For sale

133 High Street & 24 Hill Street, Kirkcaldy, KY1 1LR

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By Prior appointment only. To arrange a viewing please contact:

Peter Fleming
07968 566670
Contact Peter Fleming

For sale

Region: Scotland
Property Type: Retail
Sale Price: We are instructed to seek unconditional offers in excess of £180,000 for the Heritage interest of the above property, excluding standard purchaser’s costs.

Heritable retail premises in Kirkcaldy, located on the east coast of Scotland, approximately 20 miles north east of Edinburgh.

The subjects are located on Kirkcaldy’s High Street within the most popular pitch in close proximity to The Mercat Centre as well as The Postings Shopping Centre. Nearby occupiers include Boots, Clarks, Nationwide and JD Sports.

The building is a mid terraced property of traditional stone construction with a timber roof that is pitched and slated with flat sections incorporating valley gutters and lead flashing.

The former bank unit is arranged over ground and one upper floor/ mezzanine level, which is accessed via the High Street. There are a further 3 upper floors occupied by Sacro, which is accessed via Hill Street to the rear and has a separate address – 24 Hill Street. In addition, there is space to the rear of the property that is being utilised for car parking.

Sacro have been in occupation since 1996 on an Internal Repairing and Insuring lease that was re-geared in 2016 until 8 April 2021 with a tenant only break in 9 April 2019 paying £16,000 per annum. Whilst Santander remain the landlord there remains a cap on any Service Charge contribution.

Accommodation

The unit extends to the following approximate floor areas:

133 High St NIA Sq m   Sq ft
Ground 166.8 / 1,795
First (Mezzanine) 28.8 / 310
Total 195.6 / 2,105

 

133 High St GIA Sq m   Sq ft
Ground 194.2 / 2,090
First (Mezzanine) 38.0  / 409
Total 232.2 / 2,499

 

  Sq m    Sq ft 
ITZA 144.5 / 1,555

 

24 Hill St NIA Sq m   Sq ft
First 104.1 / 1,121
Second 85.0  / 915
Third 85.6 / 921
Total 253.3 / 2,727


 
Rates 

Rateable Value    
133 High Street   £31,700
24 Hill Street   £15,700

 

UBR 2018/19   £0.48


Interested parties should verify these figures with the Local Authority.

Location

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Viewing
By Prior appointment only. To arrange a viewing please contact:

Peter Fleming
07968 566670
Contact Peter Fleming