Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner. Facebook Messenger An icon of the facebook messenger app logo. Facebook An icon of a facebook f logo. Facebook Messenger An icon of the Twitter app logo. LinkedIn An icon of the LinkedIn logo. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Email An icon of an mail envelope. Copy link A decentered black square over a white square.

From £1 to £310k…Kirkcaldy shopping centre snapped up by mystery bidder

Left, The Postings. Right, one of the Allsops auctioneers in London.
Left, The Postings. Right, one of the Allsops auctioneers in London.

The Postings Shopping Centre in Kirkcaldy has been snapped up at auction for £310,000.

A mystery bidder purchased the struggling town centre mall when it was auctioned by Allsop at The Berkeley Hotel in London’s Knightsbridge with a starting price of just £1.

Bids started at a meagre £10, with potential buyers, including telephone and online bidders, slow to get started.

The auctioneer even said: “If we can’t do any better, we’re going to sell it to the gentleman at £10.”

But offers started to come in, and soon a telephone bidder was willing to pay £230,000, albeit to the surprise of the auctioneer, who said: “All that shopping centre for £230,000?”

Eventually the sale was settled at £310,000.

Best-selling crime writer Val McDermid, who grew up in Kirkcaldy, took to Twitter to say the bargain price paid for The Postings was “really painful to see”.

She said: “This used to be one of the heartbeats of Kirkcaldy High Street. Now the whole area feels like it’s on life support.”

The Postings, which has suffered since the loss of its flagship tenant Tesco in 2015, is in need of investment.

Of its 21 shop units 14 are vacant and the crumbling stairs leading from the High Street to the centre are currently blocked off for safety reasons.

The stairs leading to The Postings.

The site also comprises a 299-space car park.

David Torrance, SNP MSP for Kirkcaldy, said the new owner now had the opportunity to help regenerate the town centre.

“The centre has become run down in recent years and the sale is a great opportunity to provide badly needed refurbishment,” said Mr Torrance.

“It would be good to see the possibility of providing more social housing in the area as I believe if you repopulate the High Street there is an opportunity to increase footfall to the area and make the centre more attractive to retailers.

“As soon as the new owner is confirmed I will be inviting them to meet and discuss their plans for the future of the centre.”

In October last year, previous owner Columbia Threadneedle told The Courier it had no plans to sell up or close the mall entirely, despite only a handful of tenants still operating in the town centre building.

The sale on Tuesday coincided with the last day of trading for Marks and Spencer in Kirkcaldy High Street.

The loss of the food and clothing retailer, which has been a mainstay of the High Street for the past 80 years, leaves another gaping hole in the town centre.