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Residential Conversion Opportunity, 11-13 St Catherine Street, Cupar, KY15 4LS

3,864 Sq Ft / Other / Residential

For Sale - £100,000.00

Available - Last updated: 29 July 2024

The subjects comprise the first, second and attic floors of a substantial mid terraced property which dates from 1820 and is Category ‘B’ Listed.

The main walls are of stone construction whilst the roof over is pitched and clad in slates.

The property is accessed to the front elevation at ground floor with an internal stairwell providing access to the upper floors. The property was most recently in office use and now benefits from full planning permission for conversion to four flatted dwellings.

Location

Cupar which has a population of some 8,500 persons (Source: Fife Council) is one of the principal towns within Fife and is positioned approximately 16 kilometres (10 miles) west of St Andrews, 24 kilometres (15 miles) south east of Dundee and 70 kilometres (44 miles) northwest of Edinburgh.

Cupar is historically a market town and is occupied by a number of local and national businesses.

The town sits on the A91 trunk road which links Stirling and St Andrews and benefits from access to the main east coast national rail network linking London and Aberdeen.

The town is home to two primary schools and one secondary school as well as Elmwood College.

The subjects are centrally located on St Catherine Street in a mixed residential/commercial location a short distance from Crossgate and Bonnygate the main retail areas within the town.

Accommodation

First Floor - 154.3 sq m (1,661 sq ft)

Second Floor - 156 sq m (1,670 sq ft)

Attic Floor - 49.5 sq m (533 sq ft)

TOTAL - 359.8 sq m (3,864 sq ft)

Terms

RATEABLE VALUE - Rateable Value - £5,000

The property therefore qualifies for 100% rates relief.

PLANNING - The subjects benefit from change of use from offices to form four flatted dwellings with further information available on Fife Council Planning Portal under Reference 22/03581/FUL.

EPC - Available upon request.

TERMS - Our client is inviting offers in excess of £100,000 for their heritable interest with the benefit of the existing planning consent.

VAT - Prices are quoted exclusive of VAT.

LEGAL COSTS - Each party to bear their own legal costs in connection with this transaction.

Specification

  • UPPER FLOORS WITHIN TOWN CENTRE BUILDING
  • PLANNING PERMISSION TO FORM FOUR FLATTED DWELLINGS
  • OFFERS OVER £100,000

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in excess of For Sale Freehold £100,000.00 NA

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Jonathan Reid

Shepherd Commercial

01738 590065

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