The premises comprise a prominent multi windowed restaurant unit arranged over the ground floor only of a single storey building.
Internally there are two main seating areas at the front of the property. To the rear there are kitchen facilities with extraction, WC facilities and a rear fire escape.
Location
Kirkcaldy is located approximately 25 miles north of Edinburgh and is one of the largest towns in Fife with a resident population of around 50,000 people and a catchment of around 200,000.
The subject premises are located in a highly prominent corner position on High Street with return frontage onto Whytehouse Avenue.
Nearby occupiers include Charles Clinkard Shoes, JD Wetherspoons, Planet Organica Manifesto Clothing and Trespass.
Accommodation
The main dimensions and net internal area are as follows:
Net Frontage - 18 ft 7 ins (5.66 m)
Return Frontage - 16 ft 7 ins (5.05 m)
Ground Floor - 1,959 sqft (181.99 sqm)
Terms
RATING - We are verbally advised by the local Assessors department that the subjects have been reassessed from April 2023 as follows:
Rateable Value £17,400
Commercial Rate Poundage £0.49
(exclusive of water and sewerage rates)
Subject to occupier status the ingoing tenant could qualify for tapered rates relief. Please make enquiries with the local Council.
RENT - Offers in excess of £17,500 per annum exclusive are invited.
LEASE TERMS - The premises are available on the basis of a new full repairing and insuring lease for a minimum term of 10 years subject to 5 yearly upward only rent reviews.
PLANNING - The premises currently benefit from Class 3 (Restaurant) consent.
The premises would also be suitable for Class 1 (Retail) and Class 2 (Office) uses.
The premises benefit from an alcohol licence, with further details available upon request.
LEGAL COSTS & VAT - Each party is to be responsible for their own legal costs incurred in connection with this transaction with the ingoing tenant to be responsible for Land and Buildings Transaction Tax (LBTT), registration fees and any VAT incurred thereon.
ENERGY PERFORMANCE CERTIFICATE - EPC rating details available upon request.