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Guide Price
£60,000 Guide Price

293 High Street, Kirkcaldy, KY1 1JH

208738569

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4

days

7

hours

32

minutes

7

seconds

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4

days

7

hours

32

minutes

7

seconds

Type

Commercial

Ownership

Freehold

Occupation

Vacant

Bedrooms

Council Tax

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Attractive Commercial Opportunity

Details

Property Summary

  • Prime Property Auctions is excited to present this Generously sized Commercial premises located within a prime location in Kirkcaldy. Fantastic potential to run a business - ***Guide price £60,000***

  • For rental purposes, the property could attract an annual income of £10,200 - £11,100 per annum. - ***HIGH YIELD POTENTIAL***

  • Property could achieve between £850 - £925 per calendar month. This would return an excellent 17% - 18.5% gross yield based on a guide price of £60,000. *** FANTASTIC COMMERCIAL YIELD ***

  • Property benefits from a rateable value of £7,600 per annum, benefiting from SMALL BUSINESS RATES RELIEF. Sure to appeal to occupiers looking for affordable commercial premises to occupy as a business.

  • Sure to appeal to shrewd commercial investors looking for a rare Commercial premises with great high yield potential. Property is located on a bustling street in Kirkcaldy and benefits from large passing footfall. 

 

 

 

Prime Property Auctions New Entry. Generously sized commercial premises located in the bustling town of Kirkclady. Fantastic potential to run a business. *** Guide price £60,000 ***

 

The property was previously successfully let as a music and instrument shop. Sure to appeal to owners of similar operational scale. 

 

The property consists of a generously sized main shop floor area, private office/ workshop area towards the rear of the premises, two toilets and ample storage compartments throughout. 

 

For rental purposes, the property could attract an annual income of £10,200 - £11,100 per annum. - ***HIGH YIELD POTENTIAL***

 

Property may lend itself for a variety of uses given its size and location. The property could be let as a general store, shop, barbers, hairdressers, or cafe, subject to obtaining permissions and licensing.

 

Property could achieve between £850 - £925 per calendar month. This would return an excellent 17% - 18.5% gross yield based on a guide price of £60,000. *** FANTASTIC COMMERCIAL YIELD ***

 

Rare Auction Property. Seller will consider early offers. 

 

Sure to appeal to shrewd commercial investors looking for a rare Commercial premises with great high yield potential. Property is located on a bustling street in Kirkcaldy and benefits from large passing footfall. 

 

Prime Opportunity for Commercial investors looking for a property in an excellent location with high yield potential. Sure to appeal to investors looking for an affordable commercial investment opportunity.  Fantastic opportunity for owner occupiers looking for an affordable commercial premises to occupy as a business. 

 

Property benefits from a rateable value of £7,600 per annum, benefiting from SMALL BUSINESS RATES RELIEF. Sure to appeal to occupiers looking for affordable commercial premises to occupy as a business.

 

Property has a Guide price of £60,000 and is sure to appeal to investors looking for a commercial property that they can put their own stamp on.

 

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

 

Nestled on the scenic east coast of Scotland, Kirkcaldy is a thriving town in the historic county of Fife. Known as the "Lang Toun" due to its original mile-long main street, Kirkcaldy seamlessly blends rich history with modern development, making it an ideal location for commercial ventures.

Kirkcaldy enjoys an enviable strategic position within Fife, providing excellent connectivity and accessibility. Key transport links include: The A92 and M90 motorways facilitate smooth travel to major cities like Edinburgh (25 miles) and Dundee (30 miles). The Kirkcaldy railway station offers frequent services to Edinburgh, Dundee, and beyond, ensuring easy access for clients and employees.

Kirkcaldy is a bustling commercial hub with a diverse economy. Key attributes include: A supportive business environment with local enterprise agencies and a vibrant chamber of commerce promoting growth and collaboration. A well-established retail sector, complemented by local businesses and national chains, drives significant footfall and consumer spending. Initiatives like the Waterfront Development Project are transforming the townscape, offering prime real estate for commercial use.
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Property Features

  • Prime Property Auctions is excited to present this Generously sized Commercial premises located within a prime location in Kirkcaldy. Fantastic potential to run a business - ***Guide price £60,000***
  • For rental purposes, the property could attract an annual income of £10,200 - £11,100 per annum. - ***HIGH YIELD POTENTIAL***
  • Property could achieve between £850 - £925 per calendar month. This would return an excellent 17% - 18.5% gross yield based on a guide price of £60,000. *** FANTASTIC COMMERCIAL YIELD ***
  • Property benefits from a rateable value of £7,600 per annum, benefiting from SMALL BUSINESS RATES RELIEF. Sure to appeal to occupiers looking for affordable commercial premises to occupy as a business.
  • Sure to appeal to shrewd commercial investors looking for a rare Commercial premises with great high yield potential. Property is located on a bustling street in Kirkcaldy and benefits from large passing footfall. 

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