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SALE BY ONLINE AUCTION 26TH NOVEMBER 2020, Town Centre Retail Investment , 249 High Street, Kirkcaldy, KY1 1JF

not specified / Retail

For Sale - £59,000.00

Withdrawn - Last updated: 01 November 2020

SALE BY ONLINE AUCTION - 26TH NOVEMBER 2020 AT 9.00AM. Online Property Auctions Scotland are delighted to offer this commercial premises in Kirkcaldy town centre. Currently tenanted with rental income of £5,000 pa, representing Gross Yield of 8% based on Guide Price.
 
Fantastic Opportunity to acquire a commercial premises in the town centre of Kirkcaldy***Currently Tenanted***Current tenant Barnardo's Charity who have occupied premises for 20 years**Annual Rental Income of £5,000**Potential Yield of 8% based on Guide Price**
 
•      The premises offer clear ground floor retail space, currently occupied by Barnardo's. At first floor there is good quality storage / office accommodation. Servicing is available from a shared yard at the rear.
 
•      Kirkcaldy is at the heart of the Fife economy and is the largest town in the region. In 2019 Plans were announced to invest over £500 million pounds in Kirkcaldy*** New Residential Developments are planned for Kirkcaldy Town Centre***Kirkcaldy is one of Fife's principle commerce centres serving a resident population in the region of 50,000 with a catchment area estimated to be in the region of 200,000***
 
The property is situated on the West side of the High Street towards its northern end and its junction with Oswald Wynd. Kirkcaldy's Railway Station which is part of the main Edinburgh/Aberdeen east coast line along with the Bus Station are within easy walking distance.

Terms

Auction goes live 26th November 2020 at 9:00 GMT. Ends 26th November 2020 at 15:00 GMT. You must be registered on www.opascotland.com to be able to bid on property and view legal documents. Purchase is subject to security checks, carried out by third party electronically.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £59,000.00 NA

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