Description
Portfolio of three commercial premises within Lochore, Lochgelly. Fully tenanted portfolio of commercial properties within a traditional town centre building. Sold with tenants in place.
Unit 78C - Storage unit (currently used by tenant in 78B) with signed lease for £500 per month - Accessed from the unit at 78B. 10 year lease agreement.
HIGH DEMAND RENTAL LOCATION due to excellent links to Glenrothes, Kirkcaldy, Dunfermline, Rosyth and Edinburgh. SUPER INVESTMENT PROPERTY with long-term tenant giving immediate rental income.
Excellent location in the traditional Fife village of Lochore by Lochgelly. Popular commuter location 25 miles from Edinburgh. Perfect investment property with immediate rental income.
Portfolio of three commercial premises within Lochore, Lochgelly. Fully tenanted portfolio of commercial properties within a traditional town centre building. Sold with tenants in place. Unit 78A - Class 3 hot food takeaway open 7 days per week with signed lease at £150 per week - £7,800 per annum. Unit 78B - Gift shop with rental income agreed at £715 per month - £8,580 per annum. Unit 78C - Storage unit (currently used by tenant in 78B) with signed lease for £500 per month - Accessed from the unit at 78B. 10 year lease agreement. Combined rental for all three units circa £22,380 per annum. HIGH DEMAND RENTAL LOCATION due to excellent links to Glenrothes, Kirkcaldy, Dunfermline, Rosyth and Edinburgh. SUPER INVESTMENT PROPERTY with long-term tenant giving immediate rental income. Excellent location in the traditional Fife village of Lochore by Lochgelly. Popular commuter location 25 miles from Edinburgh. Perfect investment property with immediate rental income.
Lochore is a former mining village in Fife being approximately 3 miles north of Lochgelly and around 15 miles north west of Fife’s largest town Dunfermline. Edinburgh is also easily reached being only 25 miles to the south making commuting to larger Fife towns or even Edinburgh feasible. A range of local retail and leisure facilities are nearby including the ever popular Lochore Meadows Country Park. A greater range of facilities is available at nearby Lochgelly, Cowdenbeath or Dunfermline.
Full Address: 78 Lochleven Road, Tenanted Investment, Lochore, Fife, KY5 8DA
Show MoreTenancy Details
Type of Agreement: Basic LeaseLength: Annual
Rent: £22,380 per year / £1,865 per month
Yield: 16% (approx)
Tenant: Private Individual
Notes: Let to two individual tenants with signed lease agreements for units 78A (Hot Food) and 78B/C (Gift shop and store).
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Pricing Information & Bidding
Opening Bid: £136,000
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Terms of Sale
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- Standard Completion
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Auction Details
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