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SOLD STC

19 Pilmuir Street, Dunfermline, Fife, KY12 7AJ

Guide Price
£115,000

Business rates & charges may apply

Online Property Auctions Scotland, Online Property Auctions Scotland
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SECTOR

Commercial development for sale

Key features

  • Planning permission for re-development into 6 two bedroom flats
  • Excellent project for developers
  • Close to a wide range of amenities

Description

FOR SALE BY ONLINE AUCTION THURSDAY 15TH JUNE 2023 AT 9.00AM. Opportunity to purchase a large, two storey commercial unit in Dunfermline, Fife. In need of refurbishment, and with planning permission for redevelopment into 6 two bedroom flats, the property would make an excellent project for developers.

Online Property Auctions Scotland are delighted to present this outstanding investment opportunity in Dunfermline. The subjects are comprised of a large commercial unit set over two floors, with planning permission granted for redevelopment to 6 two bedroom flats over 3 floors.

Planning permission links:
EDBF01DAF4/pdf/20_01255_FULL-03_-_PROPOSED_FLOOR_PLANS-2649505.pdf


Flat size (net floor area)
Flat 1 - 122.8sqm/1322sqft
Flat 2 - 84.8sqm/ 913sqft
Flat 3 - 122.8sqm/1322sqft
Flat 4 - 84.8sqm/ 913sqft
Flat 5 - 126.7sqm/1363sqft
Flat 6 - 113.3sqm/ 1220sqft

Circa 5000sqf, (464.52 square meters) the property has planning permission for for redevelopment into 6 two bedroom flats. This is a great opportunity for investors and developers alike

Requiring refurbishment, this property is likely to attract a high volume of interest from developers. This property has excellent potential and would make a great addition to an investor's portfolio. This is a rare opportunity that is seldom brought from to auction.

Outstanding investment opportunity
Excellent project for developers
Planning permission for re-development into 6 two bedroom flats
Situated close to motorway networks and local amenities

Nearby sold prices:
3, Carnegie Apartments Carnegie Drive, Dunfermline, KY127AX sold (November 2020) £360,000
Apartment 2, Carnegie Apartments Carnegie Drive, Dunfermline, KY127AX sold (October 2020) £236,610
33 Carnegie Drive, Dunfermline, KY12 7AN sold (April 2017) £233,750

Dunfermline is a large town in Fife, with roughly 58,000 residents and a wide range of amenities. The town hosts a wide variety of amenities including the Kingsgate Shopping centre, as well as multiple large supermarkets such as Tesco and Asda. There are many local restaurants and pubs nearby, as well as Pittencrieff and Dunfermline parks. The town is in a great location and is easily accessible from the likes of Stirling and Perth and Edinburgh, making it a popular commuter town

VAT is not 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.

Brochures

19 Pilmuir Street, Dunfermline, Fife, KY12 7AJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Dunfermline Town Station0.5 miles
  • Dunfermline Queen Margaret Station1.7 miles
  • Rosyth Station2.3 miles

Notes

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Disclaimer - Property reference 210223. 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, Online Property Auctions Scotland. 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, Online Property Auctions Scotland 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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