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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

INCOME PRODUCING INVESTMENT*** Ground Floor retail Unit in Prime Position in Beautiful Town. Hair salon in occupation producing £19,340 per annum on a FRI Lease. VAT FREE PURCHASE

Tenant: Hair salon Rent: £19,340 per annum Let on a 10 year lease expiring 2030 (No Breaks) Annual RPI-linked rent reviews with a 2% collar and no cap

Compromises: recessed entrance door leading to an open plan salon area with partitions at the rear to form stores, tea prep and w.c facilities. Ground floor 96.06 sqm (1,034 sq ft)

PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £19,340 PER ANNUM

The property is situated on the eastern side of High Street, close to its junction with Brunton Road in a predominantly residential area and occupiers close by include a range of local businesses

INCOME PRODUCING INVESTMENT*** Ground Floor retail Unit in in EXCELLENT TRADING POSITION. Hair salon in occupation producing £19,340 per annum on a FRI Lease. VAT FREE PURCHASE Tenant: Hair salon Rent: £19,340 per annum Let on a 10 year lease expiring 2030 (No Breaks) Annual RPI-linked rent reviews with a 2% collar and no cap The property forms part of a larger building not included in the sale. The area has been calculated to extend to the following net areas: Ground floor 96.06 sqm (1,034 sq ft) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £19,340 PER ANNUM The property is situated on the eastern side of High Street, close to its junction with Brunton Road in a predominantly residential area and occupiers close by include a range of local businesses

Glenrothes the administrative capital of the Kingdom of Fife with a population in the order of 39,000 located approximately 48 km (30 miles) north of Edinburgh, 88 km (55 miles) north east of Glasgow and 35 km (22 miles) south of Dundee. Road accessibility is excellent with the A92 dual carriageway linking Glenrothes to the M90 at Junction 3, 22 km (14 miles) to the west. The M90 provides direct access to Edinburgh, Perth and the national motorway network. The subjects are located on Pentland Park, an established and popular business park approximately half a mile to the south west of the town centre. Glenrothes is a major service centre and is the administrative capital of Fife, containing the headquarters of both Fife Council and Police Scotland Fife Division. It is a centre for excellence within the high-tech electronics and manufacturing sectors. Public services and service industries are also important to the town's economy. Saltire House is situated within the Pentland Park, a well established office and industrial park approximately half a mile to the south-west of Glenrothes town centre.

Full Address: 82 High Street, Markinch, Fife, KY7 6DQ

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 10 Years
Rent: £19,340 per year / £1,612 per month
Yield: 20% (approx)
Tenant: Private Individual
Notes: Let on a 10 year lease expiring 2030 (No Breaks) Annual RPI-linked rent reviews with a 2% collar and no cap

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  Legal Docs (Pending)

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Pricing Information & Bidding

Opening Bid: £99,000

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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 05 March 2026, 10am-3pm
Type: Timed Online Auction

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