£115,000
(£244.16/sq. ft)
Retail premises for saleTitchfield Street, Kilmarnock KA1
From 471 - 954 sq. ft
About this property
Key Features:
• Tenure; Heritable interest (Freehold)
• Size - No.47: 43.7 sqm / 471 sq ft No.65: 88.6 sqm / 954 sq ft
• No 47 let at £6,500 & No. 65 let at £7,500 = totalling £14,000
• £115,000 = 12.17% giy
• No Vat
Description:
We are happy to bring to market these two commercial units offered as a heritable interest (Scottish equivalent of a freehold). The units are tenanted paying a of £14,000 p.a. The tenants are good tenants who are invested in the properties. The units are on the ground floor of a three-story traditional building. There are offices on the upper floors.
No 47 – trading as Kilmarnock Nail & Spa on a 10 year lease until 2034 with a break in May 2027 and 5 yearly rent reviews.
No 65 – Trading as an antique/pawn shop on a 5 year lease from October 2020.
The shops have good frontage on Titchfield Street with large display windows.
Location:
Kilmarnock lies southwest of Glasgow. It serves as the administrative centre for East Ayrshire and is the region’s main commercial and industrial centre.
The property itself is in the Kilmarnock town centre with high traffic at most times. Kilmarnock Station is a 15 minute walk away.
Occupiers close by include Home Bargains, McDonalds and the British Heart Foundation shop amongst a variety of local operators and eateries.
Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.
• Tenure; Heritable interest (Freehold)
• Size - No.47: 43.7 sqm / 471 sq ft No.65: 88.6 sqm / 954 sq ft
• No 47 let at £6,500 & No. 65 let at £7,500 = totalling £14,000
• £115,000 = 12.17% giy
• No Vat
Description:
We are happy to bring to market these two commercial units offered as a heritable interest (Scottish equivalent of a freehold). The units are tenanted paying a of £14,000 p.a. The tenants are good tenants who are invested in the properties. The units are on the ground floor of a three-story traditional building. There are offices on the upper floors.
No 47 – trading as Kilmarnock Nail & Spa on a 10 year lease until 2034 with a break in May 2027 and 5 yearly rent reviews.
No 65 – Trading as an antique/pawn shop on a 5 year lease from October 2020.
The shops have good frontage on Titchfield Street with large display windows.
Location:
Kilmarnock lies southwest of Glasgow. It serves as the administrative centre for East Ayrshire and is the region’s main commercial and industrial centre.
The property itself is in the Kilmarnock town centre with high traffic at most times. Kilmarnock Station is a 15 minute walk away.
Occupiers close by include Home Bargains, McDonalds and the British Heart Foundation shop amongst a variety of local operators and eateries.
Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.
.png){kind=logo}