55 Knockcushan Street, Girvan, KA26 9AG

Large mixed-use property with profitable catering business and well-kept, 2-bedroom flat in the popular coastal tourist destination of Girvan. Potential rental income of £16,800 per annum representing a yield of 12%.

The commercial property (CLASS 3/ HOT FOOD) is comprised of a spacious shop front, fully equipped kitchen, large stock room and two external storage facilities to the rear of the property. The purchase of the property can include all contents and equipment ensuring an excellent start up opportunity for any young entrepreneurs.

The cafe has been a stalwart on the shore front of Girvan for many years and has been hugely profitable through both the peak summer tourist season and in the off season. The cafe/snack bar has operated an exceptional in store and home delivery service and boasts a plentiful supply of regular and returning customers. If purchased as a commercial buy to let, the property could be let out for £750pcm- £850pcm (£9,000- £10,200 per annum) ensuring an excellent return on investment.

The residential half of the property is a well maintained 2 bedroom flat with an exceptional long term and short term rental history. Long term the flat has been successfully rented out at £650pcm (£7800 per annum). Recently the flat has been let out at £325 per week (£12,675 per annum at standard 75% occupancy) for workers at the local wind farm which has proved to be a very profitable route for the property due to high demand for short term accommodation and little competition within the local area.

Air B&B could also be another profitable route for the property with potential income of £150 per night with a high demand in the local area due to its close proximity to the world renowned Trump Turnberry golf links.

The new owner also has the potential to split the properties and sell one half or manage the two as separate entities. The properties are split two locking doors but the doorway could be filled to fully separate them. Both the commercial and residential portions have different front door entrances.

The property is also located right next to the pier where boat tours run out into the firth of Clyde. Tours can be arranged to the famous isle of Ailsa Craig which produces all the granite used in the manufacturing of Olympic curling stones. Wildlife watching expeditions are also run from the harbour as well as sporting expeditions for some of the best sea fishing the country has to offer.

Other things to do in Girvan include:

Girvan Beach - Wide sandy beach with promenade, play area, boating pond and great views out to Ailsa Craig and the Firth of Clyde - perfect for walks, picnics and seaside fun.
Girvan Scenic Lookout - Beautiful spot for sea views and photos.
Stair Park & Victory Park - Local green spaces for relaxing, walks or a picnic.
Coastal & Countryside Walks - The promenade links to scenic trails south toward Lendalfoot and the long Ayrshire Coastal Path; inland paths along the Water of Girvan offer peaceful riverside walking.

Recent local sales (Rightmove):

42 Vicarton Street, Girvan - £135,000
23 Roxburgh Road, Girvan - £121,764
90 Dalrymple Street, Girvan £110,500
11 Ailsa Street, Girvan £141,000

This lot will be sold under auction terms and conditions by Braveheart Auctions.

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