For Sale By Auction | 14:00, 19 September 2019

254A, High Street, Kirkcaldy, Fife, KY1 1LA

*Guide | £39,500 (plus fees)

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 19/09/2019

Auction Time

14:00

Auction Venue

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

Commercial unit

This commercial retail unit enjoys prime location on the south side of Kirkcaldy High Street in Fife. The property is presented in good condition having only recently become vacant. The accommodation comprises main retail area, a small store and WC to the rear with a total floor area of approximately 855 sq. feet (79.5 sq. metres). The property also offers a basement with full head height. The current rateable value is £4,650 which means that the property may qualify for rates relief under the Small Business Bonus Scheme. The location and competitive Guide Price makes this an exciting opportunity for a small business start-up venture or, with previous rental achieved of £6,000 p.a., offers an ideal addition to a commercial portfolio.

Tenure

Freehold

Prime High Street location

Parking facilities readily available

Competitive Guide Price

Strong rental yield potential

Suitable for start-up business

Excellent road and transport links

Area

Kirkcaldy is centrally located in Fife on the east coast of Scotland and is the main town for the surrounding area. The town offers a wide range of retail, leisure, transport and other essential facilities and offers easy access to Edinburgh (25 miles to the south) and further afield via the A92 and motorway network.

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.