Summary - 216, HIGH STREET KY1 1JT
1 bed 1 bath Commercial Property
Three‑storey vacant commercial building — major renovation and planning required, strong upside for experienced investors..
- Vacant whole building over three floors, prominent High Street location
- Ground-floor shop plus storeroom; four office rooms on upper floors
- Victorian stone façade, high ceilings and exposed beams
- Requires full renovation throughout; significant refurbishment costs expected
- Conversion to serviced accommodation possible but subject to planning
- Sits in a very deprived area — may affect rental demand and values
- No flood risk; excellent mobile signal and fast broadband
- Offered for auction at £175,000, sold vacant
A vacant three‑storey commercial building on Kirkcaldy High Street offered for auction at £175,000. The property comprises a ground‑floor shop with rear storeroom plus four generous office rooms across the first and top floors. The façade is Victorian stone and interiors include high ceilings and exposed beams indicative of period commercial stock.
The site is sold vacant and requires a full renovation throughout. Conversion to serviced accommodation is suggested but is subject to securing all necessary planning consents — no permissions are in place. Buyers should allow for complete refurbishment costs and statutory consents when assessing viability.
This is a clear value‑add opportunity for builders, developers or experienced investors comfortable with refurbishment projects and planning risk. Local short‑stay rates (one‑bed from ~£80/night) and recent sales evidence in the town are cited to indicate upside, but the property sits in a very deprived area, which will affect demand and lettings dynamics.
Practical positives include excellent mobile signal and fast broadband, no flood risk, and a prominent High Street location with plentiful local amenities and transport links. The lot is offered at auction; purchasers must be prepared to proceed under auction terms and to budget for renovation and consent processes.
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