Summary - 143, ROSSLYN STREET KY1 3HT
1 bed 1 bath Cafe
Freehold former cafe with high yield potential; auction sale and refurbishment required.
Prominent corner retail unit with large display windows
A prominent corner commercial unit in central Kirkcaldy, offered freehold and sold by online auction. The vacant former cafe/ takeaway spans c.49.6 sq m (c.534 sq ft) and benefits from large display windows, strong passing footfall and easy road links to the A92. Broadband and mobile connectivity are good, supporting a range of commercial uses or a refit back to hospitality (subject to consents).
This lot presents clear investor appeal: based on the guide price the estimated gross rental yield is 13.6% (estimated rent £7,500 pa). The property is a blank canvas for a new operator or landlord seeking a short‑term refurbishment opportunity in a busy mixed‑use street with frequent local amenity trips.
Buyers should note material considerations plainly. The unit is vacant and will require refurbishment to re-open or to attract new tenants; internal works and compliance upgrades may be needed for food use. The sale will proceed at online auction and is subject to a buyer’s premium and possible additional fees — consult the legal pack. The property sits in an area classified as very deprived, which affects demand dynamics and tenant mix. The vendor is a connected party.
Suitable for investors, developers or an owner‑operator prepared to undertake works and to manage a short refurbishment programme, this freehold offers a low entry price with strong headline yield if the estimated rent can be achieved. Check the legal pack and local planning guidance before bidding to confirm specific fit‑out or change‑of‑use requirements.
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