The Bridge Business Centre: Phase 2 release

From £35,000
For Sale

1546

Property ID

200SqFt

Size

Description

The Bridge Business Centre,

A fantastic opportunity to own a piece of Scottish heritage in the form of a commercial buy to let in a prime location of the Kingdom of Fife. The building itself is situated on the High Street in Kirkcaldy, in 12 acres of land earmarked for a major regeneration over the next 2 years, lending itself to a mixture of commercial, residential and industrial uses. The first phase of this plan is the iconic Nairn Building. Constructed in the 1880s it original owners, the Nairn Family based their linoleum production from there up until the 1960s. it was then acquired by the University of Fife, where it remained until they moved to a brand new purpose built campus. The building is fitted with state-of-the-art broadband as well as a fully equipped restaurant break out rooms, first class working space, office suites, conference facilities, leisure, food and supporting facilities.

The Bridge will provide a space for businesses to thrive and connect with people and other businesses.

Investors may benefit from anticipated yields higher than traditional, standalone investment properties.

The details of this investment are;

  • 175 year leasehold with HM title deeds.
  • 1st year 8% NET guaranteed and payed upfront.
  • 2nd year returns assured at 8%.
  • 3rd year onwards predicted 8% plus.
  • Structured exit plan at 5 and 10 years.
  • Buy back option 0f 100% after 5 years and 125% after 10 years.
  • Asset backed with no tie-ins or redemption penalties.
  • Grade A offices, commutable to the capital.
  • Knight Frank, an industry leading letting agent working on your behalf to obtain long term rental leases from establish companies and shorter term leases for startup businesses to get you the best possible ROI.
  • The investment itself is split into 4 different size plots with the ability to choose from 50 square foot to multiple plots purchases up to and including full floors.*

Address

Address: Kirkcaldy
  • Country: United Kingdom
  • Postal code / ZIP: KY
Open on Google Maps

Second Floor: We do have a selection of smaller plots, please request details.

  • Size9719 Sq Ft

Contact

Name: The Bridge

01204 589 111
enquiries@astondarby.co.uk

Ratings & Reviews

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1 Review

  • 5 months ago

    Was an opportunity not to be missed, great time to invest in an emerging market from the very beginning. Looked into the company and am expecting great things, so got involved immediately. Great way to diversify my current investment portfolio. Lovely listed building with amazing potential. Looking forward to making a fantastic return on my initial investment and possibly an further investment in the very near future.