Property Details

 
Unit 7, Mitchelson Industrial Estate
 
Offers Over £325,000
 
Under Offer
 
UNIT 7, MITCHELSON INDUSTRIAL ESTATE
Midfield Road, Kirkcaldy KY1 3NL

QUALITY INDUSTRIAL UNIT PROVIDING WAREHOUSING AND OFFICE ACCOMMODATION

CLOSING DATE 12 noon on Tuesday 9th July 2019

An Industrial Unit with Secure Yard and Parking.
LOCATION
Kirkcaldy lies on the north bank of the Firth of Forth and is one of Fifes principle centres of commerce having a resident population in the region of 50,000 people. The town enjoys an excellent communication system having a mainline Railway Station and the A92 East Fife Regional road provides dual carriageway network into central Scotland’s motorway network.
The property is located within Mitchelston Industrial Estate which is the main Industrial Estate and is situated on the northern outskirts of the town.

DESCRIPTION
The subjects comprise a detached industrial unit of steel portal frame construction with 2 loading bays and excellent eaves height. There is a large secured parking area to the rear of the property with a number of car parking spaces located at the front of the property. There are number of portacabins connected to the building that will remain in situ. The gross Internal Area of the main warehouse extends to 924.48 sq m (9,951 sq ft). The site itself extends to 0.545 ha (1.35 acres).

SERVICES
All mains services are connected to the property and the drainage is understood to be connect to the main sewer. All interested parties should satisfy themselves as to the standard and serviceability of the systems.

BUSINESS RATES
We are advised by the local Assessor the property currently has a rateable value of £41,400. The current Uniform Business Rate is 48 pence resulting in rates payable (2018/2019) of approximately £19,872 per annum.

DEVELOPMENT CLAWBACK
As the site is being sold by NHS Fife – A development clawback will be applicable on the sale and further details are available from the selling agents.

BIDDING PROCESS
Ballantynes will administer the sale of the property on behalf of NHS Fife and all enquiries should be made to Ballantynes in the first instance. The heritable Interest is offered for sale as a whole with vacant possession. Parties should register their interest in order to be kept advised of any Closing date being set. Please note that agents acting on behalf of potential bidders must advise Ballantynes for whom they are acting.
Bidders should note the following information will be required
Bidding Parties Name
Headline price and method of payment
Clawback provisions
Conditions of purchase
Timetable of purchase
Evidence of Funding
Legal representative details.

In order to bid parties must note their interest with the selling agents and further details on how to bid will then be supplied.
The owner reserves the right to sell the property without any reference to any other party. Interviews may be held after the closing date. The client shall not be bound to accept the highest or indeed any offer.

PRICE
The subjects are available to purchase at offers in excess of £325,000.

VAT
Unless otherwise stated all prices quoted are exclusive of VAT. Prospective purchasers must satisfy themselves independently as to the incidence of VAT in respect of any transactions.

COST
Each party will be responsible for their own legal costs incurred with the ingoing purchaser being responsible for any tax/duty etc.

EPC
The property has a F rating.

VIEWING
Viewing is strictly by appointment only, by contacting the sole selling agents, Ballantynes, Edinburgh Office.
 
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.