Fife Council Kingdom House, , Glenrothes, KY7 5LY

LOCATION Glenrothes itself is the third largest settlement in Fife with a residential population now estimated to be in the region of 50,000. It is situated equidistant between Edinburgh and Dundee with Edinburgh being 30 miles to the south and Dundee a similar distance to the north and sits on the A92 Fife Regional Road, which continues to Dundee and Aberdeen beyond.

The subjects are located on the west side of Kingdom Avenue close to its junction with Leslie Road. Nearby occupiers include Lidl, Kingdom Shopping Centre and Greggs. A new retail development is under construction directly opposite which will include M&S and Tony Macaroni.


DESCRIPTION The subjects comprise a six-storey detached building of sectional concrete construction surmounted by a flat roof.

Internally, the ground floor level contains reception area, offices, lift and WC facilities. The upper floors are mainly open plann with individual office rooms.

ACCOMMODATION
We have calculated the net internal floor areas as follows:




Description


Sq m


Sq ft




Ground Floor


429.65


4,624




First Floor


499.64


5,377




Second Floor


528.96


5,693




Third Floor


528.96


5,693




Fourth Floor


528.96


5,693




Fifth Floor


528.96


5,693




Total


3,045.13 sq m


32,773 sq ft





RATEABLE VALUE
The subjects will have to be reassessed after occupation.

TENURE
Freehold (heritable).

VAT
Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.


EPC
Rating C.

LEGAL COSTS
Each party to bear their own legal costs in the connection with this transaction and any LBTT, registration dues and any VAT incurred thereon.
MONEY LAUNDERING
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also and any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.
PLANNING
Interested parties should make their own enquiries to the local planning authority, Fife Council, in relation to any proposed uses for the property.
PRICE
Our client is seeking offers over £260,000 exclusive for sale.
In terms of letting POA.