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Retail Investment, 31-33 Bridge Street, Dunfermline, KY12 8AQ

2,662 Sq Ft / Retail / Investment

For Sale - £200,000.00

Available - Last updated: 16 October 2024

The property is arranged over ground, first, basement and attic floors and is currently tenanted by a carpet retailer. Internally, the property provides open plan retail accommodation on the ground floor, with further retail or office space on the first floor and attic level. There is also a basement for storage.
 
The property is bright and benefits from a traditional retail frontage.

Location

Dunfermline is one of Fife’s principal centres of commerce, with a population of 55,000 and a catchment area exceeding 150,000 people. The city occupies a key location within Fife, situated several miles north of the Queensferry Crossing, the Forth Road and Rail Bridges and adjacent to the M90 motorway.
 
The property is located on the south side of Bridge Street in the heart of Dunfermline city centre. Bridge Street is a continuation of High Street. The property occupies a prominent position, benefiting from a high volume of passing vehicular and pedestrian traffic.

Accommodation

Ground A - 830 sq ft

Ground B - 314 sq ft

First 1F - 583 sq ft

Attic - 282 sq ft

Basemnent - 653 sq ft

Terms

LEASE TERMS:
The property is currently let to Almor Carpets on a 15-year FRI lease at a passing rent of £16,000 per annum. The lease agreement is until October 2032 with a Rent Review due in October 2027.
 
ENERGY PERFORMANCE:
A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request.
 
NON-DOMESTIC RATES:
According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £15,500 per annum.
 
SALE TERMS:
Offers in the region of £200,000 are invited.
 
LEGAL COSTS:
Each party will be responsible for paying their own legal costs incurred in any transaction.
 
VAT:
All prices quoted are exclusive of VAT which may be chargeable.

Specification

  • Busy retail business in prominent Dunfermline City location
  • Investment opportunity with 15-year tenancy agreement until October 2032
  • Opportunity to acquire a longestablished retail store
  • Current passing rent of £16,000 per annum
  • Offers in the region of £200,000 are invited

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in the Region of For Sale Freehold £200,000.00 NA

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Contact agents

Lois Paterson

DM Hall

01383 650360

Fife Agency

DM Hall

01383 650233

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