143 Rosslyn Street, Kirkcaldy, Fife, KY1 3HT

Description

A prime vacant commercial property in the heart of Kirkcaldy, situated on a prominent corner plot on Rosslyn Street in a busy mixed-use area. The property traded for many years as a café/takeaway and offers generous internal space, large display windows and scope for internal reconfiguration. Potential uses include hot food takeaway, retail, cafe, offices or potential redevelopment subject to planning permissions.

Accommodation

Approximately 49.6 square metres; generous internal space and large display windows.

Location

Located in the heart of Kirkcaldy on a prominent corner plot on Rosslyn Street, in a busy mixed-use area with strong footfall, excellent road links and surrounding residential and commercial properties. Close to the town centre and A92.

Tenure / Property Information

Investment Analysis

The £56,000 guide is the only supplied price evidence. No completed sales or sufficiently specific rental comparables are provided, so market value, GDV and evidence-supported low/base/high scenarios cannot be established. The auctioneer's £7,500 per annum rent estimate implies a 13.4% gross yield on the guide price, calculated as £7,500 ÷ £56,000.

Investment Snapshot

Strategy Recommendation

Treat as a commercial income-led opportunity only if the £7,500 rent estimate can be independently validated and the legal pack confirms acceptable tenure, fees and permitted use. Do not set a maximum bid from the supplied evidence alone.

Works Required

The description supports considering internal reconfiguration of the approximately 49.6 sq m premises. No specific defects, refurbishment scope or costs are evidenced. Any change of use or redevelopment would be subject to planning permission.

Rental & Market Context

Potential BRRR Position

A BRRR analysis cannot be established because no GDV, refurbishment budget, finance costs or lender terms are supplied. Refinance capacity cannot be calculated. The property is vacant and any reconfiguration or alternative use may require planning consent.

Buy-to-Let Analysis

This is a vacant commercial hot food takeaway/cafe rather than a residential BTL property. Using the auctioneer's estimated rent of £7,500 per annum, the gross yield on the £56,000 guide is approximately 13.4%. This is an estimate rather than passing rent, and no external rental comparables or operating-cost information are supplied.

Flip Analysis

A flip/resale surplus cannot be calculated because no completed sales, GDV, works allowance, buyer premium, administration costs or supported selling allowance are supplied. The description indicates potential reconfiguration or redevelopment, but these possibilities are subject to planning and are not quantified.

Investor Risks & Due Diligence

• The property is vacant, so the £7,500 annual rent is only an auctioneer estimate and is not passing rent.

• No sufficiently specific external rental comparable has been identified.

• Tenure and lease information are not supplied.

• Potential alternative uses or redevelopment are subject to planning permission.

• Buyer Premium and possible additional fees are not quantified and may materially increase total acquisition cost.

• No condition survey, EPC or heating information is supplied.

• Commercial letting and operation may involve costs and risks not reflected in the stated gross yield.

Recommendation

Treat as a commercial income-led opportunity only if the £7,500 rent estimate can be independently validated and the legal pack confirms acceptable tenure, fees and permitted use. Do not set a maximum bid from the supplied evidence alone.

Strategy Rating

Analysis Confidence

The guide price, approximate floor area, vacant status and auctioneer rent estimate are supplied, but there are no sold comparables, specific rental comparables, tenure details, lease information, works costs, GDV evidence or complete buyer charges.