For Sale By Auction | 14:00, 21 November 2019

29, High Street, Dunfermline, Fife, KY12 7DL

*Guide | £110,000 (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 21/11/2019

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Commercial unit

This retail unit enjoys prime location in the pedestrianised High Street of Dunfermline, Fife. The unit comprises a ground floor sales area and basement area for storage including kitchen and WC with total space extending to 1,529 sq. ft (142 sq. m). Although the unit requires some degree of renewed fit out this is reflected in the highly competitive Guide Price. With a published Rateable Value of £12,600, the property may qualify for 100% rates relief under the Small Business Bonus Scheme which makes this an ideal opportunity for a small business start-up, but is equally suitable as a keenly priced addition to a commercial portfolio with comparables suggesting an achievable rental in the region of £14,000 p.a.

Tenure

Freehold

Busy town centre location

Pedestrianised street

Competitive Guide Price

Potential rates relief

Ideal for start-up or addition to commercial portfolio

Area

Dunfermline is the largest town in Fife and Canmore Street is ideally positioned in the town centre with nearby occupiers including Primark, Next, Marks & Spencer and Sports Direct. Dunfermline is just five miles from both Forth Road Bridges allowing easy connection to Edinburgh and the nearby M90 motorway links across Central Scotland and further afield.

Local Authority

Fife Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.