Unit C, 24 - 42 Gardeners Street, Dunfermline, KY12 0RN
Size
2,881
Tenure
Freehold
EPC
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Parking
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- Primary use
- Warehouse
- Other use(s)
- Light industrial, Other
Key features
- Car garage investment located in prominent position in Dunfermline City Centre
- 25 year lease from 15/04/2021
- Annual rental payable of £18,000 - £6.25 per sq.ft
- Well presented, good quality garage investment
- On site yard and parking provision
- Gross Yield of circa 8.2%
- Offers in the region of £220,000 plus VAT are invited
Description
The subjects comprise a semi detached, single storey industrial workshop currently trading as a vehicle repair workshop. The larger unit forms an L shape building around a surfaced parking/yard area with the sale property fronting directly onto the car park and Gardeners Street itself.
The building is of brick/block construction, rendered externally under a pitched roof clad in profile metal sheeting. Access is by a roller vehicle entrance door or pedestrian pass doors.
The property also benefits from a shared parking/yard area to the front which is fully surfaced and delineated for parking with the subjects benefiting from circa 6 dedicated spaces and direct access to their vehicle entry point.
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 subjects occupy a prominent position on Gardeners Street, lying within the main Dunfermline City Centre. They are located just behind the Carnegie Retail Park which is home to Puregym, Matalan and B & and Q. They front directly onto Gardeners Street and benefit from a range of operators nearby including C R Smith, Sitech Racing and Taylor Sulliven Funeral Directors.
Terms
The subjects are offered for sale at offers over £220,000 plus VAT. Offers should be submitted directly to the sole selling agents.
Legal Costs
Each party is to be responsible for their own legal costs.
Lease Details
The lease is to Profix Auto Care Ltd having been assigned in December 2024. The lease is of a Full Repairing and Insuring design incorporating Rent Reviews on a 5 yearly basis. The current passing rental is £18,000 equating to approx £6.25 per sq.ft. There is an outstanding Rent Review from April 2026 which can be instigated.
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- Listed building
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Brochure
Unit C, 24 - 42 Gardeners Street, Dunfermline, KY12 0RN
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Disclaimer - Property reference 349149-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by DM Hall LLP, Fife. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.