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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

INCOME PRODUCING INVESTMENT*** Single storey Light Industrial / Warehouse / Showroom ***Currently let on a new 10 year F.R.I lease £15,000 Per Annum*** Unit extends to approx. 4,410 Sq.Ft. VAT FREE

The property comprises a single storey light industrial showroom/office/warehouse space surmounted by a pitched roof overlaid in profiled sheeting. Internal Area: 409.69sqm (4,410sq ft)

Internally the property has been partitioned to form several individual smaller offices, male, female and staff w.c. facilities along with larger open plan storage spaces.

Currently let on a new 10 year FRI Lease: GYM 24 Cumnock Limited Year 1 - 3 £15,000 per annum Year 3 - 5 £16,000 per annum Year 5 Onwards £17,500 per annum

IDEAL LOCATION Surrounding occupiers include Fosters Funeral Directors, U Save, Jet Petrol Station, Farmfoods, Halfords and a number of other local traders.

INCOME PRODUCING INVESTMENT*** Single storey Light Industrial / Warehouse / Showroom ***Currently let on a new 10 year F.R.I lease £15,000 Per Annum*** Unit extends to approx. 4,410 Sq.Ft. VAT FREE The property comprises a single storey light industrial showroom/office/warehouse space surmounted by a pitched roof overlaid in profiled sheeting. Internal Area: 409.69sqm (4,410sq ft) Internally the property has been partitioned to form several individual smaller offices, male, female and staff w.c. facilities along with larger open plan storage spaces. Currently let on a new 10 year FRI Lease: GYM 24 Cumnock Limited Year 1 - 3 £15,000 per annum Year 3 - 5 £16,000 per annum Year 5 Onwards £17,500 per annum IDEAL LOCATION Surrounding occupiers include Fosters Funeral Directors, U Save, Jet Petrol Station, Farmfoods, Halfords and a number of other local traders.

Positioned on Glaisnock Street, in the heart of Cumnock, East Ayrshire — a well-established industrial and commercial zone. Glaisnock Street is a main thoroughfare and the unit is located near its junction with Wylie Crescent, giving visibility and access. Excellent connectivity: close to the A70/A76 road links, easy access to nearby towns Ayr, Kilmarnock, and Glasgow. Great for logistics and supply routes.

Full Address: 105 Glaisnock Street, Turnkey Let Commercial Investment , Cumnock, KA18 1JP

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 10 Years
Rent: £15,000 per year / £1,250 per month
Yield: 15% (approx)
Tenant: Private Individual
Notes: GYM 24 Cumnock Limited Year 1 - 3 £15,000 per annum Year 3 - 5 £16,000 per annum Year 5 Onwards £17,500 per annum

Document Downloads

  Legal Docs (Pending)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Pricing Information & Bidding

Opening Bid: £102,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 16 October 2025, 10am-3pm
Type: Timed Online Auction

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