Shop premises contained on part of the ground floor of a 3 storey and attic traditional building of stone and slate construction.
Location
Cupar is a former market town in north east Fife having a resident population of around 9,000 but which also serves as a centre for a large rural hinterland. The town centre contains a mixed range of commercial businesses with established industrial and other business users located within business parks and industrial estates on the eastern outskirts of the town.
Cupar lies approximately 15 miles north-east from Glenrothes, the main administrative and commercial centre of the area, while the historic university town of St Andrews is some 9 miles due east. The cities of Perth and Dundee are within convenient travelling/commuting distance while the town also benefits from a main line railway station together with good road links which provide easy access to the central Scotland motorway network.
The premises are situated off the east side of Crossgate a short distance south from its junction with The Cross/ St Catherine Street, within the main town centre. This location is within the prime retailing section of the town and benefits from a good level of footfall and a high volume of passing traffic. Nearby occupiers include Boots, Nationwide Building Society, Greggs and Minnick Butchers together with a number of local businesses and traders.
Accommodation
The subjects have a gross internal area of 48 sq m (516 sq ft) with the accommodation over 3 floors as follows.
Ground floor – Entrance Vestibule and main Retail/Display.
Lower ground floor – Display/Sales
Upper floor – Staffroom/Store, Kitchen area and Toilet.
Terms
ASSESSMENT:
We have visited the Fife Assessor’s website (www.saa.gov.uk) and note that the premises are entered in the current Valuation Roll as follows:-
Rateable Value - £6,100
The Uniform Business Rate (UBR) for the financial year 2020/2021 is XXX
Small business relief may be available and this should be checked with Fife Council.
ENERGY PERFORMANCE:
A copy of the Energy Performance Certificate (EPC) for the subjects will be made available on request – Rating G.
LEASE TERMS:
Our client seeks a longer lease but will be flexible in approach to lease terms.
RENTAL:
An initial rent in the region of £8,500 per annum exclusive is anticipated.
OFFERS:
Prospective tenants should agree the main Heads of Lease in writing with the Marketing Agents and thereafter our client’s solicitors will issue formal lease documentation.
ENTRY :
Immediate entry can be given on completion of missives.
GENERAL REMARKS:
The premises occupy a prime retail position within the main town centre of Cupar with the accommodation suitable for various Class 1 retail uses; the unit was previously occupied on a Class 2 basis.
VAT:
All prices/rents quoted are exclusive of VAT and our client reserves the right to charge VAT if applicable.
Specification
- Town centre location
- Gross internal area 48 sq m (516 sq ft)
- Immediate entry available
- Flexible terms
- Rental offers in the region of £8,500 per annum invited