjects on a leasehold basis on a new full repairing and insuring head lesse for a negotiable term for £32,XXX.a.x.
V.A.T.
Prices quoted are exclusive of V.A.T.
E.P.C.
Available on request
Viewing
By Appointment Only
Legal
Each party shall bear their own legal costs incurred in the transaction
Title & Licence
Available on request.