The Truth Nightclub - 79 North Street, Leven, KY8 4HL - Landmark building in prime location. Tenant is paying £750 per week (reduced agreed rent). Freehold Sale - £54,000 rental per annum.
The weekly rent was verbally agreed to be reduced to £750 + insurance (verbally agreed upon rent 2023). FRI defined: Tenant pays full cost of repairing, insuring and maintaining the property.
Rateable Value (RV) - £28,700 - The value shown above is the most up to date value expected to apply from 01 April 2026 as a result of the rating revaluation.
Leven is a thriving seaside town on the east coast of Fife only 14 miles from St Andrews. Located in East Fife, Leven is also 37 miles from Edinburgh.
Start Date: 1st August 2021 Term: 10 years. Type: Commercial FRI. FRI defined: Tenant pays full cost of repairing, insuring, and maintaining the property. Rent: £54,000 per year (no VAT is payable). Payments: £1,038.46 per week, plus building insurance. Contents insurance: Obtained by tenant, paid by tenant. Rates: Council account to be maintained in tenant’s name and paid current by tenant. Utilities and all other accounts: To be in tenant’s name and paid current by tenant. Building insurance: Obtained by landlord, to be paid by tenant. Rates: Council account to be maintained in tenant’s name and paid current by tenant. Utilities and all other accounts: To be in tenant’s name and paid current by tenant.
Leven is a thriving seaside town on the east coast of Fife only 14 miles from St Andrews. Located in East Fife, Leven is also 37 miles from Edinburgh. It is the dominant town providing the principal retail provision for the Levenmouth area, which encapsulates the towns of Leven, Methil and Buckhaven. The Fife area is a popular location for commuters to Edinburgh. From Leven the A915/A92 provides access to the national motorway network and the M90, which leads directly to Edinburgh. Leven is recognised as a popular short-term rental AirBNB location with high tourist influx during the high season. The area features access to some of the world's most famous golfing locations. The town is located between the picturesque fishing villages of the East Neuk and the main towns of Kirkcaldy and Glenrothes. The town centre has good shopping facilities and a busy pedestrianised thoroughfare. These are well served by parking facilities which are within easy walking distance of the town centre. It’s a popular holiday destination with a pleasant promenade and beach. Local attractions include an excellent swimming pool and leisure complex and a variety of golf courses. The woodland valley of Letham Glen and Silverburn Park offer attractive landscaped picnic and recreational areas, perfect for relaxing and enjoying the great outdoors.
Full Address: 75-79 North Street, Truth Nightclub, Leven, Fife, KY8 4LY
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