19 Kirk Wynd, Kirkcaldy KY1 1EH
£43.22 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,851 sq ft
172 sq m
- SECTOR
Mixed use property for sale
Key features
- PRIME NEW LISTING. We are excited to present this vacant commercial unit in a prime position within Kirkcaldy.
- RV £11,900 sits in the 100% rates relief band, subject to eligibility.
- Previously occupied at £1333 per month and stated at £16,000 per annum, highlighting the potential for an excellent yield based on the guide price.
- A strong proposition for investors or operators, benefiting from healthy footfall and passing trade in a vibrant, improving part of the town.
- This recently refurbished, fully fitted licensed premises offers a superb chance for a hands on operator to own and run their own business.
Description
- PRIME NEW LISTING. We are excited to present this vacant commercial unit in a prime position within Kirkcaldy.
- RV £11,900 sits in the 100% rates relief band, subject to eligibility.
- Previously occupied at £1333 per month and stated at £16,000 per annum, highlighting the potential for an excellent yield based on the guide price.
- A strong proposition for investors or operators, benefiting from healthy footfall and passing trade in a vibrant, improving part of the town.
- This recently refurbished, fully fitted licensed premises offers a superb chance for a hands on operator to own and run their own business.
PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Kirkcaldy.
The premises provide a ground floor public house and restaurant space, offered as a fully fitted pub with a practical, fitted kitchen and toilet facilities. There is also a cellar located below the bar area, providing useful ancillary space to support trading.
Accommodation is arranged to include a main ground floor bar and restaurant area, ladies and gents toilets, a fitted kitchen, and a cellar.
The property is presented in excellent condition and, as it is currently vacant, it is anticipated to achieve around £1333 per month, which is £16,000 per annum, subject to tenancy and due diligence. This makes it equally appealing to investors seeking a strong letting opportunity and to owner occupiers looking to trade from a well positioned, ready to use unit.
The property is held on a freehold basis, giving the buyer outright ownership.
Previously occupied at £1333 per month / £16,000 pa, this property has the potential for exceptional gross yield based on a guide price.
An ideal choice for the discerning investor keen on securing a cash generating, hands off investment once tenanted. Positioned in an area with substantial footfall and passing trade, the property is perfectly placed to prosper in a vibrant and emerging district.
This licensed premises offers a great opportunity for a hands on operator to own and run their own business, with the benefit of a recent refurbishment completed to a high standard.
The property is being offered at a fantastic discount to ensure a sale and should appeal to anyone looking for a straightforward purchase with excellent upside potential.
The rateable value is £11,900, which falls within the Small Business Bonus Scheme band that can qualify for 100% business rates relief, subject to eligibility.
The size of the premises is approximately 1,851 sq ft, offering substantial accommodation that suits a range of commercial uses within the existing layout.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location
Kirkcaldy is an established Fife town with a busy commercial core, providing consistent footfall and strong passing trade through its central streets and mixed retail parades. The area supports a broad occupier base, with local independent traders alongside national operators, helping underpin ongoing demand for well located commercial premises. Road connectivity is convenient via key routes across Fife and onward links to Edinburgh, Dundee and the wider Central Belt, while Kirkcaldy railway station offers regular services that support commuter and visitor activity. With continued focus on town centre vitality and local services, the area remains an attractive proposition for investors and owner occupiers alike.
19 Kirk Wynd, Kirkcaldy KY1 1EH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kirkcaldy Station0.3 miles
- Kinghorn Station3.0 miles
- Glenrothes with Thornton Station3.5 miles
Notes
Disclaimer - Property reference 229481575. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property, Glasgow on 0141 673 3554.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”