Office for sale in Pitreavie Business Park, Queensferry Road, Dunfermline KY11
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Unit 1, Blue Central comprises a modern, detached, two-storey office building of steel frame construction under a pitched roof.
Internally, the property provides good-quality open-plan office accommodation with a specification as follows:-
* Category 2 lighting
* Gas-fired central heating
* Perimeter trunking with Cat 5 cabling
* Male and female WCs on each floor
The subject property occupies a prominent roadside location within Pitreavie Business Park, situated on the south side of Dunfermline.
Pitreavie Business Park is an established commercial location and occupiers within the immediate vicinity include hbos, Dunfermline Building Society, BSkyB and Intelligent Finance.
Transport communications within the area of excellent and the subject property is immediately adjacent to the M90 motorway spur, providing access to the national motorway network. Rosyth railway station, on the main East Coast railway line, is also within half-a-mile of the property.
The premises are presently let to 'Vets Now' at a passing rental of £37,800 per annum excluding VAT, until June 2008. There is significant reversionary potential upon securing a tenant to the upper level.
The premises are for sale at offers over £900,000 with the benefit of the existing lease agreement over the ground floor. If the first floor was let at the same passing rental, the combined total income would total £75,600 which would represent a net initial yield of 7.94% after allowing for purchasers costs at 5.75%. Not withstanding the above, upon the expiry of the existing term, it is felt that the property is presently under rented and therefore there is significant reversionary potential.
The Landlords would additionally consider selling individual floors at offers over £450,000 exclusive of VAT.
Further details are available upon application to the marketing agents.
Glasgow Prestwick Airport
Rosyth Ferry Terminal
South Queensferry Ferry Landing
Inchcolm Island Ferry Landing
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Camdean Primary School
Pitreavie Primary School
Canmore Primary School
Dunfermline High School
Dunfermline Support Centre
Woodmill High School
West Fife Alternative Day Resource
Lochgelly North School
Note: Distance is shown as a straight line measurement
Local info for Fife
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by D M Hall LLP, and do not constitute property particulars. Please contact D M Hall LLP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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