1,3,3A The Cross, Mauchline, KA5
- PROPERTY TYPE
Commercial Property
- BEDROOMS
1
- SIZE
Ask agent
Key features
- PORTFOLIO
- MIX COMMERCIAL/RESIDENTIAL
- FULLY OPERATING AND SUCCESSFUL CAFE
- TENANTED FLAT NO ARREARS
- FULLY FUNCTIONING POTTERY STUDIO
- SETTLED TENANTS
- SHOPS & FLATS
- NO ADS ON COMMERCIAL
- GREAT INVESTMENT OPPORTUNITY
- WILL ATTRACT A WIDE RANGE OF INVESTORS
Description
Smart Sales & Investments are delighted to present this rare commercial & residential mix portfolio, consisting of 1 flat and 2 shops in a desirable area of Mauchline. This is a fantastic and highly sought after investment opportunity, and will be a great addition to the professional investor's portfolio.
The Investment consists of 1 flat & 2 Shops
Flat 1
- 1 Bedroom Flat
- Current Rent: £400PCM
- Not been increased in the last 12 months
- Can be increased to market rent from April 1st.
Shop 1
- Coffee Shop
- Current Rent: £600PCM
- Operating since 2022
- No rent increase in the last 12 months
Shop 2
- Pottery Studio
- Current Rent: £550PCM
- operating since February 2024
- No rent increase in the last 12 months
Investment Highlights:
Projected Annual Income: £18,600 (£1,550PCM) with scope to increase.
Impressive Yield: 12.4%, significantly higher the average portfolio sale.
Tenanted Investment: Immediate income from day one with settled tenants in place.
No ADS: No need to pay ADS tax on commercial.
Smart Sales & Investments are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium will apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.
1,3,3A The Cross, Mauchline, KA5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Auchinleck Station4.6 miles
Notes
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