Commercial Property for sale

Kirkcaldy, KY1 1LN

Under Offer 1,074 sq. ft. | £180,000

Property Description

Commercial information

  • 1,074 sq ft (99 sq m)

Key features

  • Attractive investment property
  • Let to William Hill Organisation Ltd
  • 15 year lease from December 2013
  • Prominent location
  • Offers around £195,000

Full description

The property forms a ground floor retail unit currently used as a bookmakers, contained within a three storey block with residential flatted accommodation above.

The building appears to be in excess of 100 years old constructed in solid stone walls beneath a pitched and slate covered roof. There appears to be a single storey rear projection constructed in similar materials.

Internally, the property has been recently upgraded and fitted out by the existing tenant and comprises front customer facing area, with rear staff facilities and toilet accommodation.

Business

The subjects are currently leased to William Hill Organisation Limited at a passing rent of £15,000 per annum. The lease is due to run to December 2028 from December 2013 on full repairing and insuring terms.

The lease contains a tenant only option to break on the 5th and 10th anniversaries. There are 5 yearly rent review clauses.

A copy of the lease can be forwarded to seriously interested parties.

FOR SALE INVESTMENT **REDUCED PRICE**
81 High Street, Kirkcaldy , Kirkcaldy, KY1 1LN

Fife

O.I.R.O : £180,000

Size: 1074 sq Feet (100 Sq Metres)

Currently: Available

Type: Investment

Status: For Sale

Location: View

Brochure: Download

* Attractive investment property

* Let to William Hill Organisation Ltd

* 15 year lease from December 2013

* Prominent location

* Offers around £195,000

Location

The property is centrally located within Kirkcaldy town centre at the Southern end of High Street a short distance from the prime pedestrianised retail strip which lies adjacent. The unit enjoys a good level of passing traffic and pedestrian footfall. Surrounding occupiers generally comprise a mix of local and national retailers.

Kirkcaldy is one of Fife's principal centres of commerce having a resident population in excess of 50,000 persons and a catchment area estimated to be in the region of 150,000 people. The town benefits from an excellent communication system, lying on the main Edinburgh to Aberdeen line and enjoying a first class dual carriageway link to the M90 and onwards to central Scotland's motorway network.

Description

The property forms a ground floor retail unit currently used as a bookmakers, contained within a three storey block with residential flatted accommodation above.

The building appears to be in excess of 100 years old constructed in solid stone walls beneath a pitched and slate covered roof. There appears to be a single storey rear projection constructed in similar materials.

Internally, the property has been recently upgraded and fitted out by the existing tenant and comprises front customer facing area, with rear staff facilities and toilet accommodation.

Business

The subjects are currently leased to William Hill Organisation Limited at a passing rent of £15,000 per annum. The lease is due to run to December 2028 from December 2013 on full repairing and insuring terms.

The lease contains a tenant only option to break on the 5th and 10th anniversaries. There are 5 yearly rent review clauses.

A copy of the lease can be forwarded to seriously interested parties.

More information from this agent

Nearest stations

  • Kirkcaldy (0.3 mi)
  • Kinghorn (2.8 mi)
  • Glenrothes with Thornton (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

DM Hall , Dunfermline

27 Canmore Street, Dunfermline, KY12 7NU

01383 328014 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Kirkcaldy (0.3 mi)
  • Kinghorn (2.8 mi)
  • Glenrothes with Thornton (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

DM Hall , Dunfermline

27 Canmore Street, Dunfermline, KY12 7NU

01383 328014 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2590. 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 DM Hall , Dunfermline. 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.

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