131 South St - draft details.pub
7 Exchange Crescent, Conference Square, Edinburgh EH3 8AN Tel: 0131 225 6612
To Let Retail / Hot Food Takeaway
131 South Street, St Andrews, KY16 9UN • • • •
Highly prominent retail / hot food takeaway unit Rare opportunity to lease in historic town centre Directly opposite University grounds NIA: 510 sq < (47.38 sq m)
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Viewing strictly by appointment with le%ng agents: Fraser Ramage Tel: 0131 225 6612 Email: [email protected] John Conroy Tel: 0141 204 3838 Email: [email protected]
Leeds 0113 243 6777
Dundee 01382 227900
LOCATION St Andrews is a historic town and popular tourist des@na@on known as the ‘Home of Golf’ and also host to Scotland’s oldest University, the University of St Andrews, which is held in high academic regard around the world. The town is located on the east coast of Fife, approximately 13 miles south of Dundee and 50 miles north of Edinburgh. The town enjoys a resident popula@on of around 17,000 (2011 Census), underpinned by the resident student popula@on and University staff (approximately 9,000). In addi@on, the town aGracts approximately 666,300 visitors per annum and serves an extensive catchment area in rural north east Fife. Specifically, the subjects occupy a prominent trading posi@on on the north side of South Street within the prime shopping and dining area of the town. There is a good mix of na@onal and local retailers within the street including Rohan, Trespass, Oxfam, and IJ Mellis Cheesemongers. Whilst there are also na@onal and popular local restaurants including Prezzo, BURGER and The Adamson. DESCRIPTION The subjects comprise the ground floor of a two storey midterraced building with residen@al accommoda@on on the upper floors. The main walls are of stone construc@on, rendered and painted to the front eleva@on. The roof over is pitched with pan@les covering. The property is partly fiGed for hot food take away use. ACCOMMODATION The subjects have the following approximate areas:-
131 South Street
510 sq $
ENERGY PERFORMANCE CERTIFICATE EPC Ra@ng = G
47.38 sq m
LEASE The subjects are offered on the basis of a new Full Repairing and Insuring lease incorpora@ng 5 yearly upward only rent reviews, for a term to be agreed. RENTAL Rental offers in excess of £27,500 per annum exclusive are sought. RATING We understand from the Local Assessor’s website that the subjects have the following ra@ng assessment:Rateable Value UBR (2016/17) Rates Payable
£18,400 £0.484 £8,905.60 (exclusive of water/sewerage)
LEGAL COSTS Each party will be responsible for their own legal costs incurred with any ingoing tenant being responsible for any Land and Buildings Transac@on Tax, recording dues and VAT as applicable. VALUE ADDED TAX Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending lessee must sa@sfy themselves independently as to the incidence of VAT in respect of any transac@on. VIEWING / FURTHER INFORMATION Strictly through the sole le%ng agents:Fraser Ramage Tel 0131 225 6612 [email protected] John Conroy Tel: 0141 204 3838 Email: [email protected] Date of Publica@on: November 2016
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden f or themselves and f or vendors or lessors of this property whose agents they are given no@ce that: (i) the par@culars are set out as a general outline only for the guidance of intended purcha sers or lessees, and do not cons@tut e, nor cons@tute part of, an offer or contract; (ii) all descri p@ons, dimensi ons, ref erence to condi @on and necessary permissions for use and occupa@on, and other details are given without responsibility and any intending purcha sers or tena nts shoul d not rely on them as stat ements or representa@ons of fact but must sa@sfy themselves by inspec@on or otherwise a s to the correctness of ea ch of them; (iii) no person in the employment of M essrs Ryden has any authority to make or give any representa@on or warra nty whatever in rela@on to this property.
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden f or themselves and f or vendors or lessors of this property whose agents they are given no@ce that: (i) the par@culars are set out as a general outline only for the guidance of intended purcha sers or lessees, and do not cons@tut e, nor cons@tute part of, an offer or contract; (ii) all descri p@ons, dimensi ons, ref erence to condi @on and necessary permissions for use and occupa@on, and other details are given without responsibility and any intending purcha sers or tena nts shoul d not rely on them as stat ements or representa@ons of fact but must sa@sfy themselves by inspec@on or otherwise a s to the correctness of ea ch of them; (iii) no person in the employment of M essrs Ryden has any authority to make or give any representa@on or warra nty whatever in rela@on to this property.
