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Lot 126

Guide Price: £119,000 - Bid Now

88-90 Brown Street, Newmilns, Ayrshire, KA16 9AA


GO TO...  Map  Open Viewings  Auction Details   How To Bid

Key Features:

Commercial Premises (49,693 sq ft) of multiple interlinking industrial buildings ** Superb investment - Development of Flats ** Other similar buildings locally have been restored for various purposes and look excellent. A residential site further down the road was recently granted planning approval for 39 Flats


  • Opportunity to generate £60,000 per month as storage facility or £40,000 per annum rental value. Ideal for multitude of development opportunities. Full vacant possession available and the purchase price is not subject to VAT payment. Freehold Sale
  • Requires refurbishment throughout with ample re-development potential (subject to planning and relevant consents). Excellent opportunity to purchase a large commercial premises with full freehold ownership
  • Newmilns, is set in the Irvine Valley, East Ayrshire and this wonderful building sits solidly by the river Irvine. Newmilns, is only 7 miles east of Kilmarnock on the A71, 19 miles north of Ayr and 24 miles south of Glasgow, therefore it is a reasonable commute address for these areas
  • Brown Street in Newmilns is in Scotland. The postcode is within the Irvine Valley ward/electoral division, which is in the UK Parliamentary Constituency of Kilmarnock and Loudoun. The Scottish Parliament constituency is Kilmarnock and Irvine Valley


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.
Rateable Value

Search Council Records

- Click the above link to search the latest records for this post code. The Scottish Assessors Portal provides Council Tax and Rates for all properties in Scotland.


Full Details:

A superb investment opportunity to be the owner of one of the world’s last traditional Scottish lace mills. This beautiful Victorian building was built circa 1886 to be occupied as a Lace Mill. 88-90 Brown Street, Newmilns, is a generous 49,693 square feet with substantial additional land adjacent to 88 Brown Street. The property is a complex of interconnected buildings set over 3 levels (Ground, First and Second) with several staircases, making it ideal for splitting into smaller units. 88-90 Brown Street is a traditional Victorian brick built building, with cast iron pillar and wood beam construction, with a pitch pine floor and slate roof

Guide Price: £119,000 - Bid Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

Bid Now Explained...

You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Map & Location:


Newmilns, is set in the Irvine Valley, East Ayrshire and this wonderful building sits solidly by the river Irvine. Newmilns, is only 7 miles east of Kilmarnock on the A71, 19 miles north of Ayr and 24 miles south of Glasgow, therefore it is a reasonable commute address for these areas

Viewings:


Open Viewings Scheduled...


  • Friday, December 14, 2018  :  9.45am -> 10.00am


Internal Open Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime...


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Auction Details:



  • Auction Date...

    04 February 2019


  • Start Time...

    7.30pm


  • Auction Location...

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions...

Glasgow Radisson | Edinburgh Marriott


Registration...

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs...

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits...

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method...

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.

How To Bid:


Offer Now...

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person...

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live...

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy... (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form