65 Titchfield Street, Kilmarnock, Ayrshire, KA1 1QS
£57.65 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
954 sq ft
89 sq m
- SECTOR
High street retail property for sale
Key features
- ***HIGH YIELDING RETAIL INVESTMENT***
- ***PROMINENT TOWN CENTRE LOCATION***
- ***LET ON A LEASE PRODUCING £7,500 PER ANNUM***Guide Price Reflects 13.6% Gross Yield***
Description
- READY MADE MONEY MAKING OPPORTUNITY - The property comprises a prominent retail unit occupied by a long-standing local business. Let on a lease expiring October 2025 and producing £7,500 per annum (Guide Price Reflects 13.6% Gross Yield)***The property provides 954 sq ft of accommodation over ground floor***
- PRIME LOCATION! - The property occupies a prominent position on Titchfield Street, the principal secondary retail offering in Kilmarnock which leads directly to the principal retail amenity of King Street.
Nearby Property Sales include:
- 63 Titchfield Street Sold £75,000 (Jul'23)
- 61 Titchfield Street Sold £72,500 (2023)
- 49 Titchfield Street Sold £65,000 (Sep'23)
- 104 Titchfield Street - sold for £58,000 (Apr 23)
***The lease on the property expires on the October 2025***
***No VAT***
***Kilmarnock was ranked in the top 10 places to live in Scotland***
***Kilmarnock is situated in East Ayrshire and serves as the main administrative centre of the Council. The town sits approximately 23 miles south west of Glasgow, 15 miles north east of Ayr and can be accessed by the main arterial route of the M77 motorway linking both Glasgow City Centre & Prestwick International Airport with the local areas making Kilmarnock a popular commuter district***
***The town has a population of roughly 46,770 with a strong tenant base. With the nearby Kilmarnock campus of Ayrshire College and the University of the West of Scotland in the neighbouring town of Ayr, there will be plenty of students looking for accommodation.***
***The town's heritage is proudly displayed in landmarks such as the majestic Dean Castle, while the local cultural scene is rich, offering experiences that rival those of larger cities. The town is also graced with verdant spaces like Kay Park, which provide idyllic settings for leisure and family activities. For those seeking a location with charm, a strong sense of community, and a vibrant spirit, Kilmarnock is an excellent choice.***
GUIDE PRICE - £55,000
To view legal documents relating to this property please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
Brochures
65 Titchfield Street, Kilmarnock, Ayrshire, KA1 1QS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kilmarnock Station0.4 miles
- Kilmaurs Station2.5 miles
Notes
Disclaimer - Property reference 290910. 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 Online Property Auction Group, Glasgow. 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 Online Property Auction Group, Glasgow on 01409 335799.
*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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