Comprises a ground floor Retail Unit with a self-contained Hairdressers Salon on the first floor
Town Centre location close to the High Street and the Kingsgate Shopping Centre.
Adjacent to the town's bus station.
Nearby occupiers include JD Weatherspoon, Sports Direct, WH Smith and Clydesdale Bank.
Lot 39
Auction 24th September 2021
Rent £20,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector Restaurant
Auction Venue Live Streamed Auction
Property Information
Location
Miles
18 miles north-west of Edinburgh,
22 miles east of Stirling
Roads
M90, A92, A985
Rail
Dunfermline Town Railway Station
(40 minutes to Edinburgh Waverley)
Air
Edinburgh International Airport (11 miles south)
Situation
The property is situated on the east side of Cross Wynd in Dunfermline town centre. The Kingsgate Shopping Centre is located nearby, with occupiers including Marks and Spencer and Boots the Chemist. Other nearby occupiers include JD Weatherspoon, Primark, Sports Direct, WH Smith and Clydesdale Bank.
Tenure
Heritable.
Location
Miles
18 miles north-west of Edinburgh,
22 miles east of Stirling
Roads
M90, A92, A985
Rail
Dunfermline Town Railway Station
(40 minutes to Edinburgh Waverley)
Air
Edinburgh International Airport (11 miles south)
Situation
The property is situated on the east side of Cross Wynd in Dunfermline town centre. The Kingsgate Shopping Centre is located nearby, with occupiers including Marks and Spencer and Boots the Chemist. Other nearby occupiers include JD Weatherspoon, Primark, Sports Direct, WH Smith and Clydesdale Bank.
Tenure
Heritable.
Description
The property comprises a self-contained retail unit on the ground floor and a hairdressers salon on the first floor, which is accessed via a separate entrance off Cross Wynd.
VAT
VAT is not applicable to this lot.
Viewings
Please contact Mhairi Archibald
EPC
Available from the legal pack at www.acuitus.co.uk.
Description
The property comprises a self-contained retail unit on the ground floor and a hairdressers salon on the first floor, which is accessed via a separate entrance off Cross Wynd.
VAT
VAT is not applicable to this lot.
Viewings
Please contact Mhairi Archibald
EPC
Available from the legal pack at www.acuitus.co.uk.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/ (Reversion)
10
Ground
Retail/ Restaurant
71.72 sq m
(772 sq ft)
L&S FORREST LIMITED
15 years from 19/01/2018 to 18/01/2033 (3)
£11,000
15/01/2024 15/01/2029 (18/01/2033)
10A
First
Hair Salon
67.35 sq m
(725 sq ft)
INDIVIDUAL
10 years from 16/11/2020 to 15/11/2030 (1)
£9,000 (2)
31/12/2025 (15/11/2030)
Total
139.08 sq m
(1,497 sq ft)
£20,000
(1) There is a tenant break option on 31/12/2025. Please see the legal pack for further information (2) Rent commencement was 01/01/2021. Stepped rent - 01/01/2021to 31/12/2023 £9,000pa, 01/01/2024 to 31/12/2026 £9,900 pa, 01/01/2027 to 31/12/2029 £10,700pa, 01/01/2030 to 31/12/2031 £11,400pa. A rent deposit of £750 is held by the landlord. The deposit is repayable to the tenant on 31/12/2022. (3) There are tenant break options on the fifth and tenth anniversaries of the lease start. Please see the legal pack for further information.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
