- Buy
- Rent
- Portfolios
Advertise
- Sign In
- Register

Newbridge Retail Park Newbridge Retail Park, Glenrothes, KY6 1PE
Use Class
E
Price
£1,830,000
Market Sector
Retail & Shopping Park
Key Features
Modern, purpose-built convenience retail parade prominently situated on South Parks Road within an established and densely populated residential area of Glenrothes.
Seven units extending to approximately 10,297 sq ft in total.
Well-established needs-based tenant line-up anchored by Tesco Express, together with Papa Johns, Coral, Barnardo’s and a range of local convenience and service operators.
Approximately 70% of the income is secured against national covenants, with Tesco Stores Limited accounting for approximately 40% of the total income.
Total passing rent of £177,114 per annum, reflecting an average of approximately £17.10 per sq ft across the principal retail accommodation.
Weighted Average Unexpired Lease Term of approximately 4.86 years to break and 6.75 years to expiry.
Offers over £1,830,000, exclusive of VAT, reflecting a Net Initial Yield of 9.02% after allowing for LBTT and standard purchaser’s costs.
Description
Modern Convenience Retail Parade - Investment Sale
The property comprises a modern, purpose-built convenience retail parade arranged over ground floor, with the principal accommodation extending to approximately 10,297 sq ft. The parade is configured as a series of self-contained retail and service units, anchored by a 4,132 sq ft Tesco Express store. The remaining units are occupied by a mix of food, convenience, charity retail, betting, tanning and vaping uses.
The units front the customer parking and circulation area serving the parade. The accommodation has been fitted out by the respective tenants in accordance with their occupational requirements. There is individual unit servicing access to the rear.
Location
Glenrothes is one of Fife’s principal towns and an established administrative, commercial and industrial centre. The town has a resident population of approximately 40,000 and occupies a strategic position within east-central Scotland, approximately 30 miles north of Edinburgh and 20 miles south of Dundee.
The town benefits from good road communications, with the A92 providing the principal arterial route through Fife and connections to Dundee, Kirkcaldy, Dunfermline and the M90 motorway. The M90 provides onward access to Edinburgh, the Queensferry Crossing and the wider Scottish motorway network. Rail services are available from Markinch and Glenrothes with Thornton stations on the Edinburgh to Aberdeen line, while an established local bus network connects the town with surrounding communities.
Key Information
Viewing
Strictly by appointment with EYCO - 0131 226 2641.
Disclaimer
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
All data ©2026 Completely Property Technology Limited