The subjects comprise converted workshop accommodation with both secure and open yard accommodation. The main accommodation includes a former Indoor Market area together with office/WC accommodation. Two smaller storage units adjoin the main warehouse. The buildings to the east of the site are freestanding and comprise a 3 bay warehouse with a mezzanine staff/storage area and yard. The site offers excellent potential for a variety of uses including commercial and development opportunities. Our clients will consider splitting the site in two as indicated on the attached plan. Interested parties should make their own enquiries to Fife Council.
Location
The subjects are situated close to Cupar Town Centre on a site fronting both Front Lebanon and Burnside North. The property has good access to the town and the A91 St Andrews Road via East Burnside.
Accommodation
The property has the following Gross Internal Areas (GIA):
• Former Market/Workshop with Office & Reception (Lot1) - 1,230 sq m (13,242 sq ft)
• 3 Bay Warehouse (Lot 2) - 732 sq m (7,880 sq ft)
Total GIA - 1,962 sq m (21,122 sq ft)
The total site area is approximately 1.06 acres (0.43 ha).
Terms
BUSINESS RATES
We are advised that the entire subjects are entered in to the Valuation Roll with a NAV/RV of £42,000. The uniform business rate for the 2013/2014 financial year is 46.2 pence in the pound for rateable values under £35,000 plus a 0.9 pence supplement for rateable values over £35,000.
TERMS
Offers are invited for our client’s heritable interest as a whole or in 2 Lots. The site is priced at £350,000 as a whole or £175,000 per Lot.
LEGAL COSTS
Each party will be responsible for their own legal costs. Any purchaser will be responsible for any Stamp Duty Land Tax, Registration Dues and VAT thereon.
ENTRY
By agreement.