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Prime Town Centre Retail Unit, 94-96 King Street, Kilmarnock, KA1 1PG

10,570 Sq Ft / Retail / General Retail

For Sale - £375,000.00

To Let - £3,750.00 per month

Available - Last updated: 06 July 2022

**360° Virtual Tour Below** 

This prime town centre location is available to buy, providing high footfall and excellent visibility for business use across three floors at the corner of Queen and King Street at the heart of Kilmarnock town centre. 

The subjects comprise a substantial stand-alone commercial development of traditional construction surmounted by a flat roof overlaid in concrete. 

Benefitting from a traditional return frontage, this fantastic opportunity offers display space on King Street and also onto Queen Street, which is the main thoroughfare from the Queen Street Car Park. 

Formed over 3 stories, the subjects benefit from a substantial sales floor at ground level with access gained via twin aluminium framed doors leading to the open-plan sales area.

Floors have been overlaid in screeded concrete with lighting provided by fluorescent strips with heating and cooling from the air conditioning system also within the suspended acoustic tile ceiling.

The ground floor has been partitioned to form a storage area along with staircases and elevator leading to the upper floors providing further storage, office, staff facilities along with training rooms. 

Neighbouring occupiers include River Island, SpecSavers, Subway, EE, Yorkshire Building Society, T.S.B & Santander.

Location

The property occupies a prominent corner position on the East side of King Street at its junction with Queen Street within Kilmarnock’s town centre. 

Kilmarnock is the main retail centre for East Ayrshire with a resident population of c. 44,000 persons with a wider catchment of over 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.

Accommodation

The subjects have been measured on a Net Internal Area basis to extend to the following:

  • Ground - 357.87sqm (3,852 sq ft)
  • 1st - 318.8sqm (3,432 sq ft)
  • 2nd - 305.3sqm (3,286 sq ft)

 

Total: 981.97sqm (10,570 sq ft)

Terms

Rates - The property is still to be split on the Assessor's website. We note the subjects are in the current Valuation Roll with a Rateable Value of £47,750 for the entire building. 

EPC - Available upon request

Price - Our client is seeking offers of £375,000 exclusive of VAT for their Heritable interest.

VAT - All prices, rents, premiums etc. are quoted exclusive of VAT. Interested parties must satisfy themselves as to the instance of VAT in respect of any transaction.

Legal Costs - Each party is responsible for their own legal costs and the tenant shall be responsible for lease registration costs and land tax as standard.

Anti Money Laundering Regulations - The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires Bowman Rebecchi to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.

For further information concerning the opportunity, please contact Bowman Rebecchi.

Specification

  • Prime town centre lcoation
  • Substantial corner building
  • Excellent frontage and advertising opportunities
  • Set across three floors with ability to sub-divide
  • Private elevator
  • Council car park to rear
  • Leisure/residential/restaurant opportunities (subject to planning)

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
94-96 King Street, Kilmarnock For Sale Freehold £375,000.00 NA
  To Let £3,750.00 per month

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Contact agents

Andrew Bowman

Bowman Rebecchi

01475 430318



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