Newton Street, Kilbirnie, North Ayrshire, KA25
- PROPERTY TYPE
Pub
- SIZE
Ask agent
Key features
- Comercial Public House
- Two Storey
- Tenanted
- Lease: F.R.I until May 2034
- Rent: £16,000 PA rising to £18,000 PA
Description
Theis two storey property comprises a ground floor pub and a first floor flat as a fully let investment. Let on a 10 year contract, the property in under lease until May 2034 with the rent rising from £16,000 PA to £18,000 PA in May 2026. Returning at around a 17% yield this property is perfect for investment. With all things considered, this investment could look to have paid itself within the first six years if purchased at the attractive guide price. So if you are looking for a steady returning investment, this is the one for you!
Kilbirnie is situated in North Ayrshire within the Garnock Valley approx. 3.5miles West of Beith and 9 miles East of Largs and approximately 35mins drive from Glasgow. Neighbouring occupiers include Boots, New jasmine House and the Post Office along with a dense number of residential dwellings.
For further information please get in touch with Lewis and Adam in the Wilsons Auctions Property Department.
Newton Street, Kilbirnie, North Ayrshire, KA25
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Glengarnock Station1.1 miles
- Dalry Station3.4 miles
- Lochwinnoch Station3.5 miles
Notes
Disclaimer - Property reference WAD250050. 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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