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Lot 14

395-399 High Street, Kirkcaldy, Fife, KY1 2SG

Guide Price: £125,500

Vacant Freehold Commercial Offer Now Available


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Key Features:

Prime Commercial Premises located on High Street, Kirkcadly. Prominent Town Centre Location. Rental potential £20,000 per annum. ***


  • Previously Let for £18,000 per annum. Extensively Refurbished property and is a Popular Live Music Venue within the town.
  • The subjects offer main bar servery, lounge area which doubles as a live music venue with stage along with well appointed kitchen, W/C's and beer garden area to the rear.
  • Property benefits from Large Frontage advertising onto the Esplanade & Coal Wynd and has High passing trade. Popular venue with a large Following on Facebook. Over 1200 LIKES on their page.
  • Vendor Will consider early offers. Please contact our sales office on 0141 632 65 99 for further details relating to the tenancy.


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.
Rateable Value

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Full Details:

Prime Commercial Premises located on High Street, Kirkcadly. Prominent Town Centre Location *** VAT FREE INVESTMENT *** No Vat payable on purchase price. Property comprises a ground floor public house within a larger 3 storey traditionally built structure overlaid by a pitched tile roof, benefitting from advertising onto the Esplanade & Coal Wynd. Internally the subjects have been extensively refurbished by the tenant to include new flooring throughout, painting and decorating, bar area along with creation of live music suite along with renovated beer garden to the rear. The subjects offer main bar servery, lounge area which doubles as a live music venue with stage along with well appointed kitchen, refurbished male and female w.c. facilities. Investment. ** EXCELLENT INVESTMENT OPPORTUNITY*** Property benefits from Large Frontage advertising onto the Esplanade & Coal Wynd and has High passing trade. Popular venue with a large Following on Facebook. Over 1200 LIKES on their page. https://www.facebook.com/kirkandbear/

Guide Price: £125,500 - Offer Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

Offer Now Explained...

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.

Map & Location:


The subjects are situated on the North West side of High Street at its junction with Dunnikier Road within a densely populated residential area of Kirkcaldy, parking is provided by way of free public car park accessed adjacent on Dunnikier Road. The subjects are centrally located within Kirkcaldy, which is the main regional centre for the surrounding area and has a resident population of c. 50,000, approximately 25 miles North of Edinburgh on the East coast of Scotland within the Kingdom of Fife. Fife is situated between the Firth of Tay and the Firth of Forth with inland boundaries to Perth and Kinross along with Clackmannanshire. Fife has the third largest population in Scotland, with a resident population of c.360,000 and comprises 3 principle towns, Dunfermline, Kirkcaldy & Glenrothes.

Viewings:


IMPORTANT NOTICE...


Due to Government advice on COVID-19 no viewings are currently possible. We advise all interested parties to follow social distancing rules for safety.

Auction Details:



  • Auction Date...

    28 April 2020, 9am-5pm


  • Auction Location...

  • Glasgow Online

  • Online Bidding Only