3 Bonnygate Cupar KY15 4BU
£121.10 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,858 sq ft
173 sq m
- SECTOR
Shop for sale
Key features
- PRIME NEW LISTING. We are excited to present this tenanted commercial unit, positioned in a prime and highly visible location within Cupar.
- Currently producing £2,000 per month, which is £24,000 per annum; Rateable Value £17,300 (tapered relief of up to 25%), subject to eligibility.
- A turnkey, income-producing investment that offers immediate cash flow from day one for the shrewd commercial investor.
- Set within a well-connected part of Cupar with excellent access to local amenities, making it an ideal trading position for passing custom.
- Well-maintained and occupied by long-term tenants, with the lease renewed for a further ten years and a rent review mid-way through the term.
Description
- PRIME NEW LISTING. We are excited to present this tenanted commercial unit, positioned in a prime and highly visible location within Cupar.
- Currently producing £2,000 per month, which is £24,000 per annum; Rateable Value £17,300 (tapered relief of up to 25%), subject to eligibility.
- A turnkey, income-producing investment that offers immediate cash flow from day one for the shrewd commercial investor.
- Set within a well-connected part of Cupar with excellent access to local amenities, making it an ideal trading position for passing custom.
- Well-maintained and occupied by long-term tenants, with the lease renewed for a further ten years and a rent review mid-way through the term.
PRIME NEW LISTING. We are excited to present this Tenanted Commercial unit located within prime location in Cupar.
The property is arranged to provide a practical commercial layout comprising a welcoming entrance hall, a spacious main floor area suitable for a wide range of uses, a useful back room for ancillary operations, customer and staff toilets, and a functional kitchen area for day-to-day convenience.
The property is currently producing £2,000 per month, which is £24,000 per annum, creating a straightforward, income-producing opportunity for an investor seeking a tenanted commercial asset from day one. With long-term tenants in place and a renewed lease for a further ten years, together with a rent review scheduled halfway through the agreed period, the lot offers an attractive blend of immediate income and longer-term security, subject to the buyer's own due diligence.
The property is held on a freehold basis, giving the buyer outright ownership and long-term control over the asset.
This commercial unit sits in a prime location with strong local transport links and a wide range of amenities close by, making it a compelling proposition for a purchaser targeting robust occupier demand in an established town centre setting. The unit is presented as well-maintained and is already operating as a tenanted investment, helping to reduce typical void-period risk compared with vacant property purchases.
The property is being offered at a fantastic discount to ensure a sale, and it should appeal to buyers looking for a straightforward purchase with excellent upside potential.
The Rateable Value is £17,300, which may qualify for tapered rates relief of up to 25% under the Small Business Bonus Scheme, subject to eligibility.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location
Cupar is a well-established Fife market town with a busy commercial core that supports strong day-to-day footfall and consistent passing trade, particularly around its central retail and service streets. The town benefits from a broad mix of independent operators and essential services, helping underpin ongoing occupier demand for well-positioned premises. Transport connections are a key draw, with road links to wider Fife and straightforward onward access towards Dundee, Perth and Edinburgh, alongside a local railway station providing convenient regional connectivity. This combination of local commerce, accessibility and an active town-centre environment makes Cupar an appealing base for a range of commercial tenants and investors.
3 Bonnygate Cupar KY15 4BU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cupar Station0.2 miles
- Springfield Station2.3 miles
- Ladybank Station5.3 miles
Notes
Disclaimer - Property reference 226807978. 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 Prime Property, 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 Prime Property, Glasgow on 0141 673 3554.
*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.”