The Postings in Kirkcaldy sold at auction - here is what it went for

The Postings Shopping Centre, Kirkcaldy - up for auction with a �1 price tag
The Postings Shopping Centre, Kirkcaldy - up for auction with a �1 price tag

The Postings Shopping Centre in Kirkcaldy has been sold for £310,000.

It went under the hammer in London today with a give-away pricetag of £1.

Owners, Columbia Threadneedle, slapped the discount price on it to generate interest, and get the near empty centre off its books.

• In Pictures: Memories of the Postings through the years

It was one of 75 properties auctioned by Allsop in London today.

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Bidding started at a pitiful £10, but quickly ramped up as bidders in the auction room, online and via phone pushed it well into six figures.

The hammer finally came down at £310,000.

The new owner now has to complete the sale in ten days.

The £1 pricetag was highlighted in a report on The One Show, the BBC’s flagship magazine show, broadcast last night.