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Prominent Retail Premises, 157 High Street, Kinross, KY13 8DA

987 Sq Ft / Retail / General Retail

For Sale - £110,000.00

To Let - £10,000.00 per annum

Under Offer - Last updated: 22 May 2024

The subjects comprise a ground floor retail unit forming part of a two-storey building which is of traditional stone construction surmounted by a pitched and tiled roof. The unit is in excellent internal condition and benefits from a large double window display frontage, providing good natural light to the unit.

There is an additional room to the rear, with kitchen and w/c, a large storage area and a separate garage.

The unit is fitted with full air conditioning and there is sufficient on street parking as well as a large free car park to the rear of the property.

Location

Kinross is a small historic market town situated approximately 12 miles north of Dunfermline and approximately 17 miles south of Perth, lying adjacent to the M90 motorway. This is now a popular commuter town serving Dunfermline, Perth and Edinburgh.

The town is understood to have a population of approximately 5,000 people and has experienced some expansion over recent years. A range of local services are available in the town centre and both primary and secondary education facilities are also available within the town.

The subjects are located at the east side of the high street, which is the main commercial centre of the town.

Accommodation

The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition on a net internal basis and is as follows:

Shop - 71.91 sq m (774 sq ft)

Store - 19.78 sq m (213 sq ft)

Total - 91.69 sq m (987 sq ft)

Garage - 11.57 sq m (125 sq ft)

Terms

RATEABLE VALUE: According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £9,400 per annum.

It should be noted under the terms of the Small Business Bonus Scheme, the property maybe eligible for 100% rates relief.

LEASE TERMS: Rental offers in the region of £10,000 per annum, exclusive, are invited.

SALE TERMS: Offers in the region of £110,000 exclusive are invited.

LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in any transaction.

VAT: All prices quoted are exclusive of VAT.

ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) is available upon request.

Specification

  • High quality retail accommodation with storage
  • Prominent location on High Street
  • Easily accessible location
  • Net Internal Area 91.69 Sq M (987 Sq Ft)

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in the region of For Sale Freehold £110,000.00 NA
Offers in the region of To Let £10,000.00 per annum

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Contact agents

Lois Paterson

DM Hall

01383 650360

Fife Agency

DM Hall

01383 650233

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