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123-127 High St
Kirkcaldy KY1 1LW
Retail Property For Sale · 2,365 SF
Investment Highlights
- High levels of passing trade
- 2 second floor residential flats included
- Good levels of nearby parking
Executive Summary
The subjects are located on the western side of the High Street with an entrance to the property on the eastern side of Hill Street. The subjects comprise an end terraced investment formed over the first floor and second floor of a three storey building of stone construction.
PROPERTY FACTS
Unit Size | 721 SF | Building Class | B |
No. Units | 1 | Number of Floors | 3 |
Total Building Size | 2,365 SF | Typical Floor Size | 788 SF |
Property Type | Retail (Unit) | Year Built | 1850 |
Property Subtype | Storefront Retail/Office | Lot Size | 0.06 AC |
Sale Type | Investment |
Unit Size | 721 SF |
No. Units | 1 |
Total Building Size | 2,365 SF |
Property Type | Retail (Unit) |
Property Subtype | Storefront Retail/Office |
Sale Type | Investment |
Building Class | B |
Number of Floors | 3 |
Typical Floor Size | 788 SF |
Year Built | 1850 |
Lot Size | 0.06 AC |
1 Unit Available
Unit 125
Unit Size | 721 SF | Tenure | Freehold |
Unit Use | Office | Net Initial Yield | 10.66% |
Sale Type | Investment | NOI | £23,460 |
Unit Size | 721 SF |
Unit Use | Office |
Sale Type | Investment |
Tenure | Freehold |
Net Initial Yield | 10.66% |
NOI | £23,460 |
Description
The first floor comprises of a leisure hall, kitchen, office space and w.c. which is currently on a short term rolling lease and achieving £950 PCM. The second floor comprises of a studio flat and a one bedroom residential flat with a total income of £1,005 PCM. These flats benefit from video intercom.
Sale Notes
Offers over £220,000 are invited for the freehold interest.
Amenities
- 24 Hour Access
- Security System
- Signage