Whole building of vacant commercial premises spanning over 3 floors, located within a prime location in Kirkcaldy.
The property comprises a spacious ground-floor shop with a storeroom at the back, and four generous office spaces spread across the first and top floors.
Subject to gaining necessary planning consents, this property has the potential to transform into excellent serviced accommodation. With local rates for one-bedroom properties starting from around £80 per night, the income possibilities are substantial.
The property requires a full renovation, presenting a unique opportunity for astute builders, investors, or developers seeking a rare project with remarkable capital growth potential. Such opportunities do not come by often and offer the chance to add significant value.
Offered at a substantial discount, this property captures the attention of commercial investors looking for rare premises that promise high yield potential or an affordable investment opportunity. The potential for a more attractive return on investment is significant.
Location
Kirkcaldy is a vibrant town situated on the east coast of Scotland, offering a perfect blend of traditional charm and modern amenities. Known for its historic attractions, beautiful coastline, and thriving community, Kirkcaldy provides excellent transport links and a wide array of shopping, dining, and leisure options, making it a highly desirable location for both business and residential ventures.
Accommodation
The property comprises a spacious ground-floor shop with a storeroom at the back, and four generous office spaces spread across the first and top floors.
Terms
Guide Price - £175,000
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
- We are excited to present this VACANT whole commercial building spanning over 3 floors, located within a prime location in Kirkcaldy.
- Excellent BRRR OPPORTUNITY!!!
- **245-247, High Street, Kirkcaldy KY1 1JF sold for £381,875, 66, High Street, Kirkcaldy KY1 1NB sold for £310,000 in Dec 2013**
- (Subject to gaining necessary planning consents)
- The property requires a full renovation, presenting a unique opportunity for astute builders, investors, or developers seeking a rare project with remarkable capital growth potential. Such opportunities do not come by often and offer the chance to add significant value.
- Offered at a substantial discount, this property captures the attention of commercial investors looking for rare premises that promise high yield potential or an affordable investment opportunity. The potential for a more attractive return on investment is significant.