For Sale – Vehicle Repair Garage Investment
Unit C, 24 - 42 Gardeners Street,
Dunfermline,
KY12 0RN
Price on Application
- Sizes:
- 2881 sqft,
- 267.65 ㎡
Type: Purchase
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Summary
- Car garage investment located in prominent position in Dunfermline City Centre
- 25 year lease from 15/04/2021
- Annual rental payable of £18,000 - £6.25 per sq.ft
- Well presented, good quality garage investment
- On site yard and parking provision
- Gross Yield of circa 8.2%
- Offers in the region of £220,000 plus VAT are invited
Location
Dunfermline is one of Fife‚s principal centres of commerce, with a population of 55,000 and a catchment area exceeding 150,000 people. The city occupies a key location within Fife, situated several miles north of the Queensferry Crossing, the Forth Road and Rail Bridges and adjacent to the M90 motorway.
The subjects occupy a prominent position on Gardeners Street, lying within the main Dunfermline City Centre. They are located just behind the Carnegie Retail Park which is home to Puregym, Matalan and B & and Q. They front directly onto Gardeners Street and benefit from a range of operators nearby including C R Smith, Sitech Racing and Taylor Sulliven Funeral Directors.
Description
The subjects comprise a semi detached, single storey industrial workshop currently trading as a vehicle repair workshop. The larger unit forms an L shape building around a surfaced parking/yard area with the sale property fronting directly onto the car park and Gardeners Street itself.
The building is of brick/block construction, rendered externally under a pitched roof clad in profile metal sheeting. Access is by a roller vehicle entrance door or pedestrian pass doors.
The property also benefits from a shared parking/yard area to the front which is fully surfaced and delineated for parking with the subjects benefiting from circa 6 dedicated spaces and direct access to their vehicle entry point.