Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
PRIME LET BLUE CHIP INVESTMENT Let to Timpsons at a passing rent of £12,000p.a expiring 28th August 2029 on an internal repairing and insuring head lease, the property extends to 633sq ft.
Property offers a single display frontage with single door entrance. Ground floor retail units set within a larger mixed use traditional sandstone development surmounted by a pitched roof.
Renovated by their respective tenants to suit their requirements for business operations. NAV/RV 14a: £11,900
Main customer retailing space to the front with partitioned w.c & tea prep to the rear.
Dunfermline is located approx 4 miles North of the newly opened Queensferry Crossing within the Kingdom of Fife.
The subjects are situated on the North side of East Port, East of its junction with New Row within the centre of Dunfermline.
Dunfermline is located approx 4 miles North of the newly opened Queensferry Crossing within the Kingdom of Fife. With a resident population of c. 50,000 and wider catchment of 150,000, Dunfermline is the largest settlement in the area. Neighbouring occupiers include Marks & Spencer, T.S.B, Nationwide Building Society & The Kingsgate Shopping Centre.
Full Address: 14A East Port, Let Timpsons Investment, Dunfermline, KY12 7JG
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Special Terms of Sale
-
Buyers Fee
(?) 1% of Sale Price (Minimum of £2500 +vat)
Please use our
PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: 28th August 2029
Rent: £12,000 per year / £1,000 per month
Yield: 16% (approx)
Tenant: Company
Notes: Let to Timpsons at a passing rent of £12,000p.a expiring 28th August 2029 on an internal repairing and insuring head lease, the property extends to 633sq ft.
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Pricing Information & Bidding
What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
Payment Calculator
Please use our
PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
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Auction Details
Date & Time: 22 May 2025, 10am-3pm
Type: Timed Online Auction
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