Retail Unit To Let
Glenrothes is a popular new town located in Fife, approximately 30 miles to the north of Edinburgh and 20 miles south of Dundee. The town has a residential population in the region of 40,000 and a population within 20km of over 250,000. Newbridge Retail Park is situated on the north side of South Parks Road, a busy main road through the west of central Glenrothes. The subjects sit approximately half a mile from Glenrothes town centre and is easily accessible from the main arterial roads and frequent bus services. The surrounding area is predominantly residential with Glenwood High School, Glenrothes High School and numerous primary schools within walking distance. Nearby retailers include Barnardos, Papa Johns, Tesco Express, McColl’s, Domino’s Pizza and Shell Petrol Station.
The subject property is arranged over the ground floor comprising the following approximate net internal area:
Ground Floor: 982 sq ft / 90 sqm
The subjects are available on a new FRI lease.
The estimated service charge for the current financial year is £3,996 pa.
Rental offers of £17,000 pa are invited.
Rateable value: £18,500
UBR (2023/24): £0.498
Rates payable: £9,213 pa
The premises benefit from Class 1A consent. An EPC report is available on request.
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.
In order to comply with anti-money laundering legislation, the successful tenant will be required to provide certain identification documents. The required documents will be requested at the relevant time.
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.