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Unit 1, 2 & 4 2 Low Glencairn Street, Kilmarnock, KA3 7HY

Guide Price

£135,000

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Guide Price

£135,000

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Commercial

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Unit 1, 2 & 4 2 Low Glencairn Street, Kilmarnock, KA3 7HY

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Tenanted Investment Opportunity

Description

  • PRIME NEW LISTING. We are excited to present 3 tenanted commercial units located within a prime location at Unit 1, 2 & 4, 2 Low Glencairn Street, Kilmarnock, KA3 2LU.
  • **Kilmarnock Town Centre Management Initiative, Low Glencairn Street, Kilmarnock KA1 4DG previously sold for £180,000. 93, Low Glencairn Street, Kilmarnock KA1 4HH previously sold for £68,000.**
  • For rental purposes, the individual units are each tenanted and together bring in a combined rental of £22,266.67 per annum, which could provide an exceptional gross yield if achieved for the guide price.
  • These units house long-standing and successful businesses, benefitting from a bustling street environment within Kilmarnock and ensures a steady and reliable tenant base.
  • Located in a prime location in Kilmarnock, these properties enjoy high footfall and are conveniently close to numerous local amenities, making them a desirable investment opportunity

PRIME NEW LISTING. We are excited to present this tenanted commercial units located within prime location in Unit 1, 2 & 4, 2 Low Glencairn Street, Kilmarnock, KA3 2LU.

The property comprises three large ground floor mixed-use commercial spaces, offering versatile and spacious interiors that cater to various business needs.

For rental purposes, the individual units are each tenanted and together bring in a combined rental income of £22,266.67 per annum, which could provide an exceptional gross yield if achieved for the guide price.

These units house long-standing and successful businesses, benefitting from a bustling street environment within Kilmarnock, ensuring a steady and reliable tenant base.

Sure to appeal to shrewd commercial investors looking for 3 tenanted units with massive potential to provide an excellent return on investment ** Internal photos of each unit are pending** The 3 units sit side-by-side but are being offered as one lot.

Located in a prime location in Kilmarnock, these properties enjoy high footfall and are conveniently close to numerous local amenities, making them a desirable investment opportunity.

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

Excellent sales evidence in the area:

**Kilmarnock Town Centre Management Initiative, Low Glencairn Street, Kilmarnock KA1 4DG sold for £180,000. 93, Low Glencairn Street, Kilmarnock KA1 4HH sold for £68,000.**

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, situated in East Ayrshire, Scotland, is known for its rich history and vibrant community. The town offers a variety of amenities, including shopping, dining, and cultural attractions, making it a dynamic place to invest and do business. Its strategic location allows easy access to major transport links and neighbouring cities.

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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)

£19,500

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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.