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32 Well Road, Auchinleck, KA18 2JZ

£50,000

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Investment

Commercial

32 Well Road, Auchinleck, KA18 2JZ

Rare Residential Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this attractive commercial investment opportunity located within a prime location in Auchinleck.

  • **Business Rate is £2,650 so would qualify for business rates relief, The property is being offered at a fantastic discount to ensure a sale**

  • For those interested in rental investments, properties in this highly sought-after area are currently achieving rental returns of £500-£600 PCM, equating to £6,000 - £7,200 per annum. Securing this property at the guide price could yield a remarkable gross return of 12% to 14.4%, offering a lucrative investment opportunity.

  • An unmissable opportunity for commercial investors aiming to acquire a large yet affordable premises. This property boasts fantastic development potential and is ready for an investor or developer to revitalise and bring back to life.

  • Situated amongst bustling shops, the property benefits greatly from its proximity to residential areas and experiences significant daily footfall, ensuring a constant stream of potential clientele.

PRIME NEW LISTING. We are excited to present this attractive commercial investment opportunity located within a prime location in Auchinleck.

The property comprises an inviting entry, a welcoming waiting area, a versatile shop floor, and a convenient toilet.

For those interested in rental investments, properties in this highly sought-after area are currently achieving rental returns of £500-£600 PCM, equating to £6,000 - £7,200 per annum. Securing this property at the guide price could yield a remarkable gross return of 12% to 14.4%, offering a lucrative investment opportunity.

An unmissable opportunity for commercial investors aiming to acquire a large yet affordable premises. This property boasts fantastic development potential and is ready for an investor or developer to revitalise and bring back to life.

Situated amongst bustling shops, the property benefits greatly from its proximity to residential areas and experiences significant daily footfall, ensuring a constant stream of potential clientele.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

**Business Rate is £2,650 so would qualify for business rates relief**

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

Auchinleck is a charming town located in East Ayrshire, known for its rich history and welcoming community. It offers a variety of local amenities, shops, and excellent transport links, making it an ideal location for both commercial investors and residents alike.

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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)

£11,000

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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.