Rarely Available Investment Opportunity - 5 Bedroom Former Hotel and Restaurant.
Property could command between £XXXcm - £XXXcm per room based on a HMO let providing an annual income of £25,500 - £30,000. Sure to appeal to a shrewd investor. Subject to the relevant research and permissions.
The property is comprised of three floors of multi-use space, including ground floor café and soft play area.
Property could command £2,125 - £2,500 per month based on an HMO let at £425 - £500 per room. Subject to the necessary permissions and consents. Sure to appeal to a variety of buyers and investors.
The property has loads of potential and could be refurbished to a higher standard and re-financed to a higher value.
Since purchasing the property, the current owners have carried out some refurbishments however there is still an opportunity to finalise and complete these works to reap the reward of the full potential of this property.
EXCELLENT OPPORTUNITY for Shrewd investor. Rental potential of £25,500 - £30,000 per annum ran as an HMO.
Location
The Kings Revolution is located in the heart of the bustling town of Dalry with major transport links to Glasgow such as the A737. The Revolution benefits from being in the central location of Dalry and receives heavy footfall as a result. Moreover, the property benefits of being within walking distance of local amenities such as Co-ops, pubs and other restaurants.
Dalry is a charming town in Scotland that exudes a timeless and tranquil atmosphere. Surrounded by rolling hills, lush green fields and meandering streams, Dalry is a place where natural beauty and rich history seamlessly merge.
Accommodation
5 Bedroom Former Hotel and Restaurant
Terms
Guide Price - £170,000
All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Specification
- Rarely Available Investment Opportunity - 5 Bedroom Former Hotel and Restaurant
- Property could command between £XXXcm - £XXXcm per room based on a HMO let providing an annual income of £25,500 - £30,000. Sure to appeal to a shrewd investor. Subject to the relevant research and permissions.
- Property has many potential uses and has previously been used to host events such as weddings and funerals. Sure to appeal to a shrewd investor.
- Property could command gross yields between 10.2% - 12% based off a guide price of £250,000 and ran as a HMO.