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For SalePOA
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For RentROA

TO LET/FOR SALE: PRIME HIGH STREET OPPORTUNITY IN LEVEN TOWN CENTRE

Residential, Retail, Office, Retail - High Street, Leisure Property, Restaurant/Cafes, Healthcare, Showroom, Offices, Licensed & Leisure, Other Property Types & Opportunities , 7589 Sq Ft
Property type: Residential, Retail, Office, Retail - High Street, Leisure Property, Restaurant/Cafes, Healthcare, Showroom, Offices, Licensed & Leisure, Other Property Types & Opportunities
Tenure: Development Opportunity, To Let, For Sale Freehold
Size: 7589 Sq Ft
Price: POA
Rent: ROA
Location: 31-35 High Street, Leven, KY8 4ND
Prime Town Centre Corner Position
Return Frontage
G.I.A 7,589sq ft
Redevelopment Opportunity For;
Residential / Restaurant / Business Centre / Gymnasium
Lease: £15,000per annum
Sale: £150,000

Location

The subjects are located on the South side of of High Street at its junction with Bank Street to the East within Leven’s town centre and main pedestrianised precinct. Leven is a coastal town situated on the East coast of Scotland with a resident population of c.25,000 persons, benefitting from growth in recent years. The town is situated on the Firth of Forth within the Kingdom of Fife.

Subjects

The Si bjects are contained within two adjoining buildings, both being of traditional stone construction with pitched and slated roofs. The main building to the front, with its elevation onto High Street extends over four floors from basement to attic whilst the rear building extends over three floors from ground to second floor.

The two buildings interconnect at ground and first floors, however, due to the sloping topography of the site, there is a slight disparity in the floor levels, bridged by a short stair run. Within the front building, the ground, first and part of the basement floor were used previously as retail sales space whilst the attic and part of the basement are suitable only for basic storage purposes. Within the rear building, the ground and first floors are connected with the front building to provide additional retail space whilst the second floor provides office, staff canteen, storage and toilet accommodation.

An extensive display frontage spans the full length of the front building looking onto High Street whilst the rear building also has the benefit of a display window onto Bank Street as well as dedicated access. Natural light is afforded to the upper floors of each building via traditional sash and casement windows.
The subjects were formerly occupied by “Cumming of Leven Menswear” and operated as a department store for many years, however, the premises have now been fully vacated and consequently have been stripped out and would require to be refurbished by any new ingoing trader.

Area

The subjects have been measured on a Gross Internal Area to extend to the following

Total: 705.2sqm (7,591sq ft)

NAV/RV

The subjects have been assessed and entered onto the valuation roll with the following NAV/RV

£40,500

The subjects require revaluation following tenancy or sale. Further information available on request.

Proposal

Our client is offering the subjects on a new full repairing and insuring head lease for a negotiable term for £15,000per annum.

Freehold Offers Of £150,000 are invited for our clients heritable interest

V.A.T

Prices quoted are exclusive of of V.A.T

E.P.C

Available on request

Viewing

By appointment via the marketing agent

Legal

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

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