For Sale By Auction | 14:00, 29 November 2018

1/3, Stenhouse Street, Cowdenbeath, Fife, KY4 9DA

*Guide | £20,000+ (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 29/11/2018

Auction Time

14:00

Auction Venue

200 St Vincent Street, Conference and Events Venue, Glasgow, G2 5RQ

Commercial retail unit

This double fronted commercial retail unit enjoys prime location just off the High Street in central Cowdenbeath and offers a number of different business options. The property comprises two distinct operating areas with a total floor space of approx 46 sq. metres (500 sq. feet) and, with two entrances, there would be an option to subdivide subject to necessary consents/permissions. The property was most recently operated as a t-shirt printing and dancewear business but would be suitable for a variety of alternative uses too. The current owners have previously rented the property for £100 per week representing a rental yield of 20.8% at published Guide. The published rateable value is £4,100 which means that this property would potentially qualify for rates relief under the small business bonus scheme.

Tenure

Freehold

Prime town centre location

Variety of business use options

Excellent opportunity for small business start up

Low rateable value may qualify for rates relief

Keenly priced to ensure quick sale

Area

The town of Cowdenbeath is centrally situated in Fife and commuters benefit from its convenience to the neighbouring towns of Glenrothes, Kirkcaldy, Dunfermline and Lochgelly. There are good bus services to these centres in addition to the regular train services from the local station to Edinburgh and all stops on the Fife circle route. Quick access can be gained to the A92 which offers direct access onto the M90 motorway network linking to Edinburgh in the south and Perth and Dundee to the north. The town is also well served by a good range of retail outlets and has a real community feel. Some of the best recreational and social facilities in the county are to be found at the nearby Lochore Meadows Country Park and other local areas of natural beauty providing good opportunities for sailors, anglers, golfers and walkers. In addition, there are varied attractions to be found at Fife Leisure Park at Junction 3 of the M90 are only a short drive away

Local Authority

Fife Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.