Located on well established Pitreavie Business Park
Two storey office building with 18 car parking spaces
Let to Clear 2 Pay Scotland Ltd on a lease expiring 2021
Tenant in occupation since 2003 (2)
Lot 45
Auction 23rd May 2019
Rent £45,000 per Annum Exclusive
Status Sold
Price £327,000
Sector Office
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
On Instructions of Receivers
Property Information
Location
Miles
2 miles south of Dunfermline town centre
17 miles north-west of Edinburgh
23 miles east of Stirling
49 miles east of Glasgow
Roads
M90, A985, A823(M)
Rail
Rosyth Railway Station
(31 minutes to Edinburgh Haymarket)
Air
Edinburgh International Airport (8 miles south)
Situation
Dunfermline is a popular and affluent commuter town to the north of the River Forth. The town is now very well connected to Edinburgh via Queens Crossing bridge between Rosyth and South Queensferry. Pitreavie Business Park is Fife's premier business park, being well located on the A823 which connects to the town centre to the north and the A823(M)/M90 to the south-east. The M90 connects Perth with the A9 and Edinburgh. The property is located on Pitreavie Court, close to its junction with Queensferry Road (A823). Occupiers nearby include Royal Bank of Scotland, Flexspace Business Centre and Hardies Surveyors.
Tenure
Heritable. (Scottish equivalent of English Freehold)
Location
Miles
2 miles south of Dunfermline town centre
17 miles north-west of Edinburgh
23 miles east of Stirling
49 miles east of Glasgow
Roads
M90, A985, A823(M)
Rail
Rosyth Railway Station
(31 minutes to Edinburgh Haymarket)
Air
Edinburgh International Airport (8 miles south)
Situation
Dunfermline is a popular and affluent commuter town to the north of the River Forth. The town is now very well connected to Edinburgh via Queens Crossing bridge between Rosyth and South Queensferry. Pitreavie Business Park is Fife's premier business park, being well located on the A823 which connects to the town centre to the north and the A823(M)/M90 to the south-east. The M90 connects Perth with the A9 and Edinburgh. The property is located on Pitreavie Court, close to its junction with Queensferry Road (A823). Occupiers nearby include Royal Bank of Scotland, Flexspace Business Centre and Hardies Surveyors.
Tenure
Heritable. (Scottish equivalent of English Freehold)
Description
The property comprises a detached two storey office building with 18 marked car parking spaces. The office accommodation provides suspended ceilings with integral lighting.
VAT
VAT is applicable to this lot.
Viewings
Please contact Mhairi Jarvis on 44 (0)7718 899341
EPC
Available in the legal pack at acuitus.co.uk
Description
The property comprises a detached two storey office building with 18 marked car parking spaces. The office accommodation provides suspended ceilings with integral lighting.
VAT
VAT is applicable to this lot.
Viewings
Please contact Mhairi Jarvis on 44 (0)7718 899341
EPC
Available in the legal pack at acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First
Office Office
221.41 sq m 220.21 sq m
(2,383 sq ft) (2,370 sq ft)
CLEAR 2 PAY SCOTLAND LIMITED t/a FiS (1)
A term of years expiring 21/06/2021 (2)
£45,000
21/06/2021
Total
441.62 sq m
(4,753 sq ft)
£45,000
(1) For the year ended 31st December 2017, Clear 2 Pay Scotland Limited reported a turnover of £4,806,679, pre-tax profits of £1,040,555 and a negative net worth of -£1,005,568 (Source: Experian Group 24/04/2019). The ultimate holding company is Fidelity National Information Services Inc. (2) Clear 2 Pay Scotland Limited formerly known as Level Four Software Limited (Source: Companies House 26/04/2019).