NEW DEADLINE for OFFERS - Friday 14 August 2020 at 5pm - Submit Offer Now >>

Lot 40

7-11 Titchfield Street, Kilmarnock, KA1 1QW

Guide Price: £129,000

Tenanted Freehold Commercial Offer Now Available



Map & Location Pricing How to Bid Auction Details


Key Features:

PRIME TOWN CENTRE commercial unit within busy Kilmarnock town centre. Ready Let Investment. ***Currently let on F.R.I lease £14,000 Per Annum*** Unit extends to approx. 4,053 Sq.Ft.


  • Currently let on F.R.I lease to Hillhouse S.C.I.O at £14,000 Per Annum until 31st July 2024. Break option 1st August 2022.
  • PRICED FOR FAST AUCTION SALE *** Prominent location with heavy footfall/ passing trade. ***EXCELLENT INVESTMENT OPPORTUNITY***
  • Approx. Internal area - Ground Floor; 1,990 Sq.Ft. First Floor; 1,907 Sq.Ft. Second Floor; 156 Sq.Ft. Total; 4,053 Sq.Ft.
  • Nearby occupiers include William Hill, Subway, Barrhead Travel, TSB and The Money Shop. *** 100% PRIME UNIT in popular town centre location***


Ownership

Freehold

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

Tenanted

- Existing tenant in place with lease agreement to be assigned to the new purchaser at the time of completion.
Rateable Value

Search Council Records

- Click the above link to search the latest records for this postcode.

Tenancy Details:


Type of Agreement Full Repairing & Insuring (FRI)
Length until 31st July 2024
Rent £14,000 per year / £1,167 per month
Yield 10.9% (at guide price)
Tenant Company
Notes:

Full Details:

PRIME TOWN CENTRE commercial unit within busy Kilmarnock town centre. Ready Let Investment. ***Currently let on F.R.I lease £14,000 Per Annum. Large unit set over ground, first and second floor located in the heart of Kilmarnock on a busy thoroughfare of this historic Ayrshire market town. The upper floors can be accessed independently from street level via a staircase. Currently let on F.R.I lease to Hillhouse S.C.I.O at £14,000 Per Annum until 31st July 2024. Break option 1st August 2022. PRICED FOR FAST AUCTION SALE *** Prominent location with heavy footfall/ passing trade. ***EXCELLENT INVESTMENT OPPORTUNITY*** Approx. Internal area - Ground Floor; 1,990 Sq.Ft. First Floor; 1,907 Sq.Ft. Second Floor; 156 Sq.Ft. Total; 4,053 Sq.Ft. Nearby occupiers include William Hill, Subway, Barrhead Travel, TSB and The Money Shop. *** 100% PRIME UNIT in popular town centre location***

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Phone:

0141-632-6599

Email:

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Guide Price: £129,000 - Offer 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.

Offer 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:


Kilmarnock is the administrative centre and largest town of East Ayrshire. Occupiers in very close vicinity include William Hill, Subway, Barrhead Travel, TSB and The Money Shop. The East Ayrshire town of Kilmarnock is located approximately 22 miles south west of Glasgow, 13 miles north east of Ayr and 7 miles east of Irvine. The area is connected by the A71 and A77/M77 trunk roads. With a population of 50,000 persons, Kilmarnock is the second largest town within Ayrshire. The town benefits from excellent road, rail and bus communications to Glasgow city centre.

Viewings:


Internal Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. We advise all interested parties to follow social distancing rules for safety and to wear appropriate PPE when visiting properties.

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. We advise all interested parties to follow social distancing rules for safety and to wear appropriate PPE when visiting properties.

Auction Details:



  • Auction Date...

    14 August 2020, 5pm


  • Auction Location...

  • Deadline for Offers


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.