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

Region: Scotland
Property Type: Retail

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:

 Rates 

Interested parties should verify these figures with the Local Authority.

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