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76 Main Street, Kilwinning, KA13 6AN

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£695,000

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Commercial

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76 Main Street, Kilwinning, KA13 6AN

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Tenanted Commercial Investment Property

Description

  • Prime Property Auctions New Entry. Excellent Investment Opportunity. GRADE A Tenant. Tesco Extra Paying £60,000 per annum.
  • Property has a Guide price of £695,000, and is tenanted at £60,000 per annum. This produces a Gross annual yield of 8.6%.
  • Perfect Investment Property. Modern Unit let to Tesco since 2009. New lease signed November 2023 and there is a Rent Review January 2029.
  • Large unit extending to 3,916.98 sq ft (363.9 sq m). Property has a rateble value of £17,900.
  • Sure to appeal to Commercial Landlord looking for a fantastic investment with a sought after tenant.
Prime Property Auctions New Entry.  Excellent Investment Opportunity. GRADE A Tenant. Tesco Extra Paying £60,000 per annum. Property has a Guide price of £695,000, and is tenanted at £60,000 per annum. This produces a Gross annual yield of 8.6%. Perfect Investment  Property. Modern Unit let to Tesco since 2009. New lease signed November 2023 and there is a Rent Review January 2029. Tesco is The UK's biggest supermarket chain posted pre-tax profits of £2.3bn, up from £882m, while sales rose by 4.4% to £68.2bn in the year to 24 February. Tesco has more than 330,000 employees and a 27.3% share of the grocery market. GRADE A TENANT Sure to appeal to Commercial Landlord looking for a fantastic investment with a sought after tenant. Large unit extending to 3,916.98 sq ft (363.9 sq m). Property has a rateble value of £17,900. High yielding investment property. 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 The North Ayrshire town of Kilwinning is located approximately 21 miles to the south of Glasgow. The town is accessed via the A78 and A737 and the main Ayrshire railway lines. The subject property occupies the ground floor of a two storey sandstone terrace on the north side of Kilwinning high street. Nearby retailers include Co- op, Optical Express, Lloyds Pharmacy, Coral, RS McColl and Ladbrokes. Popular North Ayrshire Town of Kilwinning. Excellent transport links across Ayrshire and South West Scotland- 21 miles from Glasgow. Price set to ensure interest and SALE. Popular North Ayrshire Town of Kilwinning. Excellent transport links across Ayrshire and South West Scotland- 21 miles from Glasgow.

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10%, minimum deposit £5,000

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£94,520

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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.