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Property

Auction
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Added > 14 days

Features and description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted
  • AUCTION DATE: 11 January 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)

The property forms a ground floor retail unit currently used as a carpet shop (Retail premises), contained within a three storey block with residential flatted accommodation above. The building appears to be in excess of 100 years old constructed in solid stone walls beneath a pitched and slate covered roof. Net Internal Area: 1,095 Sq.Ft (101.7 Sq.M). Freehold commercial premises within Kirkcaldy town centre. Operated as The Wee Carpet Shop with established tenant in place paying £475 pcm (£5,700 per annum). . Established business premises. Double fronted retail premises with prominent frontage onto the High Street. Established tenant has been in occupation over seven years , and has been a very reliable tenant of the current landlord since 2011. All rental payments, up-to-date. Small-business rates relief as the rateable value is under £12,000. PREMISES COMPRISES: Entrance into main sales area with twin window display onto the High Street, storage area with toilet facilities and kitchen to the rear. Net Internal Area: 1,095 Sq.Ft. (101.7 Sq.M). The shop is well presented internally and appointed with a traditional shop front. Residents association within the building for any communal repairs. Kirkcaldy is one of Fife's principal centres having a population approaching 50,000 people and a catchment area estimated to be in the region of 150,000 persons. The town benefits from an excellent transportation system, having a railway station located on the east coast mainline, which runs from London Kings Cross via Edinburgh to Aberdeen and the East Fife Regional Road providing a first-class dual carriageway link into Central Scotland's motorway network. Fire exit to the pend at the side of the building. Rateable Value (RV) - £6,400 PER ANNUM (Fife Council). Small-business rates relief as the rateable value is under £12,000. Parking in this area of town is also very good for customer parking.

Auction Details
11 January 2024, 10am-3pm
Timed Online Auction

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Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
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We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.
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