Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a parade of seven ground floor retail units in the centre of Glenrothes.
Three of the units are let, producing a total aggregate income of £16,404 per annum.
The units are formed in an "L" shape surrounding a central courtyard and form the principal local retail amenity for a predominantly residential area.
The property offers evident asset management potential via the letting of the vacant units and renewal of the current leases. We consider the current rental value for the property to be £40,000.
Glenrothes is one of the largest towns in Fife with a population of over 50,000.
Tenure
Freehold
Rent
Notes
We understand the property is elected for VAT, it is anticipated the sale will be treated as a Transfer of a Going Concern (TOGC).