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14-16 Portland Street, Kilmarnock, KA1 1HZ

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£120,000

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£120,000

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14-16 Portland Street, Kilmarnock, KA1 1HZ

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Commercial Investment Opportunity

Description

  • Prime Property Auctions New Entry a Fantastic Commercial Investment Opportunity with PLANNING APPLICATION APPROVED for Class 3 HOT FOOD RESTAURANT located on a busy thoroughfare of Kilmarnock

  • For rental purposes, the property is could achieve upwards of at £4166 PCM  (£50,000 PA), which provides an excellent 38.4% yield if achieved for guide priceFANTASTIC YIELDING INVESTMENT

  • Prominent two-story corner building, offering a total of 669.18 sqm (7,203 sqft) of versatile space, with 272.21 sqm (2,930 sqft) on the ground floor and 396.97 sqm (4,273 sqft) on the first floor, benefitting from high visibility and strong footfall.

  • Sure to appeal to shrewd commercial investors looking for rare commercial premises with great high yield potential, or looking for affordable commercial premises. 

  • Very rarely available location sure to appeal to investors looking for ready let investments in sought after locale.

Prime Property Auctions New Entry a Fantastic Commercial Investment Opportunity with PLANNING APPLICATION APPROVED for Class 3 HOT FOOD RESTAURANT located on a busy thoroughfare of Kilmarnock

HIGH YIELDING INVESTMENT

For rental purposes, the property is could achieve upwards of at £4166 PCM  (£50,000 PA), which provides an excellent 38.4% yield if achieved for guide price

FANTASTIC YIELDING INVESTMENT

Prominent two-story corner building, offering a total of 669.18 sqm (7,203 sqft) of versatile space, with 272.21 sqm (2,930 sqft) on the ground floor and 396.97 sqm (4,273 sqft) on the first floor, benefitting from high visibility and strong footfall.

Sure to appeal to shrewd commercial investors looking for rare commercial premises with great high yield potential, or looking for affordable commercial premises. 

Very rarely available location sure to appeal to investors looking for ready let investments in sought after locale.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our Offer Now 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

 

Kilmarnock, the largest town in East Ayrshire, is a vibrant hub rich in history, culture, and modern amenities. Known as the birthplace of Johnnie Walker whisky, the town blends heritage with contemporary living, offering a variety of shopping, dining, and entertainment options. The Dick Institute provides a cultural focal point with museums and galleries, while Dean Castle & Country Park offers stunning green spaces for outdoor activities. Excellent transport links connect Kilmarnock to Glasgow and the Ayrshire coast, making it an attractive location for commuters. With strong local businesses, quality schools, and a welcoming community, Kilmarnock is a dynamic town that balances history, convenience, and opportunity.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£18,000

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Terms of Sale

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.