Find out what your property is worth in 60 seconds

Want to make an offer?

Guide Price

£79,000

See how much you could borrow

Nardones Academy Of Performing Art 112-114 Main Street, Lochgelly, KY5 9AA

Commercial

investment

Vacant

Commercial Investment Opportunity

Available documents

Request documents

We just need a few details before we can share any documents with you

Contact details

Success

Thank you for your document request for Nardones Academy Of Performing Art 112-114 Main Street, Lochgelly, KY5 9AA

We will be in touch soon

How to buy at auction

We've created a handy video explaining the auction process, what to expect and how to prepare. You can watch it by clicking the link below.

Deadline for offers

6 days left

Description

  • PRIME NEW LISTING. We are excited to present this unique commercial opportunity, operating as a Dance Studio Turnkey Investment Opportunity located within a prime location in Lochgelly.

  • **From the Assessor’s website, we note the subjects are in the current Valuation Roll with a Rateable Value of £9,500. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.**

  • With a current rental income of £850 per month (£10,200 per annum), this property represents an outstanding opportunity for investors seeking substantial returns, boasting an exceptional gross yield.

  • This opportunity is sure to appeal to commercial investors looking for rare premises with exceptional high-yield potential and long-term occupants (+4 Years) in a thriving area.

  • Situated in a prime location, the property benefits from high passing footfall, with proximity to many local facilities and amenities.

PRIME NEW LISTING. We are excited to present this unique commercial opportunity, operating as a Dance Studio Turnkey Investment Opportunity located within a prime location in Lochgelly.

The property comprises approximately 1216.32 SQ FT of versatile space.

With a current rental income of £850 per month (£10,200 per annum), this property represents an outstanding opportunity for investors seeking substantial returns, boasting an exceptional gross yield.

This opportunity is sure to appeal to commercial investors looking for rare premises with exceptional high-yield potential and long-term occupants (+4 Years) in a thriving area.

Situated in a prime location, the property benefits from high passing footfall, with proximity to many local facilities and amenities.

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.

**From the Assessor’s website, we note the subjects are in the current Valuation Roll with a Rateable Value of £9,500. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.**

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

Lochgelly is a charming town in Fife, Scotland, known for its rich history and vibrant community. With excellent transport links and proximity to local amenities, it offers an ideal setting for businesses and residents alike.

Map

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)

£13,900

Need help funding this purchase?

Finance is available on this property

Get Instant Decision

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.