Commercial Development Opportunity, located within a prime location in Kirkcaldy. *** RARE AUCTION PROPERTY ***
Building has potential to convert into 18 apartments. The local area has seen some great residential sales recently showing strong demand.
If Developed, the property could potentially achieve a GDV of £1,710,000,00 based on 18 apartments at £95,000 each. Once developed, property could lend itself to a variety of uses such as Airbnb or Short-term lets. Subject to necessary planning and consent.
Location
Living in Kirkcaldy offers coastal charm, beautiful beaches, and a strong sense of community. The town provides convenient amenities, including shops, schools, and healthcare, making it a comfortable place to live. Its good transport links to Edinburgh and other cities allow for easy commuting while benefiting from a lower cost of living. Overall, Kirkcaldy is an inviting choice for those seeking a balanced lifestyle in a welcoming environment. Investing in Kirkcaldy offers a unique opportunity due to its strategic location, growing economy, and vibrant community. As a town rich in history and culture, Kirkcaldy boasts affordable real estate prices and a variety of business opportunities, particularly in sectors like retail, tourism, and local manufacturing. The ongoing regeneration projects and improved infrastructure are set to enhance connectivity and quality of life, attracting more residents and visitors. By investing now, you can be part of Kirkcaldy's exciting transformation while benefiting from its promising potential for growth and returns.
Accommodation
Property was previously run as an old school and then used as social work offices and has fantastic potential to be turned into a variety of uses. Property requires renovation to benefit from full potential.
Terms
Guide Price - £750,000
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Specification
- Residential Development Opportunity, located within a prime location in Kirkcaldy. *** RARE AUCTION PROPERTY ***
- Building has the potential to convert into 18 apartments. The project has full planning permission, building warrant, and listed building consent in place, making it fully ready for development. The local area has seen some great residential sales recently showing strong demand.- PLANNING REF:21/02127/FULL
- If Developed, the property could potentially achieve a GDV of £1,710,000,00 based on 18 apartments at £95,000 each. Once developed, the property could lend itself to a variety of uses such as Airbnb or Short-term lets. Subject to necessary planning and consent. *** RARE DEVELOPMENT OPPORTUNITY ***
- The development is close to a whole host of local amenities, Two large supermarkets, a local school, and restaurants. It is also a stone's throw away from Pathhead Sands Carpark on the beach.