£20,000 Guide Price

11 Bridge Street, Girvan, KA26 9HH

210179298

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4

days

7

hours

32

minutes

7

seconds

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4

days

7

hours

32

minutes

7

seconds

Type

Ownership

Occupation

Bedrooms

Council Tax

Available documents

Legal Pack
Commercial Investment Opportunity

Details

Property Summary

  • Prime Property Auctions New Entry. Tenanted Commercial Property producing an attractive yield at Guide price of £29,000.
  • Property is currently tenanted to a clothes store. The tenant currently pays £210 per month and is on a rolling contract.
  • Potential rental of £450 - £500 per calendar month. This would provide a gross potential yield of 18.6% - 20.6%.
  • Excellent Investment Opportunity. Sure to appeal to shrewd investors looking for an exceptional opportunity for a tenanted commercial property in an area with great rental growth potential.
  • Property is situated on an attractive main road plot, benefiting from large footfall traffic - ***PRIME COMMERCIAL INVESTMENT LOCATION***

 

Prime Property Auctions New Entry. Tenanted Commercial Property producing an attractive yield at Guide price of £29,000. Property comprises Shop sales area, Kitchen area, W/C and store area. Property extends to 51 square meters.

Property is currently tenanted to a clothes store. The tenant currently pays £210 per month and is on a rolling contract. Potential rental of £450 - £500 per calendar month. This would provide a gross potential yield of 18.6% - 20.6%.

 

Excellent Investment Opportunity. Sure to appeal to shrewd investors looking for an exceptional opportunity for a tenanted commercial property in an area with great rental growth potential.

 

Property had roof replaced in 2019, with a 15 year guarantee, along with this the property had internal refurbishment recentl, which shows from the beautiful shop sales area.

 

Property has a reatable value of £1,900 which qualifies the property for small business rates relief. Sought after street location benefiting from large daily footfall and good sized shop frontage.

Property has a Guide price of £29,000 and is sure to appeal to investors looking for an easily lettable commercial property, which benefits from immediate cashflow.

High yielding investment property.

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.

 

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location:

 

Girvan, nestled along the stunning Ayrshire coastline in Scotland, offers an enticing blend of natural beauty, rich history, and economic potential. Its picturesque vistas of the Firth of Clyde and the iconic Ailsa Craig, coupled with a strong sense of community, make it an appealing place to call home. With a history dating back to ancient times, Girvan boasts historic landmarks like Turnberry Castle and the Girvan Old Stumpy Lighthouse, adding to its charm. The town's diverse economy, supported by industries such as fishing, agriculture, and tourism, presents promising opportunities for investment. Residents enjoy a balanced lifestyle, with tranquil surroundings, convenient urban amenities, and access to excellent schools and healthcare. Girvan's property market, offering a range of options at relatively affordable prices, further enhances its appeal as a destination for living and investing in
Deposit & Fee Calculator

10%, minimum deposit £3,000

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All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.

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Property Features

  • Prime Property Auctions New Entry. Tenanted Commercial Property producing an attractive yield at Guide price of £29,000.
  • Property is currently tenanted to a clothes store. The tenant currently pays £210 per month and is on a rolling contract.
  • Potential rental of £450 - £500 per calendar month. This would provide a gross potential yield of 18.6% - 20.6%.
  • Excellent Investment Opportunity. Sure to appeal to shrewd investors looking for an exceptional opportunity for a tenanted commercial property in an area with great rental growth potential.
  • Property is situated on an attractive main road plot, benefiting from large footfall traffic - ***PRIME COMMERCIAL INVESTMENT LOCATION***

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