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FOR SALE BY ONLINE AUCTION THURSDAY 12TH MAY 2022, 1a Bank Place, Kilmarnock, KA1 1HJ

not specified / Offices

For Sale - £60,000.00

Sold - Last updated: 11 July 2022

FOR SALE BY ONLINE AUCTION THURSDAY 12TH MAY AT 9.00AM. Office premises on main street in Kilmarnock, currently tenanted by solicitor firm. Current rental value of £7,000 per annum, providing a yield of 11.7% at Guide Price.

• Prominent Well Let Commercial Investment Opportunity*** Currently let for £7,000 per annum*** Established Solicitor*** Attractive Conservation district within Kilmarnock Town Centre*** Great Turnkey investment property***

• This unit is circa 942 sq ft***Near to Kilmarnock train station & Ayrshire college***

• 50-54 Bank Street Sold £800k (June 16)*** 37 Bank Street Sold £245k*** 62 Bank Street Sold £120k*** Seldom available opportunity to acquire a high yielding freehold commercial property in this popular location***

• Kilmarnock is the main retail & administrative centre for East Ayrshire with a population of circa 44,000 people and a catchment of circa 150,000***

• This property is within the attractive & sought after conservation district in the popular town centre of Kilmarnock***Attractive high yield of 11.7% at guide price*** Full tenancy details contained within the legal pack***

Fantastic opportunity to acquire a well let prominent property currently occupied by a legal firm within the attractive bank street conservation district of Kilmarnock Town Centre*** Rent is up to date*** Full lease details are contained within the legal pack*** Priced to sell at a very attractive yield of 11.7% at guide price*** Great auction property and ideal lot size for private property investor*** Kilmarnock is the main retail centre for East Ayrshire with a resident population of c. 44,000 persons with a wider catchment in excess of 150,000 persons. Kilmarnock is approx 22 miles from Glasgow and is well serviced by transport links via the M77, rail connections and Glasgow and Prestwick airports within 30mins drive.*** This property is within walking distance to Kilmarnock train station & Ayrshire College*** Potential for 100% rates relief *** Auctioneers Comment: “This is a fabulous opportunity to acquire a prominent property in the attractive bank street conservation district within Kilmarnock town centre. It is an affordable lot size for local investors and we expect to see substantial interest from private property buyers”

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Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £60,000.00 NA

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