Non quoting
Office for sale43 John Finnie Street, Kilmarnock KA1
4,078 sq. ft
Freehold
About this property
Combined rental of £27,000 per annum
Fully-let investment
Town centre location
The subjects comprise a two storey building of stone and brick construction roughcast rendered externally beneath a pitched roof clad in profile metal sheeting. The building is back lying and is accessed via a shared pend access from John Finnie Street. Internally the office accommodation has been sub-divided and comprises 43A, 43B and 43C John Finnie Street, Kilmarnock.
43A is occupied by Barnardo's on a 3-year lease from 18 November 2019 with annual break options on an Internal Repairing and Insuring basis at a rental of £8,000 per annum, payable quarterly in advance.
43B and 43C are occupied by Action For Children Charity. The original lease commenced on 1 May 2012 for a period of 5 years on an Internal Repairing and Insuring basis and currently continues under tacit relocation on a year-to-year basis. The current passing rent is £19,000 per annum, payable monthly in advance.
43A is occupied by Barnardo's on a 3-year lease from 18 November 2019 with annual break options on an Internal Repairing and Insuring basis at a rental of £8,000 per annum, payable quarterly in advance.
43B and 43C are occupied by Action For Children Charity. The original lease commenced on 1 May 2012 for a period of 5 years on an Internal Repairing and Insuring basis and currently continues under tacit relocation on a year-to-year basis. The current passing rent is £19,000 per annum, payable monthly in advance.
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