54 HIGH STREET, LEVEN, KY8 4NA
Substantial Retail Property Ripe for Refurbishment/Development – 390 sq.m (4,198 sq.ft)
The property is in the town of Leven (Population 8,800) eight miles north east of Kirkcaldy (Population 49,000) on the southern coast of Fife. The High Street is pedestrianised creating an attractive busy shopping street.Within Leven the subjects are situated roughly mid-way along of the High Street on its northern side. Other occupiers in the vicinity are a mixture of national and local traders.
The property comprises a two storey and attic mid terraced building having stone walls and a pitched slated roof. The accommodation was most recently occupier as a jewellery store and would benefit from some refurbishment and modernisation.
Internally the front section of the ground floor and front section of the first floor are open plan and were most recently used mainly for retail sales. The rear areas of the ground and first floors were used for a mixture of storage, staff and toilet accommodation. Externally there are a couple of useful small storage buildings.
Historically the upper floors would have been used as residential space and it would now seem appropriate to consider redeveloping the two upper floors to separate residential use. Subject to all necessary consents, at least one good sized flat should be able to be created. Access to the ground and upper floors can be gained from Crown Lane to the rear and with careful design it may be possible to have essentially separate access routes to the two parts of the property.
- Ground Floor Retail, 101 sq.m (1,085 sq.ft)
- First Floor Retail, 86.5 sq.m (930 sq.ft)
- Attic Floor Storage, 40.5 sq.m (435 sq.ft)
Interested parties should make their own enquiries of Fife Council regarding their intended use for the property Tel 03451 55 11 22.
Ground Floor £20,600 (£11,000 in 2017). First Floor £4,200 (£2,350 in 2017). With the Rateable Value being below £15,000 in 2017 occupiers may be exempt from rates, potential buyers should satisfy themselves in this respect.
Owner vacant possession.
Contact SVA Property Auctions or the Joint Auctioneers.
Graham & Sibbald, 16 Wemyssfield, Kirkcaldy, KY1 1XN Tel 01592 266 211 (Colin Devine).