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183-187 High Street, Kirkcaldy, Fife, KY1 1JA

Guide Price
£159,000

Business rates & charges may apply

Online Property Auctions Scotland Limited, Glasgow
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SECTOR

High street retail property for sale

Key features

  • Large three story, commercial unit
  • Prime, high street location
  • Potential end-market rental income of up to £40,000 per annum

Description

PRICE DROP - WAS £210,000 NOW ONLY £159,000! *** FOR SALE BY ONLINE AUCTION THURSDAY 16TH MAY 2024 AT 9.00AM. Opportunity to purchase a large, three story, commercial unit in Kirkcaldy. Situated on a prime High Street location and benefiting from having rear loading access with parking available to the rear of the property. Potential end-market rental income of up to £40,000 per annum. Delivering a fantastic yield of 19% at current guide price.

Online Property Auctions Scotland are delighted to present this outstanding investment opportunity in Kirkcaldy with potential for multiple uses. The subjects are comprised of a large three story, commercial unit circa 9,397 Sq Ft unit, with frontage onto pedestrianised High Street and rear loading access with parking available to the rear.

Likely to attract a high volume of interest from investors, this spacious commercial unit, set over three property has excellent potential and would make a great addition to an investors portfolio. This is a rare opportunity that is seldom brought from to auction.

Large, three storey commercial unit
Outstanding investment opportunity
Prime, high street location. High footfall area.
Rear loading access with parking available to the rear
Potential end-market rental income of up to £40,000 per annum. A yield of 19% at current guide price.

Kirkcaldy is a town and former royal burgh in Fife, on the east coast of Scotland. It is about 11.6 miles (19 km) north of Edinburgh and 27.6 miles (44 km) south-southwest of Dundee. Kirkcaldy is Fife's largest town with a resident population of approximately 50,000 and a further catchment area now estimated to be in excess of 150,000 persons. Excellent commuter base for Edinburgh.

VAT is applicable on this lot.

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Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm. All prices quoted are exclusive of VAT.

Brochures

183-187 High Street, Kirkcaldy, Fife, KY1 1JA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kirkcaldy Station0.3 miles
  • Kinghorn Station3.0 miles
  • Glenrothes with Thornton Station3.6 miles

Notes

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Disclaimer - Property reference 244902. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auctions Scotland Limited, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Online Property Auctions Scotland Limited, Glasgow on 01409 335799.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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