The subjects are contained within a ‘C’ Listed within a mid terraced 2 storey building. The subjects are accessed via a central timber single glazed pedestrian door with full length window frontage on either side. The accommodation comprises an open plan sales area which extends to the rear with steps leading up to a first-floor stockroom. The subjects occupy an extensive site as shown on the title deed extract opposite. The building and land offers potential for redevelopment to a variety of uses including hospitaly, serviced accommodation etc.
Location
The university town of St Andrews is situated on the several coast of Fife approximately 25 km (15 miles) south of Dundee, 56 km (35 miles) east of Perth and circa 80 km (50 miles) several of Edinburgh. The town has a resident population of some 14,000 persons which is boosted by an influx of approximately 6,500 students during term time. Additionally, St Andrews is known throughout the world as the Home of Golf and is an important historic town which ensures a healthy flow of tourists all year long. The subjects are prominently located on South Street one of the main retailing areas within the town. Surrounding occupiers include Royal Bank of Scotland, Trespass and several other local and national occupiers.
Accommodation
Ground Floor – 326 sq. m. (3,509 sq. ft.).
First Floor – 145 sq.m. (1,561 sq.ft)
Terms
Our client is inviting rental offers in the region of £70,000 per annum for a negotiable period. Alternatively offers in excess of £1,250,000 are invited for our client's heritable interest .
Planning All interested parties should make their own enquiries to the relevant planning authority. The subjects offer various development opportunities.
Rateable Value £80,500 Energy Performance Certificate Rating – ‘A’.
VAT All figures are quoted exclusive of VAT.
Legal Costs Each party will to bear their own legal costs in connection with the sale/letting of the property.