RETAIL UNIT/CLASS 3 TO LET – MARKINCH

To Let

• LEASE FROM £12,000 PER ANNUM

• 1,034 FT2

• PROMINENT FRONTAGE

• CURRENTLY BEING REFURBISHED CAN BE SPECIFIED TO TENANTS REQUIREMENTS

• HIGH FOOTFALL FROM COMMUTERS TO TRAIN STATION

• POSSIBLE CLASS 3 (APPLICATION IN PROCESS)

• 100% RATES RELIEF (SUBJECT TO QUALIFICATION)

LOCATION

Markinch has an estimated population in the region of 2,500 and is located immediately to the north east of the larger town of Glenrothes. The town benefits from a mainline railway station which is situated on the Fife Circle Route. Glenrothes itself is the third largest settlement in Fife with a residential population now estimated to be in the region of 50,000.

It is situated equidistant between Edinburgh and Dundee with Edinburgh being 30 miles to the south and Dundee a similar distance to the north and sits on the A92 Fife Regional Road which continues to Dundee and Aberdeen beyond. In addition to good road transport communications, the town also benefits from two mainline railway stations situated on the Fife Circle route, these being at Markinch and Thornton.

The subjects are situated on the north eastern side of the High Street opposite its junction with Balbirnie Street.

DESCRIPTION

The subjects comprise the ground floor of a mid-terraced building of traditional stone construction surmounted by a pitched and slated roof.

The ground floor of the property comprises a retail unit whilst the space provides front shop, office, back shop and w.c.

Above shows a floor plan illustrating the proposed layout as a takeaway, planning has been applied for Class 3 use.

PROPOSAL

Rent from £12,000 per annum.

FLOOR AREAS

From sizes taken during our inspection we calculate the subject property, measured in accordance with the RICS Code of Measurement Practice (second edition, January 2018) to extend to the following approximate gross internal area (GIA):

96.1m2/1,034ft2

PLANNING

All queries in relation to redevelopment/ reconfiguration of the subjects should be addressed to Fife Council Planning Department.

We understand that the property currently benefits from class 1 consent however our client has applied for class 3 consent which we understand will be granted shortly.

CLOSING DATE

A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the lease of the property.

RATING 

The property will require to be reassessed.

EPC

A copy of the EPC will be available upon request.

VAT 

All prices, premiums and rents quoted are exclusive of VAT.

PUBLICATION DATE 05/02/2020

Price:Lease from £12,000 per annum
Address:82 High Street
City:Markinch
County:Glenrothes
Postcode:KY7 6DQ
Square Feet:1,034
Property Type:Retail unit/Class 3
Lot size:1,034
Tagged Features:

Location Map