75 And 76 Main Street, Kirkconnel, DG4 6NB
- PROPERTY TYPE
Leisure Facility
- SIZE
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Description
- PRIME NEW LISTING. We are excited to present this fantastic commercial investment opportunity. *PRIME COMMERCIAL OPPORTUNITY*
- ***Thistledo, Kirkconnel, Sanquhar, Dumfriesshire DG4 6LY sold for £282,000. Queensberry Arms Hotel 71-72, Main Street, Kirkconnel, Sanquhar, Dumfries DG4 6NB sold for £225,000***
- Sure to appeal to shrewd investors looking for a mixed use property. Excellent yield potential of 11.4% if achieved for guide price *HIGH YIELD*
- This is the perfect opportunity for an owner/occupier looking for somewhere to own and run a business and find a new place to live to move their family.
- The property is situated near Kirkconnel's main street benefitting from high footfall and nearby residential properties *PRIME LOCATION*
PRIME NEW LISTING. We are excited to present this fantastic mixed use investment opportunity. *PRIME COMMERCIAL OPPORTUNITY*
The property is considered a fully commercial property which was previously operating as Kirkconnel's very popular fish and chip shop. Even though it is classified as fully commercial property it comes with a four bedroom flat included in the deal. This means there are so many possibilities about what you could do with the property.
Property currently comprises:
Ground Floor Commercial Unit: Fully equipped fast food takeaway including fryers, storage space and a garage. *WALK-IN CONDITION*
First Floor: Flat with 4 bedrooms, kitchen dining area, bathroom, spacious living room and plenty of storage without.
This is the perfect opportunity for an owner/occupier looking for somewhere to own and run a business and find a new place to live to move their family.
For rental purposes if the flat was rented out it could achieve £825 per calendar month or £9,900 per annum. If the takeaway was rented out it could achieve £550 per calendar month or £6,600 per annum. This is a combined rental of £1,375 per calendar month or £16,500 per annum. This would produce a a 11.4% yield if achieved for the guide price *FANTASTIC YIELD*
The property has a variety of uses and could be used for a variety of different property strategies.
There is the potential to purchase the property then conduct a title split. With the appropriate planning the flat could be converted into residential and then sold itself for around £140,000 based on local sales evidence.
The property is situated near Kirkconnel's main street benefitting from high footfall and nearby residential properties *PRIME LOCATION*
Sure to appeal to shrewd buy to let investors looking for a fantastic commercial and residential investment opportunity with high yield potential.
Sales comparables:
***Thistledo, Kirkconnel, Sanquhar, Dumfriesshire DG4 6LY sold for £282,000. Queensberry Arms Hotel 71-72, Main Street, Kirkconnel, Sanquhar, Dumfries DG4 6NB sold for £225,000***
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Kirkconnel is a village located in the Dumfries and Galloway region of Scotland, nestled in the picturesque Southern Uplands. Historically, it was an important settlement due to its position along key transport routes, particularly the railway, which has since contributed to its charm and rural character. The village is known for its stunning natural surroundings, offering scenic views of hills and farmland. Nearby, the famous Auchencairn and the River Nith flow through the area, adding to the beauty of the region. Kirkconnel is rich in history, with a connection to local industries like coal mining in the past, though today it remains a peaceful and quiet place to live, with a close-knit community.
75 And 76 Main Street, Kirkconnel, DG4 6NB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kirkconnel Station0.3 miles
- Sanquhar Station3.5 miles
About Prime Property Auctions (Scotland) Ltd, Glasgow
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Notes
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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 Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*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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