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Harbour Place, Burntisland KY3 Mixed use for sale
Harbour Place, Burntisland KY3
£175,000
Harbour Place, Burntisland KY3
£175,000
Price History
| Initial price | £195,000 |
| 29/09/25 | £175,000 |
| 07/10/25 | £195,000 |
| 12/10/25 | £175,000 |
| 21/10/25 | £195,000 |
| 27/10/25 | £175,000 |
| Price Change | -10.26% |
Description
This is a prime mixed-use investment opportunity in Burntisland, Fife, Scotland. The property is a blank canvas with potential for various uses, including a commercial unit with planning approved for a bar/restaurant, as well as two residential flats. The commercial unit has a current yield of 84% if achieved at the guide price, and there is scope to add value by renovating or converting the property. The property is situated near the town's busy high street, benefiting from large daily footfall. The current 11 bedrooms could be occupied at 70% to generate over £210,000 per year, or the property could be fully converted into a commercial and run as a hotel/aparthotel/bed and breakfast. The property is being sold with vacant possession, but the 3 ensuite bedrooms are currently tenanted and the 4-bedroom flat is being rented out. With a guide price of £565,000, this property offers a fantastic yield potential and is sure to appeal to shrewd investors looking for a great project with vast potential to add value and generate high cash flow.