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Informations principales sur l'investissement

  • In close proximity to St Andrews university Campus
  • Centrally located in St Andrews

Résumé analytique

A former cinema of masonry construction which has been converted into a sports bar and lounge with sports simulators. The university town of St Andrews is situated on the north east coast of Fife approximately 25 km (15 miles) south of Dundee, 56 km (35 miles) east of Perth and circa 80 km (50 miles) north east of Edinburgh. The subject is situated at the northern extent of North Street which is located on the fringe of the main commercial centre and adjacent to the university campus. The surrounding area comprises a mix of retail, office, licensed and residential FIND ON GOOGLE MAPS properties.

1 Lot disponible

  • Lot
  • Surface du lot
  • Usage du lot en coprop.
  • Prix
  • RNE
  • Lot 119
  • 311 m²
  • Local commercial
  • 762 712 € (2 454,34 €/m²)
  • 50 262,71 €
Type de vente Investissement
Taux de capitalisation 6,59%
Droit d’usage Pleine propriété
Description
The subjects form part of the Category B Listed building formerly known as The New Picture House, understood to date from 1931 and now operated by T-Squared Social as a sports and entertainment venue. T-Squared Social is an internationally recognised leisure and entertainment operator backed by Justin Timberlake and Tiger Woods. Access is via a ground floor stairwell entrance from North Street with the principal accommodation located on the upper floors. The accommodation comprises an open-plan restaurant and bar providing approximately 70 covers, together with a bar and waiting area offering additional seating. The property also benefits from a fully fitted kitchen, storage areas, office accommodation, and WC facilities. Externally, there is a small outdoor seating area to the front elevation.
Notes sur la vente
The subjects are let to TS SA PROPERTY HOLDINGS LIMITED on full repairing and insuring terms until 15th December 2049 with an option to extend to 2079. The annual rent is currently £45,000 with 5 yearly upward only rent reviews starting from the 16th  December 2029. A copy of the lease can be provided to all interested parties.

The tenant has right of first refusal to purchase.
Lot Surface du lot Usage du lot en coprop. Prix RNE
Lot 119 311 m² Local commercial 762 712 € (2 454,34 €/m²) 50 262,71 €

Lot 119

Surface du lot
311 m²
Usage du lot en coprop.
Local commercial
Prix
762 712 € (2 454,34 €/m²)
RNE
50 262,71 €

Lot 119

Surface du lot 311 m²
Usage du lot en coprop. Local commercial
Prix 762 712 € (2 454,34 €/m²)
RNE 50 262,71 €
Type de vente Investissement
Taux de capitalisation 6,59%
Droit d’usage Pleine propriété
Description
The subjects form part of the Category B Listed building formerly known as The New Picture House, understood to date from 1931 and now operated by T-Squared Social as a sports and entertainment venue. T-Squared Social is an internationally recognised leisure and entertainment operator backed by Justin Timberlake and Tiger Woods. Access is via a ground floor stairwell entrance from North Street with the principal accommodation located on the upper floors. The accommodation comprises an open-plan restaurant and bar providing approximately 70 covers, together with a bar and waiting area offering additional seating. The property also benefits from a fully fitted kitchen, storage areas, office accommodation, and WC facilities. Externally, there is a small outdoor seating area to the front elevation.</li></ul>
Notes sur la vente
The subjects are let to TS SA PROPERTY HOLDINGS LIMITED on full repairing and insuring terms until 15th December 2049 with an option to extend to 2079. The annual rent is currently &#163;45,000 with 5 yearly upward only rent reviews starting from the 16th&nbsp;&nbsp;December 2029. A copy of the lease can be provided to all interested parties.<br> <br> The tenant has right of first refusal to purchase.</li></ul>

Informations sur l’immeuble

Les informations ci-dessous concernent l’ensemble de l’immeuble. Les caractéristiques propres à chaque lot peuvent varier et sont précisées dans la description du lot présenté ci-dessus.
Surface totale de l’immeuble 2 323 m²
Type de bien Local commercial (Lot en copropriété)
Sous-type de bien Bar
Classe d’immeuble C
Étages 2
Surface type par étage 1 161 m²
Année de construction 1933
Surface du lot 0,28 ha

Caractéristiques

  • Accès 24 h/24
  • Mezzanine

Principaux commerces à proximité

Black Sheep Coffee
Starbucks
Sainsbury's
Bank of Scotland
Barclays Bank
Lloyds Bank
Zizzi
Nando's
Londis
Costcutter
  • ID de l’annonce: 40660694

  • Date de mise sur le marché: 26/05/2026

  • Dernière mise à jour:

  • Adresse: 117-121 North St, St Andrews KY16 9AD

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