Summary - 81, HIGH STREET KY1 1LN
1 bed 1 bath Commercial Property
Let retail unit with strong yield potential on a busy Kirkcaldy parade.
Let to William Hill, generating £15,000 pa (£1,250 pcm).
A compact, income-producing commercial unit on Kirkcaldy High Street, currently let to a blue-chip tenant (William Hill) at £1,250 PCM (£15,000 PA). The lease runs to December 2028, offering immediate rental return and a headline yield of around 10.3% at the guide price of £135,000.
The property benefits from a Victorian stone frontage and high ceilings to the retail space, positioned on a busy retail parade with regular footfall and broad local amenities. Services report excellent mobile signal and fast broadband, supporting modern retail/office operations. No flood risk is recorded.
Important investor considerations: only three years remain on the lease, which may deter some buyers and lead mortgage lenders to refuse lending. The sale is by timed online auction and the tenure is recorded as unknown, so purchasers should confirm title and lease documentation before bidding. The wider area has pockets of high deprivation; factor local demand and re-letting prospects into valuation assumptions.
This lot suits yield-focused investors looking for a hands-off, let commercial asset with short-to-medium lease visibility and scope to review terms on expiry. Buyers should budget for legal and due-diligence costs associated with auction purchases and confirm financing options given the limited lease term.
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