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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

Licensed neighbourhood restaurant in prime Fife location. Tenant is paying £376.96 per week on an unwritten lease agreement. All payments have been received and up to date. Established local business.

Fitted out to a very high standard internally. Open plan restaurant (see images) with kitchen/food prep area, seating area with table and customer male/female toilet facilities.

BASE LEVEN LTD - VAT-Free investment opportunity. Base is a friendly restaurant bar offering a relaxed atmosphere offering Breakfast, Lunch, Dinner, Brunch, Drinks.

PRIME LOCATION - Leven is an expanding coastal town on the shores of the Firth of Forth and forms part of the Levenmouth area which has a resident population in the region of 25,000 persons.

PUBLIC HOUSE - Located right in the heart of Leven, Fife, BASE is your go-to spot for incredible pizza, pasta, and grill dishes that bring people together. Freehold Sale - Full ownership.

Excellent Trading Position Ground floor commercial unit benefits from strong footfall, good visibility, and close proximity to local shops, public transport links, and the town centre amenities. Licensed neighbourhood restaurant in prime Fife location. Tenant is paying £376.96 per week on an unwritten lease agreement. All payments have been received and up to date. Established local business. Potential for RATES RELIEF (SUBJECT TO QUALIFICATION). RV - £19,100 (per annum). The value shown above is the most up to date value expected to apply from 01 April 2026 as a result of the rating revaluation. Fitted out to a very high standard internally. Open plan restaurant (see images) with kitchen/food prep area, seating area with table and customer male/female toilet facilities. Super commercial investment in excellent location. PRIME LOCATION - Leven is an expanding coastal town on the shores of the Firth of Forth and forms part of the Levenmouth area which has a resident population in the region of 25,000 persons.

Leven is an expanding coastal town on the shores of the Firth of Forth and forms part of the Levenmouth area which has a resident population in the region of 25,000 persons. It is approximately 10 miles north east of Kirkcaldy. The town is the main commercial centre for the Levenmouth area which consists of a range of small towns and villages, including Buckhaven, Kennoway, Methil and Windygates. There are good road links to the area with the A92 link road approximately 12 km. This link provides dual carriageway access to the Scottish motorway network. There is also a regular bus service to the area and surrounding centres of employment. The town of Leven provides good transport, shopping and educational facilities. Local employers include Diageo. The economy of the area has been traditionally based on industry with the main source of employment being the distillers complex operated by Diageo. Leven is subject to an ongoing, £116 million investment to reinstate the railway line connecting Leven to the wider Fife Circle Line. It is anticipated that the railway line will improve accessibility and thereby open the town up to further investment and infrastructure.

Full Address: 97 North Street, Base Restaurant, Leven, KY8 4LY

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length:
Rent: £0 per year / £0 per month
Yield: % (approx)
Tenant: Private Individual
Notes: BASE LEVEN LTD

Document Downloads

  Legal Docs (Pending)

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Pricing Information & Bidding

Opening Bid: £125,000

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Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 15 January 2026, 10am-3pm
Type: Timed Online Auction

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