Vacant Commercial Property LOT 246

12-14 Elphinstone Street, Kincardine, FK10 4RH
OPENING BID

Timed Online Auction

02 December 2021, 10am-3pm

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address: 12-14 Elphinstone Street, Kincardine, FK10 4RH

***IDEAL DEVELOPMENT PROPERTY.*** Rental potential £15,000 p.a. Potential For Sub-Division / Alternate Uses for Commercial and/or Flats. (Subject to researching and gaining necessary consents).

**PRIME TOWN CENTRE** Rare opportunity to purchase. Fantastic INVESTMENT Potential - Opportunity for Great Capital Growth and RENTAL returns. PRICE SET FOR FAST AUCTION SALE - NEW ENTRY.

Former Public Bar with Function Hall and large storage areas. Requires full refurbishment. Great Development opportunity. Floor space: GF - 1,298 Sq.Ft. First Floor: 3,917 Sq.Ft. TOTAL: 5,215 Sq.Ft.

The property is situated in a prominent position in Elphinstone Street in Kincardine town centre. The bar was well supported locally by those in Kincardine and the surrounding area.

Kincardine proves particularly popular with commuters seeking access via the surrounding arterial road and motorway network and both Kincardine Bridges provide access to many centres of business.

Commercial Public House in Kincardine situated in Central Scotland approximately a 40 minute drive north west of Glasgow and the same north east from Edinburgh. COMPRISES: Commercial kitchen and a bottle store at bar level. On the ground floor, and additional to the aforementioned former shop, there is ample storage rooms, cellar, spirit store and workshop. Ladies and gents toilets and public areas. Traditional Mid terraced commercial property under a pitched and slated roof. Entry is via a double doorway from pavement level, a staircase from here leads to the bar and function hall. Another doorway to the front leads to what used to be a shop, it is currently being used for storage and subject to appropriate planning this could be utilised and developed. Potential for new owners would be to promote food and function trade given the excellent trading location, with many contractors in the area frequenting gas services at Grangemouth (approximately 8 miles away). The bar is well supported by those in Kincardine and the surrounding area. The public bar is extremely well presented and modern in style. The spaciousness is enhanced by the bright neutral décor and the abundance of natural light from the side windows. The contemporary feel is continued with a selection of leather sofas/booth seating and modern tables and chairs. These create around 50 covers.

Kincardine is a former fishing village set on the banks of the River Forth. Located between the towns of Alloa and Dunfermline, the village offers plenty of local amenities for everyday needs including a Post Office, supermarket, a variety of eateries and local shops, library and local primary school. Kincardine is close to the road network providing easy access throughout Fife and Clackmannanshire with the Clackmannanshire and Kincardine Bridges providing access across the River Forth to Falkirk and onto the motorway network for the larger cities of Stirling, Glasgow, Edinburgh and Perth. Kincardine is ideal for the commuter providing excellent motorway access to Glasgow, Edinburgh and Stirling. There is local shops, restaurants and primary school. Kincardine is situated in Central Scotland approximately a 40 minute drive north west of Glasgow and the same north east from Edinburgh.

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Pricing Information & Bidding

Opening Bid: £76,000

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).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 02 December 2021, 10am-3pm
Type: Timed Online Auction

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