Licensed/development Opportunity, Lochgelly. (ref 1610)

The subjects are currently fitted as a public bar with furniture and bar fittings in situ.

The availability of The Kings Arms represents an excellent opportunity for a buyer to acquire a freehold property in a busy trading location in a central Fife town. A minimum amount of capital expenditure is required in order that the property could return to a free of tie public house.

Alternatively, subject to Local Authority planning consent, the subjects are attractive for change of use such as hot food, retail or residential. Prospective purchasers should make their own enquiries on this aspect.

The premises benefit from a Premises Licence under the Licensing (Scotland) Act 2005.

We are advised that the rateable value is £9,600. The property is exempt from paying rates.

A guide price of £99,500 plus VAT is sought for the heritable interest in the property and all fixtures & fittings pertaining thereto.

Photos shown are historic internal images and can only be used for guide purposes.