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Office Premises For Sale , Kingdom House Kingdom Avenue, Glenrothes, KY7 5LY

32,777 Sq Ft / Offices

Withdrawn - Last updated: 02 February 2022

 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 plan with individual office rooms.

Town centre parking is available with the possibility of private parking being made available with existing council car parks.

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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.

Accommodation

Ground Floor 429.65 sq m (4,624 sq ft )

First Floor 499.64 sq m (5,377 sq ft )

Second Floor 528.96 sq m (5,693 sq ft )

Third Floor 528.96 sq m (5,693 sq ft )

Fourth Floor 528.96 sq m (5,693 sq ft )

Fifth Floor 528.96 sq m (5,693 sq ft )

Total 3,045.13 sq m (32,773 sq ft)

Terms

RATEABLE VALUE The subject property is currently not assessed separately for rates. Any new occupier will require the property to be reassessed for rating purposes.

TENURE Freehold (heritable).

VAT The property is exempt from VAT. EPC Rating “C”. There is a District Heating system available in the immediate vicinity and connection into that system may be available subject to agreement.

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. USES / PLANNING The subject are currently occupied as class 4 (Office), all in terms of the Town and Country Planning (Use Classes) (Scotland) Order 1997. Development applicants should contact the Councils Development Services (development.central@fife.gov.uk) to consider the Pre Application process. It is accepted that a range of uses would be acceptable under the framework of the Town Centre, including, Class 1 (retail), Class 2 ( Professional Services), Class 3 (Food & Drink), Class 4(Business), Class 8 (Residential Institutions), Class 9 (Houses), Class 10 (Non Residential Institutions) or Sui Generis.

Specification

  • Prominent location on Kingdom Avenue within centre of Glenrothes
  • Close to Kingdom Shopping Centre and new retail development directly opposite
  • Extends to 3,045.13 sq m (32,773 sq ft) on a site of 0.28 Acres (0.11 Hectares)
  • Glenrothes Bus Station within walking distance and free public parking
  • Offers over £260,000 exclusive for sale
  • Suitable for variety of potential uses
  • Town Centre parking available with the possibility of private parking being made available within existing council car parks


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