INCOME PRODUCING INVESTMENT*** Retail Unit over ground and first floor in EXCELLENT TRADING POSITION. Bon Marche in occupation producing £35,000 per annum on a FRI Lease with 10 years remaining.
The property provides a total net internal area of approximately 294.77 sq m (3,173sq ft)as follows: Ground Floor – 238.9 sq m (2,571 sq ft) First Floor – 55.87 sq m (601 sq ft)
Bonmarche Properties Limited by way of an existing lease and a reversionary lease agreement that together provide income security until September 2036. Current rent is £35,000 pa, rent review 2031
High Street location diagonally opposite an entrance to The Mercat Shopping Centre and close to a strong mix of national retailers including Boots, JD Sports, Vision Express, EE, Holland & Barrett.
INCOME PRODUCING INVESTMENT*** Retail Unit over ground and first floor in EXCELLENT TRADING POSITION. Bon Marche in occupation producing £35,000 per annum on a FRI Lease with 10 years remaining. Internally, the unit compromises a large ground floor sales area of 2,571 sq ft and first floor ancillary/storage space of 601 sq ft. The unit is currently configured for fashion retail use. The property provides a total net internal area of approximately 294.77 sq m (3,173sq ft)as follows: Ground Floor – 238.9 sq m (2,571 sq ft) First Floor – 55.87 sq m (601 sq ft) Bonmarche Properties Limited by way of an existing lease and a reversionary lease agreement that together provide income security until September 2036. Current rent is £35,000 pa, rent review 2031 High Street location diagonally opposite an entrance to The Mercat Shopping Centre and close to a strong mix of national retailers including Boots, JD Sports, Vision Express, EE, Holland & Barrett.
Kirkcaldy is a historic former royal burgh and the second-largest town in Fife, situated on the east coast of Scotland approximately 26 miles north of Edinburgh and 30 miles south of Dundee. The town has a population of around 51,000 within the main settlement and serves a wider catchment of approximately 60,000 across the Kirkcaldy area, acting as a key retail and service centre for surrounding communities. The property benefits from excellent transport links. Kirkcaldy Train Station lies only 0.4 miles away and provides regular services to Edinburgh (around 45 minutes) and other destinations. The A92 offers easy access to the M90 motorway, connecting the town efficiently to the Central Belt and beyond. The High Street location is diagonally opposite an entrance to The Mercat Shopping Centre and close to a strong mix of national retailers including Boots, JD Sports, Vision Express, EE, Holland & Barrett and Pandora.
Full Address: 115-121 High Street, Bon Marche, Kirkcaldy, KY1 1LW
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