Office Investment For Sale, 12-14, St. Catherine Street, Cupar, KY15 4LS

The subjects comprise an income producing office building laid out over ground, first, second and basement floor levels. Access to the property is directly off St. Catherine Street with 2 x access doors.

The subjects are currently let out to a variety of different tenants. Accommodation is cellular in design and well presented throughout.
( Agency Pilot Software ref: 54056 )

Location

The subjects are located in the popular market town of Cupar within the north east of Fife. The town has an estimated population in the region of 8,500 persons and is host to a mainline train station. The historical town of St. Andrews lies approximately 9 miles to the east with the larger commercial centres of Dundee and Perth lying approximately 13 & 24 miles respectively. More precisely, the property sits on the north side of St. Catherines Street, close to its junction with Crossgate and Bonnygate within the heart of the town centre. Surrounding occupiers are mixed commercial and residential in use.

Accommodation

Ground 1,927 sqft

First 1,590 sqft

Second 1,642 sqft

Basement 1,408 sqft

Terms

PRICE Offers in the region of £475,000 are invited for the Heritable Title, subject to the lease agreement in place. A purchase at this level represents a NIY of 10.43%.

LEGAL COSTS + VAT Each party to bear their own legal costs associated with this transaction. The property is not elected for VAT.

Specification

• Income producing office building
• Attractive period property
• Let to a varety of tenants
• Passing rent £51,700 per annum
• Offers in the region of £475,000
• NIY 10.43%
• VAT Free