Prime Retail Unit
Subject to Vacant Possession
St Andrews is an affluent town situated on the east coast of Fife and is particularly popular with tourists with c. 670,000 visitors per year. The premises are situated on the south side of South Street. Nearby occupiers include Zizzi, Bank of Scotland, Trespass, WH Smith and a number of independent retailers.
The subjects comprise a ground floor sales area and lower floor accessed separately which we calculate extend to the following net internal areas:
Ground Floor: 2,428 sq ft / 225.65 sqm
Basement: 362 sq ft / 33.64 sqm
Total: 2,790 sq ft / 259.29 sqm
Offers over £65,000 pa exclusive are invited.
The subjects are available by way of a new FRI lease for a term to be agreed.
Rateable Value: £55,250
UBR (2020/21): £0.511
Rates Payable: £28,232 pa
This property benefits from Class 2 consent.
This property has an EPC rating of E.
Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
ORINSEN, their clients and any joint agents give notice that:
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It is assumed that the property has all necessary planning, building regulations or other consents and ORINSEN have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.Unless otherwise stated all prices and rents are quoted exclusive of VAT. Prospective purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.