Esplanade
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Esplanade
1.24 Acres of Commercial Land in Kirkcaldy KY1 1RF
Investment Highlights
- Town centre location
- Waterfront location with fine views
- Great access
Executive Summary
A waterfront and town centre regeneration opportunity comprising two adjacent, multi-storey car parks on a 1.24 acre (0.50 hectare) site with fine views over the Forth estuary.
Offers are invited for the heritable (‘ownership’) interest in the property with vacant possession.
Potential for mixed uses including residential, retail and/or business.
There may also be an opportunity to include the adjacent cleared site of the former swimming pool, subject to separate negotiation with the head tenant. That site extends to approximately 0.67 acres (0.27 hectares).
Significant public realm improvements to Kirkcaldy Waterfront including £5m investment in sea wall and promenade and investment in Volunteers Green (public park).
Other public investment in the town centre including new Kirkcaldy Leisure Centre, Kirkcaldy Galleries and Adam Smith Theatre (refurbishment works and creation of a new design suite).
Private sector investment including redevelopment of adjacent waterfront site (54 apartments) and High Street gap site (39 apartments).
Offers are invited for the heritable (‘ownership’) interest in the property with vacant possession.
Potential for mixed uses including residential, retail and/or business.
There may also be an opportunity to include the adjacent cleared site of the former swimming pool, subject to separate negotiation with the head tenant. That site extends to approximately 0.67 acres (0.27 hectares).
Significant public realm improvements to Kirkcaldy Waterfront including £5m investment in sea wall and promenade and investment in Volunteers Green (public park).
Other public investment in the town centre including new Kirkcaldy Leisure Centre, Kirkcaldy Galleries and Adam Smith Theatre (refurbishment works and creation of a new design suite).
Private sector investment including redevelopment of adjacent waterfront site (54 apartments) and High Street gap site (39 apartments).
Property Facts
| Sale Type | Investment | Property Type | Land |
| Tenure | Freehold | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.24 AC |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.24 AC |
1 Lot Available
Lot
| Lot Size | 1.24 AC |
| Lot Size | 1.24 AC |
Two adjacent multi-storey car parks, redevelopment opportunity.
Description
The total site area is approximately 0.50 hectares (1.24 acres)
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Keith Hutchison -
Montagu Evans LLP
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Esplanade
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