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12-14 St. Catherine St 6,567 sq ft 100% Let Office Property Cupar KY15 4HH £475,000 (£72.33/sq ft) 10.43% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Income producing office building.
  • Let to a variety of tenants.
  • Offers in the region of £475,000.
  • Attractive period property.
  • Passing rent £55,078 per annum.
  • NIY 11.11%.

EXECUTIVE SUMMARY

12-14 St. Catherine Street Income producing office building Offers in the region of £475,000 Cupar, KY15 4LS Attractive period property NIY 11.11%
The subjects are located in the popular market town of Cupar within the north east of Fife. The town has an estimated population in the region of 8,500 persons and is host to a mainline train station. The historical town of St. Andrews lies approximately 9 miles to the east with the larger commercial centres of Dundee and Perth lying approximately 13 & 24 miles respectively.
More precisely, the property sits on the north side of St. Catherines Street, close to its junction with Crossgate and Bonnygate within the heart of the town centre. Surrounding occupiers are mixed commercial and residential in use.
The subjects comprise anincome producing office building laid out over ground, first, second and basement floor levels. Access to the property is directly off St. Catherines Street with 2 X access doors.
The subjects are currently let out to a variety of different tenants. Accommodation is cellular in design and well presented throughout.
The property has recently undergone refurbishment and upgrading internally and externally.
The unified business rate for the year 2025/2026 is 49.9p exclusive of water and sewerage rates.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
6,567 sq ft
Costar Property Class
B
Year Built
1890
Price
£475,000
Price per sq ft
£72.33
Yield
10.43%
NOI
£49,543
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
1,642 sq ft
Plot ratio
3.02
Total Plot Size
0.05 ac

AMENITIES

  • EPC - D
  • Demised WC facilities
  • Partitioned Offices
  • Listing ID: 36430284

  • Date on Market: 26/06/2025

  • Last Updated:

  • Address: 12-14 St. Catherine St, Cupar KY15 4HH

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