Commercial development for sale
Property description & features
Summary
Development opportunity
Easily accessible location
Private car park
O.I.R.O £125,000
Location
Dysart is an historic former mining town and former royal burgh located on the south-east coast between Kirkcaldy and West Wemyss. It is adjacent with Kirkcaldy (population of 50,000), occupying a central location within the region and has a resident population in the order of 2,500.
The hotel is located on a busy main road, which distributes traffic both eastwards to coastal villages and towns, and north to the A92, Fife Regional Road. The property is located close to many local amenities as well as Windmill Community Campus and Dysart Primary school. Dysart lies approximately two miles from central Kirkcaldy, which is a thriving town with an array of retail parks, supermarkets, cafes, bars and restaurants, plus a library and theatre. The A92 link road provides commuter access to major Cities. Edinburgh Airport is also around 35 minutes away by car.
Description
The subjects comprise a category C listed former Hotel, which is now in semi derelict condition, but comprises 2 adjoining stone buildings, which have a variety of extensions to the rear, including a sizeable function room. The previous owner proposed to convert the property into a range of 2 bedroom apartments on the upper floors, together with a convenience store and 2 hot food takeaway units on the ground floor. There is no planning consent for these proposals.
There have been relatively good levels of demand for development opportunities, over the last 5 years which has lessened recently due to high interest rates and construction costs. We are, however, seeing a significant increase in development enquiries over recent months as interest rate are predicted to fall towards the year end and construction costs are now stabilized.
There is a large parking area to the rear of the property. If rear extensions are demolished this could create space for a modern two storey extension providing scope to improve and extend accommodation.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference eliAholbxFM. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by DM Hall - Fife.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.