Commercial Development Opportunity

An excellent residential and commercial development opportunity situated in a prime location in Kirkcaldy. Previously operating as an old school and subsequently as social work offices, this unique building offers fantastic potential for conversion into 18 apartments, with full planning permission, building warrant, and listed building consent already in place. Based on an estimated gross development value (GDV) of 95,000 per apartment, the completed project could achieve a total GDV of 1,710,000. Once developed, the property also lends itself well to alternative uses such as short-term lets or Airbnb, subject to the necessary consents. The property requires renovation to reach its full potential. The local area has experienced strong residential sales demand, supported by comparative sales on High Street, Dysart. The development is conveniently positioned close to local amenities, including two large supermarkets, a local school, and restaurants, and is just a short distance from Pathhead Sands Carpark on the beach. Living in Kirkcaldy offers coastal charm, beautiful beaches, and a strong sense of community, with convenient amenities including shops, schools, and healthcare. The town provides good transport links to Edinburgh and other cities, making it an inviting choice for a balanced lifestyle. Planning reference: 21/02127/FULL. Building warrant reference: 23/00195/BW. Listed building consent reference: 22/03078/LBC.