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214-216 High Street, Kirkcaldy, KY1 1JT

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£175,000

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£175,000

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Commercial

Residential

Vacant

214-216 High Street, Kirkcaldy, KY1 1JT

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Incredible BRRR Oppurtunity

Description

  • PRIME NEW LISTING. 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)

    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.

PRIME NEW LISTING. We are excited to present this 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.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**245-247, High Street, Kirkcaldy KY1 1JF sold for £381,875, 66, High Street, Kirkcaldy KY1 1NB sold for £310,000 in Dec 2013**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

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.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£23,800

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.