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Investment Highlights

  • High levels of passing trade
  • 2 second floor residential flats included
  • Good levels of nearby parking

Executive Summary

The subjects are located on the western side of the High Street with an entrance to the property on the eastern side of Hill Street. The subjects comprise an end terraced investment formed over the first floor and second floor of a three storey building of stone construction.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 125
  • 721 SF
  • Office
  • $372,663 CAD ($516.87 CAD/SF)
  • $39,725.86 CAD
Sale Type Investment
Cap Rate 10.66%
Tenure Freehold
Description
The first floor comprises of a leisure hall, kitchen, office space and w.c. which is currently on a short term rolling lease and achieving £950 PCM. The second floor comprises of a studio flat and a one bedroom residential flat with a total income of £1,005 PCM. These flats benefit from video intercom.
Sale Notes
Offers over £220,000 are invited for the freehold interest.
Unit Unit Size Condo Use Price NOI
Unit 125 721 SF Office $372,663 CAD ($516.87 CAD/SF) $39,725.86 CAD

Unit 125

Unit Size
721 SF
Condo Use
Office
Price
$372,663 CAD ($516.87 CAD/SF)
NOI
$39,725.86 CAD

Unit 125

Unit Size 721 SF
Condo Use Office
Price $372,663 CAD ($516.87 CAD/SF)
NOI $39,725.86 CAD
Sale Type Investment
Cap Rate 10.66%
Tenure Freehold
Description
The first floor comprises of a leisure hall, kitchen, office space and w.c. which is currently on a short term rolling lease and achieving &#163;950 PCM. The second floor comprises of a studio flat and a one bedroom residential flat with a total income of &#163;1,005 PCM. These flats benefit from video intercom.</li></ul>
Sale Notes
Offers over &#163;220,000 are invited for the freehold interest.</li></ul>

Property Facts Sale Pending

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 2,365 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Office
Building Class C
Floors 3
Typical Floor Size 788 SF
Year Built 1850
Lot Size 0.07 AC

Amenities

  • 24 Hour Access
  • Security System
  • Signage

Nearby Major Retailers

Costa Coffee
Morrisons
Nisa
Bank of Scotland
The Food Warehouse
PureGym
Co-op
Lidl
  • Listing ID: 29206385

  • Date on Market: 2023-08-07

  • Last Updated:

  • Address: 125 High St, Kirkcaldy KY1 1LW

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