Fife Butchers, 4 Lyon Way, Glenrothes, Fife, KY7 5NW
For Sale
Property Summary
LOCATION Glenrothes is Fife\'s third largest town with a population approaching 40,000 persons and is located approximately equidistant to the cities of Edinburgh (32 miles) and Dundee (27 miles). Transport links are excellent with readily available access to the A92 and the M90 trunk road. The factory subjects are located on the north side of Faraday Road within the Fife Food and Business Centre. The retail unit is located within the Kingdom Shopping Centre, a primary retailing outlet within Glenrothes. Nearby occupiers include Boots, M&Co, Barrhead Travel.
DESCRIPTION The factory subjects comprise a terraced single storey, steel portal frame unit with composite panelling and pitched and clad roof. Internally is fitted out with concrete flooring, suspended tile ceiling, and plastic lined walls with fluorescent lighting. The retail property comprises a ground floor unit of brick construction with harled finish within a shopping centre. Internally, they comprise concrete flooring with part vinyl overlay, suspended tile ceiling, plastic clad walls and served with fluorescent lighting
ACCOMMODATION Site Area (Sq M) Area (Sq Ft) Factory (Gross) 224.02 2,411 Retail (Net) 95.88 1,032
LEASE INFORMATION Our client holds both properties by way of a lease agreement with the possibility to extend the current agreements. Factory: Rent - £8,400 p.a. Expiry - 23rd Feb 2021 Retail: Rent - £29,000 p.a. Expiry - 9th Dec 2021
BUSINESS Operational since 2006 and employing a total of 22 people. The retail shop offers a mixture of counters including cold meats, hot food, cold drinks, and meat; and has a refrigerated window display used for seasonal displays. Factory layout has been set out on advice of Fife Council's Environmental Department. All equipment was installed as new. Accounts will be made available to all genuinely interested parties.
RATEABLE VALUE The factory subjects are entered in the current Valuation Roll at a Rateable Value of £6,700. The retail subjects are entered in the current Valuation Roll at a Rateable Value of £14,800. Both properties therefore have the ability to qualify for 100% rates relief.
VAT Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
TERMS Our client is seeking offers in the region of £100,000 for the business , fixtures and fittings and leasehold interest.
MONEY LAUNDERING The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also and any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed
DESCRIPTION The factory subjects comprise a terraced single storey, steel portal frame unit with composite panelling and pitched and clad roof. Internally is fitted out with concrete flooring, suspended tile ceiling, and plastic lined walls with fluorescent lighting. The retail property comprises a ground floor unit of brick construction with harled finish within a shopping centre. Internally, they comprise concrete flooring with part vinyl overlay, suspended tile ceiling, plastic clad walls and served with fluorescent lighting
ACCOMMODATION Site Area (Sq M) Area (Sq Ft) Factory (Gross) 224.02 2,411 Retail (Net) 95.88 1,032
LEASE INFORMATION Our client holds both properties by way of a lease agreement with the possibility to extend the current agreements. Factory: Rent - £8,400 p.a. Expiry - 23rd Feb 2021 Retail: Rent - £29,000 p.a. Expiry - 9th Dec 2021
BUSINESS Operational since 2006 and employing a total of 22 people. The retail shop offers a mixture of counters including cold meats, hot food, cold drinks, and meat; and has a refrigerated window display used for seasonal displays. Factory layout has been set out on advice of Fife Council's Environmental Department. All equipment was installed as new. Accounts will be made available to all genuinely interested parties.
RATEABLE VALUE The factory subjects are entered in the current Valuation Roll at a Rateable Value of £6,700. The retail subjects are entered in the current Valuation Roll at a Rateable Value of £14,800. Both properties therefore have the ability to qualify for 100% rates relief.
VAT Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
TERMS Our client is seeking offers in the region of £100,000 for the business , fixtures and fittings and leasehold interest.
MONEY LAUNDERING The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also and any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed
Location
Featured Properties
6A Montagu Terrace, Edinburgh
LOCATION
The subject premises is located on the east side of Montagu Terrace close to the junctions with Ferry Road to the North and Royston Terrace to the south within the popular Inverleith area of Edinburgh approximately, 1 mile to the north of the city centre. Montagu Terrace a continuation of I...
128 – 130 Main Road, Elderslie, Johnstone, Renfrewshire
The subjects comprise of a ground floor retail unit and first floor residential dwelling contained within a two-storey tenement building.
The commercial unit benefits from a large glazed shop frontage and can be access via the dedicated pedestrian door off Main Street. Internally, the retail unitÂ...
Mullion House, Maidenplain Place, Aberuthven, Auchterarder, Perthshire
For Sale. Serviced office investment sale in popular and accessible location. Current gross income £32,505 per annum with potential for £53,000 per annum once fully let. Modern accommodation with car parking. Marketable accommodation with range of office suites available. Asking Price - Offers in ...
Unit 2 Silverburn Crescent, Bridge Of Don, Aberdeen
The property comprises a semi-detached industrial unit of steel portal frame construction with concrete block dado wall harled externally with a pitched roof over.Â
Internally, the property is laid out to provide warehouse and office accommodation with associated staff facilities. The warehou...
Gibson Hall, 54 Dundee Street, Carnoustie, Angus, DD7 7PF
Closing Date Friday 22nd November 2024 12noon.
The subjects comprise a single storey detached property which historically was used as a British Red Cross meeting Hall, a children's nursery and most recently operated as a hair and beauty salon.