Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Large three story, commercial unit
- Prime, high street location
- Potential end-market rental income of up to £40,000 per annum
Online Property Auctions Scotland are delighted to present this outstanding investment opportunity in Kirkcaldy with potential for multiple uses. The subjects are comprised of a large three story, commercial unit circa 9,397 Sq Ft unit, with frontage onto pedestrianised High Street and rear loading access with parking available to the rear.
Likely to attract a high volume of interest from investors, this spacious commercial unit, set over three property has excellent potential and would make a great addition to an investors portfolio. This is a rare opportunity that is seldom brought from to auction.
Large, three storey commercial unit
Outstanding investment opportunity
Prime, high street location. High footfall area.
Rear loading access with parking available to the rear
Potential end-market rental income of up to £40,000 per annum. A yield of 19% at current guide price.
Kirkcaldy is a town and former royal burgh in Fife, on the east coast of Scotland. It is about 11.6 miles (19 km) north of Edinburgh and 27.6 miles (44 km) south-southwest of Dundee. Kirkcaldy is Fife's largest town with a resident population of approximately 50,000 and a further catchment area now estimated to be in excess of 150,000 persons. Excellent commuter base for Edinburgh.
VAT is applicable on this lot.
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