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King Street, Kilmarnock, East Ayrshire, KA1

Guide Price
£120,000
Wilsons Auctions Ltd, Covering Scotland
PROPERTY TYPE

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Key features

  • Commercial Premise
  • High Street Location
  • 4,298 SqFt
  • Estimated rent - £25,000 PA
  • Kilmarnock, East Ayrshire

Description

Rarely available town centre premise for lucrative price

This rarely available high street commercial premise is a great opportunity for any investor looking to expand or start up their commercial portfolio. Spanning across five floors this property has amazing high street presence and with huge businesses such as Marks & spencer’s, boots and JD sport all occupying neighbouring premises, this property would be perfect for a market leader looking to move into Kilmarnock town centre.

Spanning across 4,298 SqFt, this property could even be quartered to help generate more rental income. As the premise stands currently, it could achieve in the region of £25,000 per annum meaning if purchased at the lucrative guide price of £120,000, you would be looking at an outstanding 20.8% making this a no brainer for any commercial investor.

Internal area breakdown:
Basement – 967 SqFt
Ground – 1143 SqFt
First Floor – 907 SqFt
Second Floor – 705 SqFt
Third Floor – 576 SqFt

For any further enquiries, please contact the Wilsons Auctions Property Department.


King Street, Kilmarnock, East Ayrshire, KA1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kilmarnock Station0.2 miles
  • Kilmaurs Station2.3 miles
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About Wilsons Auctions Ltd, Covering Scotland

6 Kilwinning Road, Dalry, KA24 4LG
Wilsons Auctions 

Wilsons Auctions is the largest independent company in the UK and Ireland, with 19 sites allowing us to have truly nationwide coverage.

Our tailored service includes the whole process from start to finish, featuring:

· Regional experts offer a personal service with local expertise.

· Nationwide coverage including Wilsons Auctions website (38 Million visits per annum) Rightmove, Zoopla & Boomin

· Marketing package including social media content (150,000+ followers), email mailshots, high-res pictures and brochures

· Tailored recommendations for pricing and strategy using flexible auction methods to achieve best price and result for client.

· Transparent sale process with public bids in live auction, resulting in best price achieved.

· Legally binding, non-conditional sale secured with non-refundable deposit and settlement within 28 days.

· Competitive fees with all services, viewings and facilities included.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference WAD250042. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Wilsons Auctions Ltd, Covering Scotland. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Wilsons Auctions Ltd, Covering Scotland on 01294 442175.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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