Eden Connelly
edenc@jacksoncriss.co.uk
0207 637 7100
92/94 Market Street & 1/4 Logie's Lane
- St Andrews is one of Scotland's most prestigious towns and is an internationally renowned destination.
- St Andrews draws a significant amount of domestic and international tourism year-round, driven by its world-renowned golf course, the University of St Andrews and its historic cathedral and castle.
- The property occupies a prime position on Market Street - St Andrews' principal retail thoroughfare.
- Excellent retailer performance with just two vacancies across all units on Market Street and South Street.
- The 4 units are configured in an L-shape, extending to 9,132 sq ft (848 sq m), offering a prominent double frontage on Market Street, with two further units on Logie's Lane.
- Fully let to 4 tenants, including national multiples Mountain Warehouse and Card Factory with a passing rent of £347,500 per annum.
- 58% of income secured to national multiples.
- Heritable interest (Scottish equivalent of English Freehold)
Yield:
7.25 %
Price:
£4,500,000
Contact:
Philip Hay
07770 580 590
phay@jacksoncriss.co.uk
Rhodri Jones
07570 684 444
rjones@jacksoncriss.co.uk