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Office Investment For Sale, 31, Canmore Street, Dunfermline, KY12 7NU

3,428 Sq Ft / Offices

Withdrawn - Last updated: 11 December 2020

The subjects comprise a two story and attic building which is end terraced, stone-built and held under a pitched and slated roof. The unit is accessed from the front elevation which incorporates a single personal access door. The property benefits from a small private courtyard to the rear with rear exit door.

Internally, the offices are of a cellular nature. The flooring throughout is a mix of solid concrete and suspended timber construction overlaid with carpet or linoleum. The walls and ceilings are plasterboard and painted and lighting is afforded via florescent tube lighting. The windows are of single glazed and timber frame design.

( Agency Pilot Software Ref: 49579 )

Location

Dunfermline is one of Fife’s principal centres of commerce and has a resident population now in excess of 50,000 persons and a catchment area estimated to be in the region of 150,000. The town occupies a key position within Fife, a few miles north of the Forth Road & Rail Bridges, and adjacent to the M90 Motorway.

Dunfermline has experienced significant levels of economic expansion over the course of the last 15 years with the most significant project being the development of the Dunfermline East Expansion Zone which provides a mixture of residential, leisure and business uses. Dunfermline also lies on the Fife Circle rail network which connects all of Fife’s principal towns with Edinburgh to the south. The subjects are situated on the south side of Canmore Street within a 5-minute walk to Dunfermline High Street. Canmore Street runs parallel to Abbey Park Place and Dunfermline High Street.

Accommodation

Ground, First and Attic 318.50 sq m (3,428 sq ft )

Total 318.50 sq m (3,428 sq ft )

Terms

PRICE Offers in the region of £300,000 exclusive of VAT. Net Initial Yield of 11.72%.

RATEABLE VALUE In accordance with the Scottish Assessors Association we have been advised that the subjects have a total rateable value of £27,300

LEGAL EXPENSES AND VAT Each party is to bear their own legal costs and the ingoing tenant will be responsible for the land and buildings transactional tax, registration dues and VAT incurred in connection with this transaction.

EPC Available on request.

Specification

• Located within a prominent location on Canmore Street
• Offers in the region of £300,000 exclusive of VAT which shows a NIY 11.72%
• The property extends to 318.50 Sq M (3,428 Sq Ft)
• Total rental income £36,313 per annum exclusive of VAT
• Let to Conservative MSP’s, D X Network Services Ltd, Geo Doors Ltd, Anna Meyers And Dedicaked


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