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Shops for sale in Kirkcaldy, Fife

Create Alert 5 results
For Sale£100,000.00
Prominent High St Location
Ground & 1st Floor
1,070sq ft
Passing Rent £10,000p.a.x*
Lease Expiry August 2036
£78,000 (G.I.Y 12.8%)


Location

The subjects are located approx 0.25miles North of the town centre on the A921 just North of the main road junction with Dunnikeir Road in a tertiary trading location with a dense residential occupation in close vicinity to the subjects. The subjects benefit from being on the arterial route toward and away from the town centre with high volumes of passing traffic along with neighbouring occupiers including Brodies Bar & Spaghetti Tattoo Studios.

Subjects

The subject comprise a ground and first floor retail unit plus residential dwelling within a traditional constructed 3 storey building surmounted by a pitched tile roof. The subjects benefit from a double frontage commercial unit at ground floor with access to the upper floors via an adjacent doorway leading to a common close with single concrete stairwell.

The ground floor commercial unit comprises a double frontage of aluminium framed glazed persuasion with the subjects having been painted and decorated by the tenant in-situ. Lighting is provided by way of recessed fluorescent strip lights and recessed L.E.D. spot lighting within a suspended plasterboard ceiling. The subjects benefit from staff w.c., store, and tea prep area to the rear.

The subjects also benefit from partial internal partitioning to form an Indian take away with kitchen and counter facility to the rear working in conjunction with the convenience store.

The subjects also benefit from a spacious residential dwelling at first floor which is occupied by the tenant, the subjects have been refurbished by the tenant with well appointed kitchen and bathroom with scenic views to the South.

Area

The subjects at ground floor have been measured on a Net Internal Area to form the following floor area;

Ground: 99.4sqm (1,070sq ft)

NAV/RV

The subjects have been assessed and entered onto the valuation roll with an NAV/RV of;

£9,800

The subjects benefit from 100% rates exemption under the Small Business Rates Relief Scheme

Investment

Tenant: Private Individual Name
Type: Full Repairing & Insuring
Passing Rent: £10,000p.a.x* (Concession granted to £7,800p.a.x)
Rent Review: Every 5th Anniversary
Term: 20/8/2015 - 19/08/2036

*We now understand despite the lease stating a higher rent the tenant had agreed with the old landlord to pay based on a lower rental of £650PCM - £7800 p.a It will be up to the new landlord what they do in relation to this agreement and the flexibility they allow the tenant given they operate a take-away newsagent and their lease includes a flat.

Price

Our client is offering their freehold interest in the subjects for £78,000 (+V.A.T.). The transaction will be treated as a ToGC, further information available on request

V.A.T.

The subjects have been elected for V.A.T.

E.P.C.

Available on request

Viewing

Strictly by appointment ONLY
Retail Investment For Sale: 405 High Street, Kirkcaldy
Type: Residential, Retail, Retail - High Street, Retail - Out of Town
Location: 405 High Street, KY1 2SG
Images: 3
Brochures: 1
View Property
For SalePOA
New
The subjects comprise a retail unit contained on the ground floor of a four storey corner terrace building which appears to have stone walls externally with a pitched and slated roof.  The property has a prominent corner frontage to both High Street and Oswald Wynd.

 
263 High Street
Type: Retail Park, Retail
Location: 263 High Street, Kirkcaldy, KY1 1JT
Images: 4
View Property
For SalePOA
OR
For RentROA
New
The subjects comprise a ground floor retail unit contained within a traditional four storey stone tenement building.

The property has a gross frontage to High Street of approximately 6.71 m (22 ft) incorporating modern aluminium framed plate glass display windows.

 
218 High Street
Type: Retail Park, Retail
Location: 218 High Street, Kirkcaldy, KY1 1JT
Images: 3
View Property
For SalePOA
OR
For RentROA
New
The subjects comprise a retail unit contained on the ground floor of a three storey terraced building of traditional stone construction.
337 High Street
Type: Retail Park, Retail
Location: 337 High Street, Kirkcaldy, KY1 1JL
Images: 3
View Property
For SalePOA
New
The subjects comprise a single storey end terraced building having brick walls and a flat roof which appears to be aluminium sheet covered with felt.      Internally the shop  is currently fitted out as grocery store but we understand the fittings are to be stripped out and it will be left as a shell unit.  The property benefits externally from a shared rear service yard.

The accommodation is arranged over the ground floor only and extends to 242.7 sq m (2610 sq ft or thereby).



 
27 /29 Pentland Place
Type: Retail Park, Retail
Location: 27 /29 Pentland Place, Kirkcaldy, KY2 6AG
Images: 3
View Property
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