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423 High Street, Kirkcaldy, KY1 2SG

  • Investment
  • 732 sq ft
  • For Sale
423 High Street, Kirkcaldy, Investment For Sale - Screenshot 20250428 at 081511.png
Property Type Investment
Tenure For Sale
Size 732 sq ft
Price Offers in excess of £52,500 A purchase at this level reflects a NIY of 12.16% after purchasers costs.
Business Rates Upon Enquiry
Energy Performance Rating Upon enquiry

Single let retail investment located within the Kirkcaldy Town Centre

Key Features

  • Located within the heart of Kirkcaldy Town Centre
  • Single fronted retail premises
  • Let to private individual t/a Kingdom Reptiles
  • Tenant has been in occupation since 2017
  • Let on FRI terms expiring Feb 2027
  • Passing rent of £6,500 pa
  • Offers over £52,500 invited = NIY of 12.16% after purchasers costs

Description

Single fronted retail premises forming part of larger tenement building.

Externally benefits from single shopfront with customer entrance.

Internally provides open-plan sales space to the front with rear storage, tea-prep and WC.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Ground 732 68.01 Available
Total 732 68.01

Location

Kirkcaldy is one of Fife’s principal centres having a population approaching 50,000 persons and a catchment area estimated to be in the region of 150,000.

The town benefits from an excellent transportation system, having a railway station located on the east coast mainline which runs from London Kings Cross via Edinburgh to Aberdeen and the East Fife Regional Road providing a first class dual carriageway link into Central Scotland’s motorway network.

The subjects themselves are located on the eastern side of High Street, to the northern periphery of the town centre with the Kirkcaldy Docks and Deas Wharf Street being directly opposite.

The surrounding area is given over to a mix of commercial and residential usage with nearby occupiers including Barony Housing Association and La Gondola Restaurant

Tenancy Information

Let to a private individual t/a Kingdom Reptiles

Tenant has been in occupation since 2017 and renewed in 2022 with expiry in Feb 2027

Low passing rent of £6,500 PA