Poundstretcher 66 High Street Kirkcaldy Fife KY1 1NB

Poundstretcher
66 High Street
Kirkcaldy
Fife
KY1 1NB

Heritable Retail Investment

Prominent unit on the High Street let to Poundstretcher Limited
Nearby occupiers include Burton/Dorothy Perkins, Trespass and The Mercat Shopping Centre
Close to the bus station and town centre car parks
Potential to redevelop upper parts (subject to obtaining the necessary planning consents)
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
71
Auction
10th December 2015
Rent
£65,000 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Important Update Interested?

Expand
Photos
Map

Heritable Retail Investment

Prominent unit on the High Street let to Poundstretcher Limited
Nearby occupiers include Burton/Dorothy Perkins, Trespass and The Mercat Shopping Centre
Close to the bus station and town centre car parks
Potential to redevelop upper parts (subject to obtaining the necessary planning consents)
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 71
Auction 10th December 2015
Rent £65,000 per Annum Exclusive
Status Sold Prior
Price
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 28 miles north-east of Edinburgh, 12 miles east of Forth Road Bridge
Roads: A92
Rail: Kirkcaldy (40 minutes to Edinburgh Waverley)
Air: Edinburgh Airport (26 miles south)

Situation

Kirkcaldy is a popular town in Central Fife, with road connections via the A92 and on to the A90, the main trunk road north of Edinburgh. The new Queensferry crossing (road bridge across the Firth of Forth) will improve links with the capital further when it opens in 2016. Kirkcaldy has a population of approximately 45,000, and a regional catchment of over 300,000 people. The property is well located at the western end of the High Street close to the junction with Whytecauseway. Occupiers nearby include, William Hill, Trespass, Betfred and Burton/Dorothy Perkins.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Location

Miles: 28 miles north-east of Edinburgh, 12 miles east of Forth Road Bridge
Roads: A92
Rail: Kirkcaldy (40 minutes to Edinburgh Waverley)
Air: Edinburgh Airport (26 miles south)

Situation

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a large retail unit on lower ground, ground floor and one upper floor. The first floor is not used by the tenant and is not accessible but may provide a redevelopment opportunity to an alternative use (subject to the necessary consents).

Five Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Lower Ground Ground First (1) Garage	Ancillary Retail Unused	392.00 sq m 836.70 sq m Not Measured 56.52 sq m	4,226 sq ft) (9,006 sq ft) (608 sq ft)	POUNDSTRETCHER LIMITED (2)	15 years from 29/08/2002 on a full repairing and insuring lease	£65,000	28/09/2017
Building Total (1)		1,285.22 sq m	(13,840 sq ft)			£65,000

(1) The first floor accommodation is not accessible and has not been measured.
(2) Established in 1981 Poundstretcher is the UK’s leading variety discount retailer. Poundstretcher has over 400 stores nationwide and employs over 6,000 people. (Source: www.poundstretcher.co.uk 28/08/2015)