Vacant Commercial LOT 294

16 High Street, Leven, Fife, KY8 4LZ
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Description

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

Coffee Shop commercial unit located within the centre of Leven, Fife. SOLD AS SEEN with all catering equipment and furniture included in sale. Electric metal roller security shutter frontage.

--- Facing Superdrug and Poundland --- Next door to New Look and busy local butcher (W.Simpson & Sons). Great trading spot at the top of the high street. Perfect for customer footfall.

COMPRISES: Single fronted commercial unit with main entrance into seating area with service counter, stairs lead to upper level with kitchen, storage, toilet facilities and fire exit.

Great rental prospects. On Leven’s PRIME retail pitch. The property is situated on the south side of High Street opposite it’s junction with Union Street and Shore Head within the town of Leven.

POTENTIAL INCOME IN EXCESS OF £6,500 PER ANNUM across ground floor. Freehold Sale - AMAZING INVESTMENT OPPORTUNITY in coastal location close to The Levenmouth Pool and Sports centre. Freehold Sale.

*** PRIME FIFE TRADING LOCATION *** Neighbouring occupiers include Specsavers, New Look, Boots Pharmacy, Poundland, Card Factory, Greggs, VPZ, TSB Bank, Caledonian Hotel, Leven Library and Barnardo's. Located in East Fife, Leven is 14 miles from St Andrews and 37 miles from Edinburgh. Leven is the dominant town providing the principal retail provision for the Levenmouth area. RENTAL VALUE IN AREA £500 pcm which would give an annual income of £6,000 and provide a terrific yield of 25 if achieved for guide price --- Facing Superdrug and Poundland --- Next door to New Look and busy local butcher (W.Simpson & Sons). Great trading spot at the top of the high street. Perfect for customer footfall. EXCELLENT BUY TO LET OPPORTUNITY - FREEHOLD SALE. Mains water and electricity connections. Great rental prospects. On Leven’s PRIME retail pitch. The property is situated on the south side of High Street opposite it’s junction with Union Street and Shore Head within the town of Leven. Historically, traded successfully in this position for many years. Property has been refurbished and fitted-out to high corporate specification. The town has a resident population of circa 8,850 people (2008) and a wider catchment within the Levenmouth area including the towns of Methil and Buckhaven in excess of 38,000 people. Rateable Value: £5,300 per annum. Nil rates payable under small business scheme. The property benefits from class 1 (retail) consent (recently traded as KOFFEEHOUSE LTD). The property has been measured on a net internal area basis and calculated to extend to the following floor area 25.11Sq.M (270 Sq.Ft). Excellently placed property benefiting greatly from high footfall and passing trade. Sure to appeal to Investor looking for potentially high yield investment.

Leven is a thriving seaside town on the east coast of Fife only 14 miles from St Andrews. Located in East Fife, Leven is 14 miles from St Andrews and 37 miles from Edinburgh. Leven is the dominant town providing the principal retail provision for the Levenmouth area, which encapsulates the towns of Leven, Methil and Buckhaven. The Fife area is a popular location for commuters to Edinburgh. From Leven the A915/A92 provides access to the national motorway network and the M90, which leads directly to Edinburgh. Leven is recognised as a popular short-term rental AirBNB location with high tourist influx during the high season. The area features access to some of the world's most famous golfing locations. The town is located between the picturesque fishing villages of the East Neuk and the main towns of Kirkcaldy and Glenrothes. Leven has good shopping facilities and a busy pedestrianised thoroughfare. These are well served by parking facilities which are within easy walking distance of the town centre. It’s a popular holiday destination with a pleasant promenade and beach. Local attractions include an excellent swimming pool and leisure complex and a variety of golf courses. The woodland valley of Letham Glen and Silverburn Park offer attractive landscaped picnic and recreational areas, perfect for relaxing and enjoying the great outdoors.

Full Address: 16 High Street, Leven, Fife, KY8 4LZ

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Pricing Information & Bidding

Opening Bid: £56,000

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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: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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