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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

PRIME TOWN CENTRE COMMERCIAL INVESTMENT*** FULL BUILDING*** Holland and Barratt Investment in highly prominent position within Kirkcaldy town centre. IMMEDIATE RENTAL INCOME OF £25,000 PER ANNUM***

FULL BUILDING*** EXCELLENT INVESTMENT PROPERTY*** Currently LET to Holland and Barratt on new 3 Year Lease at £25,000 Per Annum.

SUPER SIZE AND LOCATION IN BUSY TOWN CENTRE. Immediate return on investment.

EXCELLENT TRADING LOCATION in the town's busiest spot Neighbouring occupiers include Costa Coffee, Savers, Bank of Scotland and River Island. EXTREMELY HIGH FOOTFALL AND PASSING TRADE.

Kirkcaldy is located approximately 25 miles north of Edinburgh and is Fife's main shopping town with a resident population of circa 50,000 persons and a catchment of circa 200,000 persons.

PRIME TOWN CENTRE COMMERCIAL INVESTMENT*** Holland and Barratt Investment in highly prominent position within Kirkcaldy town centre. IMMEDIATE RENTAL INCOME OF £25,000 PER ANNUM*** EXCELLENT INVESTMENT PROPERTY*** Currently LET to Holland and Barratt on new 3 Year Lease at £25,000 Per Annum. SUPER SIZE AND LOCATION IN BUSY TOWN CENTRE. Immediate return on investment. EXCELLENT TRADING LOCATION in the town's busiest spot Neighbouring occupiers include Costa Coffee, Savers, Bank of Scotland and River Island. EXTREMELY HIGH FOOTFALL AND PASSING TRADE. Kirkcaldy is located approximately 25 miles north of Edinburgh and is Fife's main shopping town with a resident population of circa 50,000 persons and a catchment of circa 200,000 persons.

Kirkcaldy is one of Fife’s principal centres, having a resident population of approximately 50,000 and a further catchment area now estimated to be in excess of 150,000. The town benefits from an excellent communications system, having a main-line railway station and also with the East Fife Regional Road lying nearby to the north of the town, providing a first class dual carriageway link into the nearby Central Scotland motorway network.

Full Address: 132 High St, Holland and Barratt Investment, Kirkcaldy, KY1 1NQ

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Tenancy Details

Type of Agreement:
Length: new 3 year lease
Rent: £25,000 per year / £2,083 per month
Yield: 11% (approx)
Tenant: Company
Notes:

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Pricing Information & Bidding

Opening Bid: £226,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 12 December 2024, 10am-3pm
Type: Timed Online Auction

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