High Street, Irvine, North Ayrshire, KA12
- PROPERTY TYPE
Pub
- SIZE
Ask agent
Key features
- Three Storey Public House
- Two residential Flats
- Rent: £27,000 PA
- High Street Location
- Lease until 2033
Description
This property is a three storey public house located on the east side of the Irvine High Street. The full building is held on an F.R.I Lease which is set to expire in January 2033 with the property currently achieving £27,000 per annum and it rising to £33,000 by January 2030. Additionally, the property has been extended at the rear to occupy two further apartments to let.
This portfolio acts as a great investment with its high rental returns. If purchased at its attractive guide price of £205,000, you would be looking at an outstanding yield of 13.2%.
Located in a prominent position of Irvine town centre, with a high footfall and passing trade. Irvine is the principle town in North Ayrshire with a population of over 34,000 and catchment of 135,000 people. The town lies at the convergence of the A78, A737, A767 and A71 roads, providing access to Greenock, Ayr, Kilmarnock and Glasgow. Neighbouring occupiers include Browning’s Bakers, Nationwide Building Society, North Ayrshire Council offices and Rivergate Shopping Centre.
For further information please contact The Wilsons Auctions Property Department.
High Street, Irvine, North Ayrshire, KA12
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Irvine Station0.5 miles
- Kilwinning Station3.2 miles
- Stevenston Station3.5 miles
Notes
Disclaimer - Property reference WAD250048. 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.”
Map data ©OpenStreetMap contributors.