Prominent freehold retail on Kirkcaldy High Street — high yield potential at auction.
- Freehold high-street retail unit, 675 sq ft (62.7 sq.m)
A prominent three-and-a-half storey freehold retail unit on Kirkcaldy High Street offering clear income and redevelopment potential. The 675 sq ft split-level layout includes a main retail area, back-shop, kitchen, WC and basement — useful for storage or conversion. At a guide price of £33,000 the lot shows an estimated rental of £6,000pa (circa 13.6% yield), making it attractive to investors seeking high nominal returns.
The property benefits from a large high-street frontage, excellent mobile signal and strong pedestrian footfall in a busy town-centre retail parade. Kirkcaldy is Fife’s second-largest town with good transport links, a broad amenity mix and local initiatives that support town-centre activity. The sale qualifies for up to 100% small business rates relief, which can reduce initial holding costs.
Buyers should note material negatives: the area is classified as very deprived; the building shows a mix of floor types and will likely need refurbishment to meet modern retail standards; broadband speeds are very slow; and there are auction conditions including a buyer’s premium and possible additional fees. The vendor is a connected party and the yield is based on an estimated rent, not a current tenancy.
This lot suits investors comfortable with an auction purchase and hands-on management, or an owner-occupier prepared to refurbish for a local retail or hospitality use. The combination of low guide price, prominent frontage and central location gives clear scope to add value, but budget realistically for works and marketing to secure a letting or fit-out.
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