Bon Marche Retail Investment | Passing £35,000p.a.x. | Expiry 2034 | Price o/o £275,000

 

Summary

  • * Heritable freehold shop investment in a busy pedestrianised town centre location
  • *Situated on busy main retailing thoroughfare
  • *Substantial retail premises
  • * Let to Bonmarche Properties Limited on a lease until 2036
  • * Current rent reserved of £35,000 per annum
  • * Total accommodation of approximately 3,173sq ft (294.77 sq m)
  • * Price: o/o £275,000

Location

Kirkcaldy is a historic former royal burgh and the second-largest town in Fife, situated on the east coast of Scotland approximately 26 miles north of Edinburgh and 30 miles south of Dundee. The town has a population of around 51,000 within the main settlement and serves a wider catchment of approximately 60,000 across the Kirkcaldy area, acting as a key retail and service centre for surrounding communities.

The property benefits from excellent transport links. Kirkcaldy Train Station lies only 0.4 miles away and provides regular services to Edinburgh (around 45 minutes) and other destinations. The A92 offers easy access to the M90 motorway, connecting the town efficiently to the Central Belt and beyond. The High Street location is diagonally opposite an entrance to The Mercat Shopping Centre and close to a strong mix of national retailers including Boots, JD Sports, Vision Express, EE, Holland & Barrett and Pandora.

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Further Information

Price Offers in excess of £275,000

Rates Payable Upon Enquiry


Description

The property comprises a substantial mid-terrace retail unit arranged over ground and first floors, forming part of a larger building (the remainder of which is excluded from the sale). It occupies a prominent position on the west side of the High Street in the heart of the pedestrianised town centre, benefiting from high footfall and strong surrounding retail activity.

Internally the accommodation totals approximately 3,173 sq ft (294.77 sq m), comprising a large ground floor sales area of 2,571 sq ft (238.9 sq m) and first floor ancillary/storage space of 601 sq ft (55.87 sq m). The unit is currently configured for fashion retail use and benefits from a traditional shop frontage with good display windows.