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Guide Price: £159,000 - Bid Now

21-25 James Street, Dunfermline, KY12 7QE


Key Features:

Iconic DUNFERMLINE TOWN CENTRE BUILDING FULL BUILDING potential for take-away restaurant and upper floors 2 FLATS subject consents OVER 3 FLOORS IDEAL DEVELOPMENT POTENTIAL FACING The Kingsgate Shopping Centre/ ARGOS/ NEW LOOK - anchored by M&S and Debenhams. The town’s bus station is also a short walk away. Rental potential circa £27,000 per annum. ***VAT FREE PROPERTY***


  • Iconic DUNFERMLINE TOWN CENTRE BUILDING FULL BUILDING potential for take-away restaurant and upper floors 2 FLATS subject consents OVER 3 FLOORS IDEAL DEVELOPMENT POTENTIAL FACING The Kingsgate Shopping Centre/ ARGOS/ NEW LOOK - anchored by M&S and Debenhams. The town’s bus station is also a short walk away.
  • ***SALE BY ASSET MANAGEMENT COMPANY*** IDEAL DEVELOPMENT potential to create a GROUND FLOOR TAKE-AWAY/ RESTAURANT OR RETAIL UNOT (recent use) RENTAL £15,000 P.A with access to a close and 2 upper floors could be 2 flats on upper floors above. SUPER SPOT FACING ARGO NNEW LOOk ROUND FROM High St.
  • SUPER LOCATION The retail accommodation consists of a double frontage window to James Street, affording good natural light, open plan sales area with a laminate wood floor, suspended ceiling incorporating strip light panels and structural pillars. There is a small back office/ storage room within the unit and a WC on the back stair.
  • EXCELLENT SIZE and 100% prime location. Located 4 miles north of the shores of the Firth of Forth and the new Queensferry Crossing, Dunfermline is well connected to a network of roads (M90) and rail to Edinburgh (20 miles away) Stirling (28) and Perth (30). Dunfermline has a resident population of just over 50,000 and is the largest settlement in the Kingdom of Fife. Also VAT Free Property.

Description:

***IDEAL DEVELOPMENT OPPORTUNITY*** Iconic DUNFERMLINE TOWN CENTRE BUILDING FULL BUILDING facing Kingsgate Shopping Centre BUSY SPOT potential for take-away / restaurant ON GROUND FLOOR (WAS A BRIDAL SHOP) and upper floors 2 FLATS subject consents OVER 3 FLOORS IDEAL DEVELOPMENT POTENTIAL FACING The Kingsgate Shopping Centre/ ARGOS/ NEW LOOK - anchored by M&S and Debenhams. The town’s bus station is also a short walk away. Rental potential circa £27,000 per annum. ***VAT FREE PROPERTY*** ***SALE BY ASSET MANAGEMENT COMPANY*** IDEAL DEVELOPMENT potential to create a GROUND FLOOR TAKE-AWAY/ RESTAURANT OR RETAIL UNOT (recent use) RENTAL £15,000 P.A with access to a close and 2 upper floors could be 2 flats on upper floors above. SUPER SPOT FACING ARGO NNEW LOOk ROUND FROM High St. Detached former tenement with a sandstone frontage and rendered gables under a pitched and slated roof. The accommodation has been arranged into retail on ground floor and offices on the two upper floors. SUPER LOCATION The retail accommodation consists of a double frontage window to James Street, affording good natural light, open plan sales area with a laminate wood floor, suspended ceiling incorporating strip light panels and structural pillars. There is a small back office/ storage room within the unit and a WC on the back stair. The upper floors both provide a large, three windowed room to the north and a series of smaller rooms, WC and tea prep area to the south. The rooms all have good head-height, are either carpeted or laminate floored and have painted plaster walls. Access to the upper floors can be separate to the ground floor retail space, via a pend immediately to the west of the property, which provides development potential to create flats on first and second floor, subject to all the necessary consents. EXCELLENT SIZE and 100% prime location.

Location:


ICONIC BUILDING. The premises are on the south side of James Street, which runs parallel and to the north of East Port / High Street. Neighbouring property is mainly in commercial use and include the offices at East Port House and The Kingsgate Shopping Centre, which is anchored by M&S and Debenhams. The town’s bus station is also a short walk away. Located 4 miles north of the shores of the Firth of Forth and the new Queensferry Crossing, Dunfermline is well connected to a network of roads (M90) and rail to Edinburgh (20 miles away) Stirling (28) and Perth (30). Dunfermline has a resident population of just over 50,000 and is the largest settlement in the Kingdom of Fife. It has a reported catchment area of 150,000 and numbers are swollen by tourists in the summer months. Dunfermline was once the capital of Scotland and historic records date back to the 11th century.

Rateable Value:


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Ownership & Occupation:


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.

Guide Price: £159,000 - Bid Now


Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set no more than 10% above or below the advertised guide price.

Bid Now Explained:


You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.











Internal Open Viewings:


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime:


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.


















Offer Now:

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person:

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live:

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy: (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form







  • Auction Date:

    11 September 2018


  • Start Time:

    7.00pm


  • Auction Location:

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions:


View a Map & Directions to the Auction Venue.
Glasgow Radisson | Edinburgh Marriott


Registration:

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs:

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits:

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method:

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.