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SALE BY ONLINE AUCTION 25TH MARCH 2021, Former Public House / Development Potential, 52 Old Street, Kilmarnock, KA1 4DX

1,900 Sq Ft / Leisure / Pubs/Bars/Clubs

Sold - Last updated: 07 March 2023

SALE BY ONLINE AUCTION - 25TH MARCH 2021 AT 9.00AM. Great Opportunity to acquire a former public house comprising a full two storey detached building offering excellent redevelopment potential (STP). Possibility to create multiple units from this property.

· Central Location with excellent motorway links & near to a number of autotrade outlets, national trade counter operators and industrial estates** **Achievable rental levels of £XXX per annum + depending on use of the property**

· The ground floor public house is circa 1150 sq ft and is presented in excellent order***We believe The First floor was formerly a flat. It is currently in a shell condition and is circa 750 sq ft.

· Located within a mixed commercial / residential area the property has a number of potential alternative uses subject to obtaining all necessary consents ***

· This property offers a plethora of opportunities for the savvy investor/ developer***Potential to convert into Multiple Units*** Great restaurant opportunity***

Seldom available Full 2 storey detached building formerly trading as a Public House and now offering excellent potential **Opportunity to create a lifestyle business re opening as a trading gastropub / restaurant (subject to planning)*** Multiple alternative uses including offices, retail units, nursery*** Additional upper floor flat (currently unhabitable and in shell condition)*** The surrounding area is a big mixture of residential developments and autotrade outlets, national trade counter operators and industrial estates***This type of property is rarely brought to market and is likely to attract substantial interest from local proprietors and shrewd property investors. The property is located close to a number of Kilmarnock landmarks including: The Dick Institute, Palace Theatre, Kilmarnock Academy, Kay Park & is located within walking distance to Kilmarnock College ***Ideal owner occupier Opportunity*Affordable Guide Price*Popular Property***

 

Terms

Auction goes live 25th March 2021 at 9:00 GMT. Ends 25th March 2021 at 15:00 GMT. You must be registered on www.opascotland.com to be able to bid on property and view legal documents. Purchase is subject to security checks, carried out by third party electronically.


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