Retail premises for sale in 47 Titchfield Street, Kilmarnock, East Ayrshire KA1

For sale by online auction Thursday 25th September 2024 at 9.00AM ***great opportunity***to acquire A ground floor commercial unit***rented for £6500 per annum (11.8% annual yield)***10 year lease***deposit paid of £1,625***

***The unit is on the ground floor of a three-story traditional building. There are offices on the upper floors***

***The shop has a good frontage on Titchfield Street with large display windows. The door is recessed, and the internal layout is L-shaped, which lends itself to many uses***

***Premises size 43.7 sqm / 471 sq ft***

***Rent review year 5***

Nearby Sales include:

- 61 Titchfield Street - sold for £72, Titchfield Street - sold for £58,000 (Apr 23)
- 27 Titchfield Street - sold for £68,000 (May 22)
- 1 Titchfield Street - sold for £80,200 (Mar 22)
- 25 Titchfield Street - sold for £110,000 (Jul 20)

Kilmarnock is the administrative district for East Ayrshire and is one of Scotland's most populated districts. The town is well serviced with primary, secondary & further education facilities. Transport links are fantastic with Train Station & The upgraded 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.

Guide price - £55,000

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All prices quoted are exclusive of VAT.