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5 bedroom commercial property for sale

2, Bishops Court, Kennoway, KY85LA

Removed £200,000

Property Description

Key features

  • **EXCELLENT INVESTMENT OPPORTUNITY** Property Consists of A LET Retail shop, 5 Bedroom Dwelling. DM HALL Commercial Valuation of 425,000
  • Gross Internal Floor area of the retail unit is 1,520 sq feet (141 sqm) and the upper floor flat extends to 1,375 sq feet (128 sqm). DM HALL VALUATION DATED 2011 - 425,000
  • Currently Let at 14,400 per annum on a FRI Lease. Lease expires 2023. Property has a rateable value of 10,600. Rates broken down to: Post office 2 Bishops court 1,800 General Store 2 Bishops Court
  • This property benefits from Being in a Residential area. Lots of passing trade from the local residents. There is also a large car park.
  • Kennoway is a village in Fife, Scotland, near the larger population centres in the area of Leven and Methil. It is about three miles inland from the Firth of Forth.

Full description

**EXCELLENT INVESTMENT OPPORTUNITY** Property Consists of A LET Retail shop and 5 Bedroom Dwelling. DM HALL Commercial Valuation of £425,000. The flat comprises: Ground Floor : Entrance Hall. First Floor: Landing, hallway, Living room 5 Bedrooms one with W/C, Kitchen and bathroom. Retail Shop comprises: Sales Area, Post office counter, Kitchen/staff room, Store and toilet. Gross Internal Floor area of the retail unit is 1,520 sq feet (141 sqm) and the upper floor flat extends to 1,375 sq feet (128 sqm). DM HALL VALUATION DATED 2011 - £425,000. Great Investment opportunity. Variety of options for potential buyers. Property could be purchased and split to sell individually. Current rental for the retail premises is £1,200 pcm which provides £14,400 per annum. 4 Bedroom Properties within the area are selling for upwards of £110,000. Currently Let at £14,400 per annum on a FRI Lease. Lease expires 2023. Property has a rateable value of £10,600. Rates broken down to: Post office 2 Bishops court £1,800 General Store 2 Bishops Court £8,800. Kennoway is a village in Fife, Scotland, near the larger population centres in the area of Leven and Methil. It is about three miles inland from the Firth of Forth. The property is situated approximately 5 miles to the east of Glenrothes with easy access via a number of trunk roads to include the A911 and A915. Edinburgh is approximately 40 minutes away, with Dundee 40 minutes drive. Phone or submit an enquiry form to get the full Auction Catalogue and further details regarding this sale. Future Property Auctions, Scotland's Largest Land and Property Auctioneer.

Map & Street View

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