FOR SALE BY ONLINE AUCTION WEDNESDAY 29TH OF JANUARY 2025 AT 9AM - ***PRICE SLASH...PREVIOUSLY MARKETED AT £87K....!!!!!!***PRESENTING A PRIME COMMERCIAL PROPERTY IN THE HEART OF KILMARNOCK'S BUSTLING TOWN CENTRE***PROMINENT THOROUGHFARE KNOWN FOR ITS HIGH FOOTFALL AND DIVERSE MIX OF RETAIL, OFFICE AND LEISURE ESTABLISHMENTS***HIGH YIELD AT 16% BASED ON GUIDE PRICE***
***100% PRIME TOWN CENTRE COMMERCIAL INVESTMENT. Ground floor 44.19sqm (475sq ft) Income producing let to William Coffey MSP on a FRI lease at £9,500 pa***
***Retail unit forming part of the ground floor of an impressive 2 storey building. Internally the unit is fitted with public office to the front and private office, kitchen, storage and WC to the rear.***
TENANTED INVESTMENT OPPORTUNITY*** William Coffey MSP - Passing Rent: £9,500p.a Full repairing and insuring lease.
SUPER TRADING POSITION ***with highly visible frontage. PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO**
Super location in the heart of Kilmarnock's main business district minutes from Kilmarnock train and Bus Station. Neighbouring retailers include JD Sports, Marks & Spencer, Boots, River Island.
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 14 Aird Avenue, Kilmarnock, KA1 1SJ - (SOLD OCT'24) - £155,000
- 74 Morris Crescent, Hurlford, KA1 5BH - 2 BED - (SOLD OCT'24) - £97,500
- 30, Pentland Road, Kilmarnock KA1 3RU - (SOLD OCT'24) - £96,000
100% PRIME TOWN CENTRE COMMERCIAL INVESTMENT. Ground floor 44.19sqm (475sq ft) Income producing let to William Coffey MSP on a FRI lease at £9,500 pa. Retail unit forming part of the ground floor of an impressive 2 storey building. Internally the unit is fitted with public office to the front and private office, kitchen, storage and WC to the rear. TENANTED INVESTMENT OPPORTUNITY*** William Coffey MSP - Passing Rent: £9,500p.a Full repairing and insuring lease. SUPER TRADING POSITION ***with highly visible frontage. PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO** Super location in the heart of Kilmarnock's main business district minutes from Kilmarnock train and Bus Station. Neighbouring retailers include JD Sports, Marks & Spencer, Boots, River Island.
Super location in the heart of Kilmarnock's main business district minutes from Kilmarnock train Station and Bus Station. Close to all of the town's popular bars, restaurants and attractions with major neighbouring retailers including JD Sports, Marks and Spencer, Boots, River Island and TK Maxx as well as a number of excellent local retailers and boutiques. Kilmarnock has a population of approx. 50,000 and is located within East Ayrshire approximately 22 miles south of Glasgow, 13 miles north of Ayr and 7 miles east of Irvine connected by the A71 and A77 to M77 trunk roads. Kilmarnock has seen the fastest increase in house prices in Scotland since 2020 following major regeneration and re-development locally.
GUIDE PRICE: £59,000
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
PRESENTING A PRIME COMMERCIAL PROPERTY IN THE HEART OF KILMARNOCK'S BUSTLING TOWN CENTRE
PROMINENT THOROUGHFARE KNOWN FOR ITS HIGH FOOTFALL AND DIVERSE MIX OF RETAIL, OFFICE AND LEISURE ESTABLISHMENTS
HIGH YIELD AT 16% BASED ON GUIDE PRICE
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
