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Guide Price

£45,000

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423 High Street, Kirkcaldy, KY1 2SG

Commercial

retail

shop

Excellent Commercial Opportunity

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Description

**423 High Street, Kirkcaldy, KY1 2SG**

  • PRIME NEW LISTING. We are excited to present this tenanted commercial property located within a prime location in Kirkcaldy.

  • **Property has a rateable value of £3,900, benefiting from 100% business rates relief**

  • This property is sure to appeal to shrewd investors seeking a potential high-yielding rental opportunity, ensuring a lucrative addition to any portfolio.

  • The property is tenanted, generating an annual rental income of £6,500, which translates to a very attractive 14% yield based on the guide price.

  • Primarily located on the main street, this property benefits from high footfall, offering an excellent opportunity for sustained business success.

PRIME NEW LISTING. We are excited to present this tenanted commercial property located within a prime location in Kirkcaldy.

The property comprises a currently operating pet shop, offering a bustling and engaging space in the heart of the community.

This property is sure to appeal to shrewd investors seeking a potential high-yielding rental opportunity, ensuring a lucrative addition to any portfolio.

The property is tenanted, generating an annual rental income of £6,500, which translates to a very attractive 14% yield based on the guide price.

Primarily located on the main street, this property benefits from high footfall, offering an excellent opportunity for sustained business success.

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.

**Property has a rateable value of £3,900, benefiting from 100% business rates relief**

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 in Fife, Scotland, renowned for its picturesque coastal views and rich history. It offers a blend of community spirit and urban convenience, with an array of shops, eateries, and local businesses, making it an attractive spot for investors and residents alike.

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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)

£11,000

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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.