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NEW MERCHANT PLACE, KIRKCALDY, FIFE KY1 2 Properties Offered at $2,677,894 CAD in Kirkcaldy
Investment Highlights
- Single-let industrial unit
- 12,470 Sq. Ft. on 2.45 Acres concrete apron
- Enormous, surfaced yard
Executive Summary
The property is let to JC Environmental Solutions Limited until 01 September 2029. There is a Schedule of Condition. Current passing rent: £111,000 Per Annum, set at the last rent review. We calculate this to be £8.48 Per Sq Ft. The lease break in 2024 was not exercised by the tenant. We feel the property is currently under rented.
For an investor or an owner occupier, the land offers an amazing opportunity to either develop on it’s own, or combine with the main site in the future.
Under the current lease the landlord has access rights over the land if required, as shown in the plan.
For an investor or an owner occupier, the land offers an amazing opportunity to either develop on it’s own, or combine with the main site in the future.
Under the current lease the landlord has access rights over the land if required, as shown in the plan.
Property Facts
| Price | $2,677,894 CAD | Number of Properties | 2 |
| Price / SF | $214.75 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.18% | Total Building Size | 12,470 SF |
| Sale Type | Investment | Total Land Area | 3.69 AC |
| Status | Active |
| Price | $2,677,894 CAD |
| Price / SF | $214.75 CAD / SF |
| Cap Rate | 7.18% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,470 SF |
| Total Land Area | 3.69 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Warehouse / Trade Counter
Merchant Pl, Kirkcaldy KY1 3NJ |
Industrial | 12,470 SF | 1990 | - |
|
Secure Land
Merchant Pl, Kirkcaldy KY1 3NJ |
Land | 1.24 AC | - | - |
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NEW MERCHANT PLACE, KIRKCALDY, FIFE KY1
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