20-38, 52 Woodside Way, Glenrothes, KY7 5DF, 20 Woodside Way, Glenrothes, KY7 5DF
- SIZE AVAILABLE
500 sq ft
46 sq m
- SECTOR
High street retail property for sale
Key features
- Busy thoroughfare
- Residential area
- Income of £19,720 pa
- Offers over £225,000
- Net Initial Yield 8.7%
- Potential Yield 16.2%
Description
The subjects comprise a parade of 7 ground floor retail units of masonry construction, under a flat roof. The building is arranged over three floors, providing retail space on the ground floor and residential accommodation above.
Each unit benefits from glazed frontage and single access door to the front elevation. Internally, the units benefit from open plan sales areas with storage and staff welfare areas to the rear.
Location
Glenrothes is a town situated in the heart of Fife, in east-central Scotland. The town lies approximately 5 miles north of Kirkcaldy and has an excellent communication system including main line railway stations at both Markinch and Thornton. The town also benefits from the A92 East Fife Regional road which provides a first class dual carriageway linking to central Scotland’s motorway network.
The subjects are situated on the north side Woodside Way, Glenrothes. Woodside
Way is situated within the catchment of Woodside in a highly populated residential area. Nearby occupiers include Barrie’s Barbers, Woodside Community Centre and Easy Stop.
Accommodation
Each unit has a net internal area of circa 500 sq ft.
Tenancies
Lease documentation can be made available to genuinely interested parties.
Tenure
Heritable Interest (Scottish equivalent of English Freehold).
Price
Offers over £225,000 are invited for our clients heritable interest (Scottish equivalent to English Freehold) subject to the lease agreements in place. A purchase at this level would reflect a NIY of 8.7% after purchasers' costs and a potential yield of 16.2% after the 3 vacant units are let.
Rateable Values
We refer you to the Scottish Assessors Association website for details.
EPC
Copies of the Energy Performance Certificates (EPC) are available upon request.
What3words
trade.reward.army
Brochures
20-38, 52 Woodside Way, Glenrothes, KY7 5DF, 20 Woodside Way, Glenrothes, KY7 5DF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Markinch Station1.0 miles
- Glenrothes with Thornton Station2.1 miles
- Cardenden Station5.5 miles
Notes
Disclaimer - Property reference 272009-1. 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 Kirkstone, 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.
Map data ©OpenStreetMap contributors.