This property is no longer on the market
Property
Property description & features
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Vacant
- AUCTION DATE: 30 May 2024
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
Modern single storey office building (built 2006) with further office accommodation at attic level. Please note a Notice to Quit has been served on the original tenancy agreement. This agreement expires on the 31st of December 2024. Full vacant possession available form this date. Net Area: 1,550 Sq.Ft (144.2 Sq.M) Former bakehouse and store lying at the west side of Cupar Road. Historically, the premises were used for offices for a property development company and more recently for retail, office and for a bicycle business. Constructed 2006. COMPRISES: Ground floor access into main reception area with stairwell to upper level. GROUND FLOOR: Large main office space with window to front and rear, fitted kitchen area, toilet facilities and rear self contained office suite. FIRST FLOOR: Large open plan office space with velux windows to front and rear and fitted kitchen area, toilet facilities and self contained meeting room office. The premises provide flexibility to be let to separate owners over ground and attic floors. Features perimeter CCTV and external lighting. Security Alarm. Net Internal Area: Ground Floor - 695 Sq.Ft (64.65 Sq.M) Attic - 855 Sq.Ft (79.55 Sq.M) Total - 1,550 Sq.Ft (144.20 Sq.M) Option to buy and let on each floor individually as separate occupiers over ground and attic floors. Previously let to three individual operators. We understand the premises are entered in the Valuation Roll providing a total Net Annual Value/Rateable Value of £8,250. At this level the subjects qualify for full rate relief under the Small Business Bonus Scheme. VAT applicable on purchase price. Title Number: FFE57895 Tenure: Freehold. A modern office premises with potential for change of use to residential (subject to consents) for self-contained studio apartments, in a fantastic rural location close to St Andrews. Fife’s beautiful and varied coastline includes several good sandy beaches such as those at Kingsbarns, Elie and St Andrews. State schooling is available locally with private schooling being provided at St Leonards in St Andrews. There are railway stations at Cupar, Ladybank, Markinch and Kirkcaldy with Edinburgh Airport just over an hour away.
Auction Details
30 May 2024, 10am-3pm
Timed Online Auction
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