Large Commercial premises located in busy Fife Town. Fantastic potential to run a business.
This property is sure to appeal to investors looking for a potentially High yielding investment opportunity. Super rental Potential of £24,000 - £30,000 per annum. This would generate a gross rental yield of 21-27% once let.
Property may lend itself for a variety of uses given its size and location. The property could be reopened as a club, gastro pub , restaurant or events location.
Property could potentially be converted into residential subject to researching and gaining the necessary consents.
Property has a Guide price of £110,000 and is sure to appeal to investors looking for a commercial property that they can put their own stamp on.
Potentially high yielding investment property. Property could potentially provide a gross yield of 21-27% if achieved for Guide price of £110,000
Location
Kirkcaldy's allure lies in its strategic location near Edinburgh, offering a quieter lifestyle yet easy access to the capital. Its excellent transport links, including regular train services and proximity to the A92, make commuting convenient. Moreover, the town provides more affordable housing options compared to larger cities, making it appealing to first-time buyers and families seeking quality living without the hefty price tag. Additionally, Kirkcaldy's rich history, scenic coastal views, and vibrant community make it an attractive place to live and invest in.
Accommodation
Property was previously run as a pub/bar. The property consists of large bar area, private function suit, kitchen, office area, toilets and storage facilities. The property massively benefits from a large beer garden.
Terms
Guide Price - £110,000
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
- Large Commercial premises located within a prime location in Kirkcaldy. Fantastic potential to run a business - ***Guide price £110,000***
- For rental purposes, the property could attract an annual income of £24,000 - £30,000 per annum. This would return an excellent 21-27% gross yield based on a guide price of £110,000 - ***HIGH YIELD POTENTIAL***
- Sure to appeal to shrewd commercial investors looking for a rare Commercial premises with great high yield potential, or owner occupiers looking for an affordable commercial premises to occupy as a business.
- Property benefits from a rateable value of £16,500 per annum.
- Property is located on a busy street in Kirkcaldy and benefits from large passing trade .