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Lot 7

9 HIGH STREET, ABERDOUR, KY3 0SH

Former Bank Premises in Attractive Village Location with Potential for Alternative Use, Income £2,000 p.a. from ATM Letting

Location

Aberdour is a popular and attractive coastal village located on the north shore of the Firth of Forth, around 8 miles east of Dunfermline and 18 miles north of Edinburgh. The area is very popular with visitors, having easy access to its well kept beaches, surrounding countryside and golf courses as well as the Fife tourist trail. The nearby M90 provides fast links to Edinburgh, Glasgow and Perth making the area ideal for commuters. There is a railway station with regular services into Edinburgh. Primary schooling is provided for in the village, with secondary schooling located in Inverkeithing. The extensive surrounding residential area provides local trade in this area and other occupiers in the area comprise mainly independent traders and cafes.

Description

The property comprises the ground and basement floors of a two storey and attic mid terraced building of traditional stone and slate roof contstruction. The first floor unit is accessed separately and in residential use, this is not included within the subjects of sale. The unit benefits from double frontage onto the High Street and access is from the east side of the property. Internally the unit comprises an open plan area, office space and interview room on the ground floor and a mix of storage, w.c. and kitchen facilities in the basement. The property has recently been decommissioned and part of this work included the provision of a dedicated room for the ATM which has been separated from the main floor area. The property benefits from gas central heating, fluorescent recessed lighting and some carpeting. There is some on street parking within the vicinity as well as car parking nearby. This is a well placed unit within a busy area. The subjects provide an opportunity for office or retail use and there is a possiblity of redevelopment potential subject to obtaining necssary consents.

Planning

The property is suitable for office and retail use subject to the restrictions noted below (see Tenure). Alternative uses may be possible and interested parties should make their own enquiries to Fife Council, Economy, Planning and Employability Services Tel: 03451 55 11 22

Rateable Value

£6,100. The property will require re-assessment to reflect the alterations arising from the separation works related to the ATM and the resultant changes to the floor space.

EPC

Band C

Tenure

Owner Vacant Possession with the exception of the ATM letting detailed above. The vacant property will be sold subject to certain restrictions preventing the following uses: Businesses involving money lending, pawnbrokers/adult sex shops, bookmakers or other gambling businesses, banks/building societies, bars/public houses, the sale of firearms and the sale of any paraphernalia associated with illegal drugs.

Tenancy

The ATM and associated secure room will be subject to a new lease to Royal Bank of Scotland PLC for a term of 5 years at the rent of £2,000 p.a inclusive of VAT. The lease will be subject to an initial three month rent free period. We recommend that interested parties inspect the lease terms which are available from the Seller’s solicitors, DLA Piper Scotland.

Services

The purchaser will be responsible for the electricity supply. The tenant will make a £300 p.a. payment, for the duration of the tenancy, to the Landlord as a contribution towards the Landlord’s utility and maintenance costs.

Viewing

Strictly by arrangement with the Auctioneers SVA Property Auctions Ltd: 0131 624 6640.

Joint Auctioneers

Bilfinger GVA (Edinburgh) Tel: 0131 469 6070.




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