Town Centre Optician Investment In Situ Since 1991. Lease on Personal Names t/a PLM Optometrists Expiry: 27th August 2027 WITH Passing Rent: £14,500p.a.x
Ground: 84.9sqm (914sq ft) 1st Floor: 76.4sqm (822sq ft) Total: 161.3sqm (1,736sq ft)
The tenant has been in situ since 1991 and repeatedly extended their lease, showing confidence and strength of business within the locale. PLM Optometrists operate 5 branches throughout Fife.
The property has been elected for V.A.T as such the transaction will he treated as a transfer of a going concern (ToGC)
The property comprises a ground and part first floor of a 3 storey traditional development surmounted by a pitched roof. The subjects offer a prominent glazed frontage with single door access leading to an open plan retailing space. Partitions have been erected to the rear to form examination room with rear access. W.C facilities, store and office are situated at first floor. The property has been renovated to a high standard by the tenant including new carpeted flooring within the customer areas, with linoleum and laminated timber within the staff areas. Lighting is proved by L.E.D spots recessed within the suspended acoustic tile ceiling. Ground: 84.9sqm (914sq ft) 1st Floor: 76.4sqm (822sq ft) Total: 161.3sqm (1,736sq ft) The property is held on a full repairing and insuring head lease on the following terms; Tenant: x3 Personal Names t/a PLM Optometrists Expiry: 27th August 2027 Passing Rent: £14,500p.a.x Further: The tenant has been in situ since 1991 and repeatedly extended their lease, showing confidence and strength of business within the locale. PLM Optometrists operate 5 branches throughout the kingdom of Fife include Leven, Kirkcaldy, Anstruther and Glenrothes. The property has been elected for V.A.T as such the transaction will he treated as a transfer of a going concern (ToGC)
The property is located in Cupar, a busy market town situated on the A91 trunk route in the north east of Fife close to St. Andrews. The subjects are located in a prime retail location within the town close to WH Smith, Nationwide Building Society, Boots and several coffee shops and boutique bakeries. The town is well served by bus routes and benefits from rail connection to Edinburgh. There are several car parks around the town centre along with ample on street parking available
Full Address: 38-40 Crossgate, Cupar, KY15 5HS
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