Generously sized commercial premises located in the bustling town of Kirkclady. Fantastic potential to run a business. *** Guide price £65,000 ***
The property was previously successfully let as a music and instrument shop. Sure to appeal to owners of similar operational scale.
The property consists of a generously sized main shop floor area, private office/ workshop area towards the rear of the premises, two toilets and ample storage compartments throughout.
For rental purposes, the property could attract an annual income of £10,200 - £11,100 per annum. - ***HIGH YIELD POTENTIAL***
Prime Opportunity for Commercial investors looking for a property in an excellent location with high yield potential. Sure to appeal to investors looking for an affordable commercial investment opportunity. Fantastic opportunity for owner occupiers looking for an affordable commercial premises to occupy as a business.
Property benefits from a rateable value of £7,600 per annum, benefiting from SMALL BUSINESS RATES RELIEF. Sure to appeal to occupiers looking for affordable commercial premises to occupy as a business.
Location
Nestled on the scenic east coast of Scotland, Kirkcaldy is a thriving town in the historic county of Fife. Known as the "Lang Toun" due to its original mile-long main street, Kirkcaldy seamlessly blends rich history with modern development, making it an ideal location for commercial ventures.
Kirkcaldy enjoys an enviable strategic position within Fife, providing excellent connectivity and accessibility. Key transport links include: The A92 and M90 motorways facilitate smooth travel to major cities like Edinburgh (25 miles) and Dundee (30 miles). The Kirkcaldy railway station offers frequent services to Edinburgh, Dundee, and beyond, ensuring easy access for clients and employees.
Kirkcaldy is a bustling commercial hub with a diverse economy. Key attributes include: A supportive business environment with local enterprise agencies and a vibrant chamber of commerce promoting growth and collaboration. A well-established retail sector, complemented by local businesses and national chains, drives significant footfall and consumer spending. Initiatives like the Waterfront Development Project are transforming the townscape, offering prime real estate for commercial use.
Accommodation
Property may lend itself for a variety of uses given its size and location. The property could be let as a general store, shop, barbers, hairdressers, or cafe, subject to obtaining permissions and licensing.
Terms
Guide Price - £65,000
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
- Generously sized Commercial premises located within a prime location in Kirkcaldy. Fantastic potential to run a business - ***Guide price £65,000***
- Sure to appeal to shrewd commercial investors looking for a rare Commercial premises with great high yield potential.
- For rental purposes, property could achieve between £850 - £925 per calendar month (£10,200 - £11,100 per annum). This would return an excellent 15.7% - 17.1% gross yield based on a guide price of £65,000. *** FANTASTIC COMMERCIAL YIELD ***
- Property benefits from a rateable value of £7,600 per annum, benefiting from SMALL BUSINESS RATES RELIEF. Sure to appeal to occupiers looking for affordable commercial premises to occupy as a business.
- Property is located on a bustling street in Kirkcaldy and benefits from large passing footfall.