The subjects comprise a ground floor and basement retail unit contained within a three storey and basement block of retail and residential units. The unit has a traditional retail frontage of glazed windows and single leaf entrance door. The property benefits from new LED lighting, alcohol licence, and lottery. The property is currently fully fitted as a convenience store with shelving and fridges but would be suitable for/adaptable to a variety of uses. As well as parking to the front of the unit.
Location
Inverkeithing is a provincial town situated in West Fife lying a few miles east of the Forth Road and Rail Bridges. The town has a population in excess of 6,000 persons and hosts a variety of amenities catering for the local community.
Inverkeithing has strong road and rail links, having its own mainline railway station and being situated adjacent to the M90 motorway, which provides easy access in both a southerly and northerly direction. Commuter links have been enhanced by the development of the bus Park and Ride services to Edinburgh and associated road movement. The construction of the new Forth Crossing is complete and this again has improved communications.
The subjects are located on Church Street on the western periphery of the high street. The property fronts on to the main traffic thoroughfare leading through the town. The property is surrounded by retail and residential units.
Accommodation
The subjects have a net internal area of 163 sq m (1,756 sq ft) or thereby, providing the following accommodation all on the ground floor:
Ground Floor: Main retail area, staff/ facility and WC facilities.
Basement: Large storage area
The above areas have been calculated for valuation purposes and should be used for no other purpose whatsoever.
Terms
RENT - Our client seeks offers in the region of £13,000 per annum
LEASE TERMS - The property is available by way of a full repairing and insuring lease for a negotiable duration.
ASSESSMENT - We have consulted the Scottish Assessors website (www.saa.gov.uk) and note that the premises are entered in the current Valuation Roll as follows:
Rateable Value: £4,650
We are advised that the current business rate is 48.0 pence.
Under existing legislation a new occupier has the right to appeal against this assessment.
ENERGY PERFORMANCE RATING - The property has an EPC rating - Full documentation available on request.
Specification
- Prominent Fully Fitted Retail Unit Suitable for a Variety of Uses
- Net Internal Area 163 sq m (1,756 sq ft)
- Available immediately
- 100 Per Cent Rates Exempt
- £13,XXXer annum