Offers in region of
£500,000
(£79.33/sq. ft)
Office for saleUnit 4, Lomond Business Park, Glenrothes KY6
6,303 sq. ft
EPC Rating: F
About this property
Let to Fife Women's Aid, a well established charity organisation
Passing at £50,000 per annum on a 10 year Fri lease from 16th August 2024
Established office park location with excellent on site parking
10 year lease with 5 yearly rent reviews and a tenant break option at year 5
Future potential for other office lettings, business centre use etc
Well presented and landscaped grounds surrounding
Offers in the region of £500,000 invited
The subjects comprise a well presented office investment with approx 8 years remaining on the lease. The building is of a two storey, stand alone design benefitting from an excellent on site parking provision and landscaped grounds.
Internally it has been fitted to provide a range of open plan and smaller office/meeting rooms, suited to the tenants on going requirements.
Location
Glenrothes is a former New Town and is one of Fife’s principal centres of population, occupying a central location within the region and having a resident population in the order of 40,000.
Lomond Business Park is situated between the Southfield and Caskieberran areas of Glenrothes. Less than 5 minutes’ drive east of the Bankhead roundabout, which provides direct access to the main A92 and in turn the M90, providing connectivity to Edinburgh, Dunfermline, Kirkcaldy, St Andrews and Dundee. The subject property is located on the eastern side of Baltimore Road in a small development of similar office pavilions .
The offices are prominently located in Lomond Business Park, a popular office location which includes occupiers such as Lomond Group, Adamson Doors, dps Group and smaller business centre operators.
Viewings
Strictly through the sole selling agents.
Terms
The property is let to Fife Women's Aid, a well established charitable organisation. The lease is for a period of 10 years from 24th August 2024 incorporating a tenants break option and upward only Rent Review at year 5.
The passing rental is £50,000 with the lease structured on typical, Fri terms.
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