To Let Retail / Hot Food Takeaway
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 ft (47.38 sq m)
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Leeds 0113 243 6777
Viewing strictly by appointment with letting agents: John Conroy Tel: 0141 204 3838 Email: [email protected]
Dundee 01382 227900
London 020 7436 1212
LOCATION St Andrews is a historic town and popular tourist destination 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 population of around 17,000 (2011 Census), underpinned by the resident student population and University staff (approximately 9,000). In addition, the town attracts approximately 666,300 visitors per annum and serves an extensive catchment area in rural north east Fife. Specifically, the subjects occupy a prominent trading position on the north side of South Street within the prime shopping and dining area of the town. There is a good mix of national and local retailers within the street including Rohan, Trespass, Oxfam, and IJ Mellis Cheesemongers. Whilst there are also national and popular local restaurants including Prezzo, BURGER and The Adamson. DESCRIPTION The subjects comprise the ground floor of a two storey midterraced building with residential accommodation on the upper floors. The main walls are of stone construction, rendered and painted to the front elevation. The roof over is pitched with pantiles covering. The property is partly fitted for hot food take away use. ACCOMMODATION The subjects have the following approximate areas:Ground Floor
510 sq ft
ENERGY PERFORMANCE CERTIFICATE EPC Rating = G
LEASE The subjects are offered on the basis of a new Full Repairing and Insuring lease incorporating 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 rating 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 Transaction 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 satisfy themselves independently as to the incidence of VAT in respect of any transaction. VIEWING / FURTHER INFORMATION Strictly through the sole letting agents:John Conroy Tel: 0141 204 3838 Email: [email protected]
47.38 sq m
Date of Revision: January 2017
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of t his property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, an d do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupati on, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but m ust satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property.
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Leeds 0113 243 6777
Dundee 01382 227900
London 020 7436 1212
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 ft (47.38 sq m)
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Leeds 0113 243 6777
Viewing strictly by appointment with letting agents: John Conroy Tel: 0141 204 3838 Email: [email protected]
Dundee 01382 227900
London 020 7436 1212
LOCATION St Andrews is a historic town and popular tourist destination 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 population of around 17,000 (2011 Census), underpinned by the resident student population and University staff (approximately 9,000). In addition, the town attracts approximately 666,300 visitors per annum and serves an extensive catchment area in rural north east Fife. Specifically, the subjects occupy a prominent trading position on the north side of South Street within the prime shopping and dining area of the town. There is a good mix of national and local retailers within the street including Rohan, Trespass, Oxfam, and IJ Mellis Cheesemongers. Whilst there are also national and popular local restaurants including Prezzo, BURGER and The Adamson. DESCRIPTION The subjects comprise the ground floor of a two storey midterraced building with residential accommodation on the upper floors. The main walls are of stone construction, rendered and painted to the front elevation. The roof over is pitched with pantiles covering. The property is partly fitted for hot food take away use. ACCOMMODATION The subjects have the following approximate areas:Ground Floor
510 sq ft
ENERGY PERFORMANCE CERTIFICATE EPC Rating = G
LEASE The subjects are offered on the basis of a new Full Repairing and Insuring lease incorporating 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 rating 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 Transaction 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 satisfy themselves independently as to the incidence of VAT in respect of any transaction. VIEWING / FURTHER INFORMATION Strictly through the sole letting agents:John Conroy Tel: 0141 204 3838 Email: [email protected]
47.38 sq m
Date of Revision: January 2017
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of t his property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, an d do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupati on, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but m ust satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property.
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Leeds 0113 243 6777
Dundee 01382 227900
London 020 7436 1212
