PRIME NEW LISTING. We are excited to present this vacant retail unit located within a prime location in Glenrothes.
The property is held on a freehold basis, giving the buyer outright ownership and long term control over the asset.
This opportunity is sure to appeal to a shrewd investor looking for their next commercial opportunity, with clear potential to add value through a new tenancy or alternative occupation strategy.
With the property being around 6,000 sq ft, it lends itself to a variety of different uses and could potentially be turned into a CMO, subject to gaining and researching all necessary permissions and consents.
With the building previously being used for a furniture store, the layout would be well suited for a like minded business looking to move into a practical, ready to use space with strong trading presence.
Location
Glenrothes is a well established Fife town with a strong commercial core, anchored by its central shopping and business areas and supported by a wide local catchment. High Street positions benefit from consistent passing trade from surrounding retailers, services and hospitality operators, making it a practical location for customer facing businesses. Road connectivity is a key advantage, with straightforward access to the wider Fife and Central Scotland road network, supporting staff commuting and efficient deliveries. Nearby rail links in the wider area enhance accessibility for employees and customers. The town's established mix of occupiers underpins steady demand for retail and commercial space, appealing to both investors and owner occupiers.
Accommodation
The property provides approximately 6,000 sq ft of operational space, offering an excellent footprint for a range of commercial occupiers and business models.
The size is noted as 6,100 sq ft, providing a substantial floor area for retailing, showroom use, storage, or other commercial operations (all measurements to be confirmed by the purchaser).
Terms
Guide Price: £155,000
As the unit is currently vacant, there is no rent being received at present; however, based on current market positioning, the premises could realistically achieve £1,825 per month, which is £21,900 per annum, subject to tenancy and due diligence. This makes the lot particularly attractive to both investors targeting a strong re-letting opportunity and owner occupiers seeking a prominent trading position on Glenrothes High Street.
The Rateable Value has not been provided within the available information, and interested parties are advised to make their own enquiries with the local authority, subject to eligibility.
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.