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Commercial properties for sale in Leven, Fife

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For Sale£55,000.00
Prominent town centre retail unit
Situated on main retail thoroughfare
Ground & 1st Floor
1,016sq ft
Let on Full Repairing & Insuring Lease
Lease Expiry October 2028
Passing Rent: £5,500per annum
Offers Over £55,000

Location
The subjects are situated on the East side of Durie Street, south of its junction with Rose Street and North of its junction with Suttie Street within Leven's town centre. Leven is a coastal town situated on the East coast of Scotland with a resident population of c. 25,000 persons. Leven is experiencing growth over recent years being situated on the Firth of Forth within the Kingdom of Fife. Neighbouring occupiers include Stewarts Bakery, R.B.S. & Boutique Clothing


Subjects

The subjects comprise a prominent mid-terrace retail premises within a 2 storey retail parade. The subjects benefit from double frontage of aluminium framed glazed construction with entry gained via a single door leading to an open plan sales area. The subjects have been refurbished internally with floors overlaid with laminated timber, walls having been painted and decorated throughout with lighting being provided by way of halogen spot lights recessed within a suspended acoustic tile ceiling. The subjects benefit from staff w.c. facilities, staff tea prep area and office space. The upper floor provides office space and ancillary storage.


Area

The subjects have been measured on a Net Internal Area basis to extend to the following floor areas;

Ground: 61.78sqm (665sq ft)
1st Floor: 32.6sqm (351sq ft)

Total: 94.4sqm (1,016sq ft)

Investment

The subjects are let by way of a full repairing and insuring lease on the following terms;

Tenant: Personal Name t/a U.S. NAILS
Term: 1st Nov 18' - 31st Oct 2028
Rent Review: 5 yearly cycles
Break: None

Other: The tenant has been in-situ in excess of 6 years and has recently signed a new head lease.

Proposal

Our client is offering their freehold interest in the subjects for offers over £55,000

V.A.T.

The subjects are not elected for V.A.T.

E.P.C.

Available on request

Legal

Each party shall bear their own incurred legal costs during the transaction

Viewing

Strictly by appointment only
HIGH ST INVESTMENT OPPORTUNITY - Durie Street LEVEN
Type: Retail, Office, Retail - High Street, Offices
Location: 6 Durie Street, KY8 4HE
Size: 1016 Sq Ft
Images: 4
Brochures: 1
View Property
For SalePOA
OR
For RentROA
The subjects comprise a retail Shop unit contained on the ground floor of a two storey and attic mid-terraced building of traditional stone construction with a pitched and slated roof.
11 Durie Street
Type: Retail Park, Retail
Location: 11 Durie Street, Leven, KY8 4EZ
Images: 3
View Property
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