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5 Durie Street, Leven, Fife, KY8 4EZ

Offers in Region of 698 sq. ft. | £100,000

Property Description

Commercial information

  • 698 sq ft (64 sq m)
  • Use class orders: A1 Shops

Key features

  • Ground Floor Retail Unit
  • Highly Visable Retail Frontage
  • NIA of approx. 64.8 sq.m. (698 sq.ft.)
  • Offers in the region of 100,000 exclusive

Full description

Tenure: Freehold

The subjects are located on the North side Durie Street a short distance from Scoonie Road within the Leven area of Fife.

The property is situated within a small parade of similar properties which include the Nationwide Building Society, The Salon and Mortgage Solutions whilst being opposite the Clydesdale Bank.

Leven forms part of the larger Levenmouth conurbation and is located on the northern shores of the Firth of Forth, circa 6 miles east of Kirkcaldy and Glenrothes which are the principal administrative centres for the wider Central Fife area.

The location of the subjects is shown on the appended plan.

The subjects comprise retail premises arranged within a mid terraced, single storey building contained under a flat roof.

The retail frontage to Durie Street is provided by way of two full height timber/glazed display windows together with a timber/glazed recessed door.

Internally the unit is arranged to provide a front retailing area together with appropriate staff ancillary facilities to the rear.

The premises have been measured in accordance with RICS Code of Measuring Practice - 6th Edition. The net internal floor areas have been calculated as being approximately as follows:

Total NIA - 64.8 sq.m (698 sq.ft)

With reference to the Scottish Association Assessors' website, the subjects are noted to have a Rateable Value of 11,000.

It should be noted that under the terms of the Small Business Bonus Scheme, the property may be eligible for 100% rates relief however; this situation should be confirmed directly with the Local Authority.

Offers in the region of 100,000 are invited for the purchase of our Client's heritable interest in the subjects.

The subjects are currently let to Cloud Vapours on a 5 year lese from 1st October 2016 at 7,200 per annum. The lease incorporates a tenant break option at the end of year one and rent review at year 3.

A copy of the EPC can be made available on request, however the rating is G

All prices quoted are exclusive of any VAT which may be chargeable.

More information from this agent

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