An attractive ground floor retail unit within a prime area of shops in the centre of town currently undergoing extensive renovation including new walls, floors and services. The accommodation comprises shop area 246 sq ft (22.87m²) and WC 31.75 sq ft. Total floor area is 278 sq ft (25.82m²) subject to confirmation once completed.
The subjects are connected to mains electricity and water. It is assumed drainage is to the mains.
The property rateable value is still to be assessed. The current rate payable is 48 pence in the pound. Relief may be eligible to the tenant to pay zero rates. Contact the assessors department of Fife Council for details.
Currently it has use Class 1 as a retail shop.
£14,500 per annum on a full repairing and insuring basis on a 10 year lease. Rent review will be every 3 years.
The tenant will be liable for the landlords legal fees, recording dues and Land and Business Transaction Tax associated with lease preparation and registration.
St Andrews is an historic town with world famous golf courses, Scotland’s oldest university and is a highly regarded tourist destination.
The resident population is around 15,000 with an additional 10,000 students. There are also many tourists and golfers throughout the year in addition to local customers.
The shop is on South Street in one of the main shopping thoroughfares with excellent footfall and car parking on the street to the front.