No longer on the market
This property is no longer on the market
MapRetail property (high street)
Auction
Retail property (high street)
Features and description
- Prominent location and great local trade
- Estimated size of each retail unit is 46.45 sq. m. (500 sq. ft.)
- Yield of nearly 13%
*AVAILABLE FOR IMMEDIATE PURCHASE, PRE AUCTION OFFERS ARE WELCOME ON THIS PROPERTY. CONTACT OUR OFFICE TO DISCUSS*
FOR SALE BY ONLINE AUCTION THURSDAY 25TH JANUARY 2024 AT 9.00AM. Online Property Auctions Scotland are delighted to offer this retail property on prominent main road in Glenrothes. currently tennanted by a hairdressers with a lease in place until January 2027 at £480 pm, providing a rental yield in excess of 13% at Guide Price.
*Fantastic opportunity*
- Outstanding investment
- Prominent location and great local trade
- Paying tenant.
- Lease in place until January 2027.
- Current rent of £480 per month.
- Rental yield around 13%.
- This property is subject to VAT.
Compact commercial unit located within a parade of similar units. The retail unit forms part of a larger development with residential housing above.
Glenrothes is situated in the heart of Fife, in east-central Scotland. It is about 30 miles north of Edinburgh, 30 miles south of Dundee and 8 Miles from Kirkcaldy. Glenrothes is the third largest settlement in Fife with a residential population now estimated to be in the region of 50,000. It benefits from excellent transportation links, located minutes from the A92 Fife's regional road which connects to the M90 leading to Dundee and Aberdeen. The subjects are situated on the north side Woodside Way, Glenrothes. Woodside Way is situated within the catchment of Woodside in a highly populated residential area. Nearby occupiers include Alpha Aquatic and Pets, Kandy and EasyStop LTD.
Nearby sales include:
3 Woodside Way - £98,000 - 2023
1 Woodside Way - £90,000 - 2021
7 Woodside Way - £80,000 - 2018
To view legal documents relating to this property please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/ Special Conditions in the Legal pack to confirm.
The property is subject to VAT.
FOR SALE BY ONLINE AUCTION THURSDAY 25TH JANUARY 2024 AT 9.00AM. Online Property Auctions Scotland are delighted to offer this retail property on prominent main road in Glenrothes. currently tennanted by a hairdressers with a lease in place until January 2027 at £480 pm, providing a rental yield in excess of 13% at Guide Price.
*Fantastic opportunity*
- Outstanding investment
- Prominent location and great local trade
- Paying tenant.
- Lease in place until January 2027.
- Current rent of £480 per month.
- Rental yield around 13%.
- This property is subject to VAT.
Compact commercial unit located within a parade of similar units. The retail unit forms part of a larger development with residential housing above.
Glenrothes is situated in the heart of Fife, in east-central Scotland. It is about 30 miles north of Edinburgh, 30 miles south of Dundee and 8 Miles from Kirkcaldy. Glenrothes is the third largest settlement in Fife with a residential population now estimated to be in the region of 50,000. It benefits from excellent transportation links, located minutes from the A92 Fife's regional road which connects to the M90 leading to Dundee and Aberdeen. The subjects are situated on the north side Woodside Way, Glenrothes. Woodside Way is situated within the catchment of Woodside in a highly populated residential area. Nearby occupiers include Alpha Aquatic and Pets, Kandy and EasyStop LTD.
Nearby sales include:
3 Woodside Way - £98,000 - 2023
1 Woodside Way - £90,000 - 2021
7 Woodside Way - £80,000 - 2018
To view legal documents relating to this property please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/ Special Conditions in the Legal pack to confirm.
The property is subject to VAT.