To Let Retail / Hot Food Takeaway
131 South Street, St Andrews, KY16 9UN • • • •
Highly prominent retail / hot food takeaway unit Rare opportunity to lease in historic town centre Directly opposite University grounds NIA: 510 sq < (47.38 sq m)
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Viewing strictly by appointment with le%ng agents: Fraser Ramage Tel: 0131 225 6612 Email: [email protected] John Conroy Tel: 0141 204 3838 Email: [email protected]
Leeds 0113 243 6777
Dundee 01382 227900
LOCATION St Andrews is a historic town and popular tourist des@na@on known as the ‘Home of Golf’ and also host to Scotland’s oldest University, the University of St Andrews, which is held in high academic regard around the world. The town is located on the east coast of Fife, approximately 13 miles south of Dundee and 50 miles north of Edinburgh. The town enjoys a resident popula@on of around 17,000 (2011 Census), underpinned by the resident student popula@on and University staff (approximately 9,000). In addi@on, the town aGracts approximately 666,300 visitors per annum and serves an extensive catchment area in rural north east Fife. Specifically, the subjects occupy a prominent trading posi@on on the north side of South Street within the prime shopping and dining area of the town. There is a good mix of na@onal and local retailers within the street including Rohan, Trespass, Oxfam, and IJ Mellis Cheesemongers. Whilst there are also na@onal and popular local restaurants including Prezzo, BURGER and The Adamson. DESCRIPTION The subjects comprise the ground floor of a two storey midterraced building with residen@al accommoda@on on the upper floors. The main walls are of stone construc@on, rendered and painted to the front eleva@on. The roof over is pitched with pan@les covering. The property is partly fiGed for hot food take away use. ACCOMMODATION The subjects have the following approximate areas:-
131 South Street
510 sq $
ENERGY PERFORMANCE CERTIFICATE EPC Ra@ng = G
47.38 sq m
LEASE The subjects are offered on the basis of a new Full Repairing and Insuring lease incorpora@ng 5 yearly upward only rent reviews, for a term to be agreed. RENTAL Rental offers in excess of £27,500 per annum exclusive are sought. RATING We understand from the Local Assessor’s website that the subjects have the following ra@ng assessment:Rateable Value UBR (2016/17) Rates Payable
£18,400 £0.484 £8,905.60 (exclusive of water/sewerage)
LEGAL COSTS Each party will be responsible for their own legal costs incurred with any ingoing tenant being responsible for any Land and Buildings Transac@on Tax, recording dues and VAT as applicable. VALUE ADDED TAX Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending lessee must sa@sfy themselves independently as to the incidence of VAT in respect of any transac@on. VIEWING / FURTHER INFORMATION Strictly through the sole le%ng agents:Fraser Ramage Tel 0131 225 6612 [email protected] John Conroy Tel: 0141 204 3838 Email: [email protected] Date of Publica@on: November 2016
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden f or themselves and f or vendors or lessors of this property whose agents they are given no@ce that: (i) the par@culars are set out as a general outline only for the guidance of intended purcha sers or lessees, and do not cons@tut e, nor cons@tute part of, an offer or contract; (ii) all descri p@ons, dimensi ons, ref erence to condi @on and necessary permissions for use and occupa@on, and other details are given without responsibility and any intending purcha sers or tena nts shoul d not rely on them as stat ements or representa@ons of fact but must sa@sfy themselves by inspec@on or otherwise a s to the correctness of ea ch of them; (iii) no person in the employment of M essrs Ryden has any authority to make or give any representa@on or warra nty whatever in rela@on to this property.
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden f or themselves and f or vendors or lessors of this property whose agents they are given no@ce that: (i) the par@culars are set out as a general outline only for the guidance of intended purcha sers or lessees, and do not cons@tut e, nor cons@tute part of, an offer or contract; (ii) all descri p@ons, dimensi ons, ref erence to condi @on and necessary permissions for use and occupa@on, and other details are given without responsibility and any intending purcha sers or tena nts shoul d not rely on them as stat ements or representa@ons of fact but must sa@sfy themselves by inspec@on or otherwise a s to the correctness of ea ch of them; (iii) no person in the employment of M essrs Ryden has any authority to make or give any representa@on or warra nty whatever in rela@on to this property.
