LEASEHOLD CAFE FOR SALE – ST ANDREWS

For Sale
  • Offers in the region of £25,000
  • Property Type:
  • Location:
  • Floors: 1
  • Parking: Nearby
  • Sq Ft: 574
  • OFFERS IN THE REGION OF £25,000
  • 574 FT²
  • FULLY REFURBISHED CAFÉ BUT SUITABLE FOR VARIETY OF OTHER USES
  • WINNER OF BEST INTERIOR DESIGN AT DESIGN AWARDS 2020

LOCATION

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St Andrews is a town on the east coast of Fife in Scotland, 10 miles southeast of Dundee and 30 miles northeast of Edinburgh. St Andrews had a recorded population of 16,800 as of 2011, making it Fife’s fourth-largest settlement and 45th most populous settlement in Scotland.

The town is home to the University of St Andrews, the third oldest university in the English-speaking world and the oldest in Scotland. It has been ranked as the best university in the UK by the 2022 Good University Guide, which is published by The Times and The Sunday Times.

St Andrews is also known globally as the “home of golf“. This is in part because of The Royal and Ancient Golf Club of St Andrews, founded in 1754, which until 2004 exercised legislative authority over the game worldwide. It is also because the famous Old Course of St Andrews Links is the most frequent venue for The Open Championship, the oldest of golf‘s four major championships. Visitors travel to St Andrews in great numbers for several courses ranked amongst the finest in the world, as well as for the sandy beaches.

The subjects are located on the southern side of Market Street between its junctions with Church Street and Union Street.

DESCRIPTION

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The subjects comprise a fully refurbished ground floor café unit which would be suitable for a variety of uses. The property is contained within a three storey mid terraced traditional building of stone and slate construction.

Internally the accommodation comprises open plan seating area, serving deck and fully fitted kitchen. Catering for up to 22 covers would be possible.

The property is held on a full repairing and insuring lease at an annual rent of £30,000 per annum.

PROPOSAL

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Offers in the region of £25,000 for leasehold interest to include the existing fit out and fixtures and fittings.

FLOOR AREAS

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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 net internal area (NIA):

53.27m²/574ft²

PLANNING

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

CLOSING DATE

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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 sale/lease of the property.

RATING 

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Rateable value £21,600.

EPC

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F.

VAT 

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

PUBLICATION DATE 26/07/2022

Price:Offers in the region of £25,000
Address:68 Market Street
City:St Andrews
Postcode:KY16 9NU
Floors:1
Square Feet:574
Parking:Nearby
Property Type:Cafe
Tagged Features:

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