PRIME NEW LISTING. We are excited to present this attractive commercial investment opportunity located within a prime location in Auchinleck.
An unmissable opportunity for commercial investors aiming to acquire a large yet affordable premises. This property boasts fantastic development potential and is ready for an investor or developer to revitalise and bring back to life.
Situated amongst bustling shops, the property benefits greatly from its proximity to residential areas and experiences significant daily footfall, ensuring a constant stream of potential clientele.
Location
Auchinleck is a charming town located in East Ayrshire, known for its rich history and welcoming community. It offers a variety of local amenities, shops, and excellent transport links, making it an ideal location for both commercial investors and residents alike.
Accommodation
The property comprises an inviting entry, a welcoming waiting area, a versatile shop floor, and a convenient toilet.
Terms
Guide Price - £50,000
**Business Rate is £2,650 so would qualify for business rates relief, The property is being offered at a fantastic discount to ensure a sale**
For those interested in rental investments, properties in this highly sought-after area are currently achieving rental returns of £500-£600 PCM, equating to £6,000 - £7,200 per annum. Securing this property at the guide price could yield a remarkable gross return of 12% to 14.4%, offering a lucrative investment opportunity.
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.