27 Whytescauseway

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Key Points

Summary

Excelllent Freehold Investment Opportunity let to major PLC covenant

Description

The property comprises a single shop unit and forms part of a single storey parade of similar units located on the west side of Whytescauseway. The location is an established one for estate agents and solicitors with other occupiers nearby including Digby Brown, ESPC, Remax and Your Move.

Viewings

Strictly by Appointment

Location

The property is located on Whytescauseway which runs westwards off High Street and therefore centrally situated within the town, directly adjacent to the main commercial centre of Kirkcaldy. The location is highly accessible and has the benefit of on street parking with public car parking facilities nearby as well as public transport connections.

Promo

Major PLC tenant

Lease

The property is let in its entirety to Countrywide PLC, on a lease that was recently extended to 28 November 2030. The tenant has an option to break the lease as at 28 November 2025 but also an option to extend the lease to 2035. The current rent is £8,500 per annum exclusive and is subject to review at 5 yearly intervals on an RPI upward only basis.

Offers

Offers in the region of £110,000 are invited for our client's heritable interest in the property with the benefit of the current tenancy in place.