Excellent Commercial Investment Opportunity within a prime location in Burntisland. Previously operated as newsagents.
Property comprises: Large sales area, Kitchen area, WC and Storage area
Formerly a bustling newsagent, this prime commercial unit promises lucrative returns with a guide price of just £40,000. Sure to captivate savvy investors seeking affordable commercial ventures. Boasting a Rateable Value of £5,600
Due to rateable value, business qualifies for business rate relief.
Location
Burntisland is a historic town with maritime roots. Embraced by the Firth of Forth, it seamlessly blends mediaeval charm with a modern seaside vibe. The town's sandy beaches, like Burntisland Sands, offer a picturesque setting, complementing well-preserved landmarks such as Burntisland Parish Church. Hosting lively events like the Burntisland Fair, the community exudes vibrancy. Residents and visitors can relish a unique blend of heritage and coastal allure in this captivating Scottish town.
Accommodation
Large shop area, Kitchen Area, WC and Storage area- would suit an owner occupier or commercial landlord looking for an affordable investment in a sought after location.
Terms
Guide Price - £40,000
roperty 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
- Excellent Commercial Investment Opportunity within a prime location in Burntisland. ***Guide of £40,000***
- Previously a newsagent, rent achieved £500 p/m, £6000 p/a which would provide an excellent 15% gross yield based on a guide price of £40,000. Rateable Value £5600.
- Sure to appeal to shrewd investors looking for a ready to let, affordable commercial investment - *** HIGH YIELD POTENTIAL ***
- Property is located in a fantastic location and benefits from great footfall with amenities close by.