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Land for sale

Simonsburn Road, Kilmarnock, Ayrshire, KA1

Under Offer £85,000
0.73 ac.

Property Description

Commercial information

  • 0.73 acres (0.3 hectares)
  • Use class orders: B2 General Industrial

Full description

Tenure: Freehold

Loreny Industrial Estate is located to the south of Kilmarnock Town Centre, just off Ayr Road and close to the main A71 and M77 road routes. Simonsburn Road is the spine road within the Loreny Industrial Estate and the site is located towards the rear of the estate amongst a number of workshop units.

Kilmarnock is the principal town within East Ayrshire region located 24 from Glasgow and 15 miles from Ayr. The town has a population of over 45,000 persons and is well connected to road networks. Kilmarnock has a mainline railway station with regular services to Glasgow and Dumfries.

The subjects comprise an industrial yard of irregular shape, which has private access on to Simonsburn Road. The site is secure with a mostly modern fence boundary. The site itself is mostly level and surfaced in hardcore.

There is a mobile telephone mast adjacent to the site for access to which our clients receive annual income.

From Ordinance Survey mapping systems we calculate the site to extend to 0.30 hectares (0.73 acres), or thereby.

From the Scottish Assessors website we note the property to have a Rateable Value in the sum of 6,500 and may qualify for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.

The site received income at present relating to a telecommunications mast with a lease to Hutchison 3G Ltd and EE Limited at a current rent of 4,450 per annum. The lease expires 31 December 2021 with five yearly RPI linked rent reviews. A copy of the lease can be provided upon request.

Offers over 85,000 are invited for our clients heritable interest.

Each party to bear responsibility for their own legal costs incurred with any incoming tenant responsible for any LBTT, or registration dues incurred.

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