Property Details

31-35 High Street
Fife, Leven

£25,000 P.A.

Request a Viewing

PropertyDescription

LOCATION

The property is located in the town of Leven on the southern shores of Fife approximately 8 miles to the east of Kirkcaldy.

There is a good passing trade as the High Street is the main shopping thoroughfare with local traffic and footfall throughout the day. The High Street is pedestrianized with ample car parking in neighboring streets.

The site enjoys excellent passing trade generated by the number of residential dwellings in the area, local business and the Bus Station. Surrounding occupiers include Clydesdale Bank, Superdrug, Optical Express, William Hill, Poundland, Iceland and New Look along with other local retailers.

DESCRIPTION

The subjects comprise two adjoining traditional buildings on a prominent corner location. There is extensive window frontage which spans the High Street/ Bank Street elevation on both ground and first floor levels.

The main building which fronts the high Street covers four floors, basement to second floor, whilst the property on Bank Street covers ground to second floor. The buildings were previously Cummings Department store, a Leven institution. The buildings are now vacant.

The buildings can either be let as one unit or can be split into two separate units. The two buildings interconnect at ground and first floor levels.

TOWN PLANNING

We understand the property currently benefits from Class 1 use, however, there is an application for change of use to Class 3 (Food and Drink) currently with Fife Council for consideration.

ACCOMMODATION

According to our recent measurement survey the premises contain the following approximate Gross Internal Area:

705.2 sq m (7,591 sq ft)

Front building on High Street:-

Ground floor: Open plan retail space
First floor: Open plan retail space
Attic floor: Storage
Lower ground: Retail and storage areas

Side building on Bank Street:-

Ground floor: Open plan retail space
First Floor: Retail area/ WC/ Staff Areas
Second floor: Offices, Staff area, Storage, WC

LEASE

The subjects are offered on a full repairing and insuring basis with a minimum lease term of 5 years sought. Consideration will also be given to longer-term interests depending upon specific occupier requirements.

RENTAL

Our client is seeking £25,000 per annum.

RATEABLE VALUE

According to the Scottish Assessor's website (www.saa.gov.uk) the subjects have a Rateable Value of £40,500. The uniform business rate for the current year is £0.484 pence in the pound.

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Certificate is pending.

SERVICES

The property is served by mains electricity and water.

ENTRY

Upon completion of a formal missive under Scots Law.

LEGAL COSTS

Each party is responsible for their own legal costs but the ingoing tenant will be liable for any Registration Dues and LBTT relating to this transaction.

VIEWING

Strictly by appointment via the sole selling agents, IME Property.

PropertyOverview

  • Property ID:P309
  • Postal Code: KY8 4ND
  • Status:For Rent
  • Type: commercial
  • Class:1 (Retail)
  • Property Size:7,591 sq ft
  • Price:£25,000

ExtraInformation

ShareThis Property

Bill Adams

Bill Adams

If this property is of interest and you would like further details, or want to arrange a viewing, please contact our property agent on the following details.

SimilarProperties