RETAIL INVESTMENT FOR SALE – KIRKCALDY

For Sale
  • LEASED FOR £6,000 PER ANNUM
  • TERMINATES FEBRUARY 2022
  • OFFERS OVER £45,000
  • 732 FT2
  • BUSY MAIN ROAD FRONTAGE
  • FREE ON STREET PARKING
  • 100% RATES RELIEF (SUBJECT TO QUALIFICATION)

LOCATION

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Kirkcaldy is a town and former royal burgh in Fife, on the east coast of Scotland. It is about 12 miles north of Edinburgh and 28 miles southwest of Dundee. The town had a recorded population of 49,460 in 2011, making it Fife’s second-largest settlement and the 11th most populous settlement in Scotland.

The town is a major service centre for the central Fife area. It has a swimming pool, theatre, museum and art gallery, three public parks and an ice rink

The A92, which connects Dunfermline to the west with Glenrothes and Dundee to the north, passes immediately north of Kirkcaldy. The A910 road connects it to the western and central parts of the town.

The subjects are located on the western side of the High Street offering a prime retail pitch with large levels of daily footfall.

DESCRIPTION

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The subjects comprise a ground floor retail unit within a three storey building of stone construction surmounted by a pitched and slated roof.

The unit is currently let for £6,000 per annum until February 2022.

PROPOSAL

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Offers over £45,000 are invited for the Heritable (freehold) interest.

FLOOR AREAS

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From sizes taken from the Scottish Assesors website we calculate the subject property to extend to the following approximate Gross internal area (GIA):

68 m2/732ft2

PLANNING

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All queries in relation to redevelopment/ reconfiguration of the subjects should be addressed to Fife Council Planning Department.

CLOSING DATE

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A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent.  We reserve the right to sell or let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale or lease of the property.

VAT

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All prices, premiums and rents quoted are exclusive of VAT.

RATING

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Rateable value £4,600. The property is below the threshold for small business rates relief and as such qualifying occupants may benefit from 100% rates relief. Please contact local rating office for further information.

EPC

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A copy of the EPC will be available upon request.

PUBLICATION DATE 07/04/2021

Price:Offers over £45,000
Address:423 High Street
City:Kirkcaldy
Postcode:KY1 2SG
Square Feet:732
Parking:Nearby
Property Type:Retail Investment
Lot size:732
Tagged Features:

Location Map