16 Portland Street, Kilmarnock, KA1 1HZ

Description
The subjects comprise a substantial ground and first floor corner commercial development surmounted by a pitched roof. Benefitting from a return frontage, the property offers display frontage onto Portland Street and Croft Street.

The property is accessed via twin glazed doors. Internally, there is a large open plan retail space with partitions erected to form storage space, a small kitchenette and staff welfare facilities to the rear. The floor throughout is covered in commercial laminate. The first floor level is accessed via a separate entrance on Portland Street.

Location
Kilmarnock is situated in East Ayrshire and serves as the main administrative centre of the Council. The town sits approximately 23 miles south west of Glasgow, 15 miles north east of Ayr and can be accessed by the main arterial route of the M77 motorway.

The corner property is located on the west side of pedestrianised Portland Street, within Portland Gate, a main retail thoroughfare in Kilmarnock town centre. Burns Shopping Mall takes less than 1 minute to reach. Good public transport links are available close by with frequent bus services operating from Kilmarnock ring road (A735). Kilmarnock train station takes around 4 minutes’ walk via John Finnie Street. Surrounding occupiers include Holland & Barrett, Costa Coffee and William Hill.

Lease Terms
The subjects are available to lease on a full repairing and insuring basis, for a term to be agreed, at a rent of £24,500 per annum. Full quoting terms are available upon request.

Price
Offers in the region of £225,000 are invited for our clients’ heritable interest (Scottish equivalent to English Freehold) in the subjects with vacant possession.

Rateable Value
The subjects have Rateable Values of;
14a Portland Street - £26,400
16 Portland Street - £34,700

EPC
The property has an energy rating of “G (174)”. A copy of the Energy Performance Certificate (EPC) is available upon request.

VAT
The subjects are not elected for VAT, therefore, VAT is not payable on the rent.

What3words
asleep.invoices.packing