For Sale By Auction | 14:00, 27 June 2019

98, High Street, Cowdenbeath, Fife, KY4 9NF

*Guide | £29,500+ (plus fees)

  • Bar
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 27/06/2019

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Business opportunity

If you're looking for your next business opportunity then this could be the one for you. The former Kilt n Keg public house enjoys prime location with excellent passing trade on Cowdenbeath High Street and the current owners have been successfully renting the property for around 25 years with the most recent rental levels being £7000 p.a. The property is well presented and extends to an overall area of 1,198 sq. feet (approx 110 sq. metres) and also benefits from a rear courtyard/beer garden. The current rateable value is published as £8100 which means that the new owners of this property could potentially qualify for rates relief under the small business bonus scheme. This property would be ideal for an investor looking to add to his commercial rental portfolio or, alternatively, could offer an exciting and keenly priced business opportunity for an owner operator.

Tenure

Freehold

Prime High Street position

Good volumes of passing trade

Outstanding potential rental returns

Keenly priced business opportunity

May be eligible for rates relief

Commercial rental or owner operator business

Area

Cowdenbeath is located approximately five miles northeast of Dunfermline. The town boasts a good selection of shops, modern leisure centre, golf course and further recreational facilities. The primary and secondary schools are easily accessible. It has its own railway station connecting with both Dunfermline and Edinburgh. The town has easy access to the M90 and A92 motorway network, which makes commuting particularly easy.

Local Authority

Fife Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

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