Tenanted Commercial LOT 5

44 King Street, Kilmarnock, KA1 1NP
BIDDING OPENS in...

Description

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

INCOME PRODUCING INVESTMENT*** Retail unit over ground and first floor in in EXCELLENT TRADING POSITION. Lease Expiry: 3rd December 2026 with Passing Rent: £16,000p.a. Town Centre Location 2,742sq ft

The property is held on an occupation licence expiring 3rd December 2026 at a passing rent of £16,000p.a. The tenant has a rolling option to determine giving the landlord not less than 2 months notice

The property extends to the following areas: Ground Floor: (212.00 m²) 2,284 ft² 1st Floor: (42.5 m²) 458 ft² Total: 2,742sq ft

Accommodation over ground and first floors. The unit is presented in excellent condition with tea prep and w.c. facilities at ground and first floors with rear loading area.

Situated on the west side of King Street within the pedestrianised section, with adjacent occupiers to include Card Factory, Boots the Chemist and The Salvation Army.

INCOME PRODUCING INVESTMENT*** Retail unit over ground and first floor in in EXCELLENT TRADING POSITION. Lease Expiry: 3rd December 2026 with Passing Rent: £16,000p.a. Town Centre Location 2,742sq ft The property is held on an occupation licence expiring 3rd December 2026 at a passing rent of £16,000p.a. The tenant has a rolling option to determine giving the landlord not less than 2 months notice The property extends to the following areas: Ground Floor: (212.00 m²) 2,284 ft² 1st Floor: (42.5 m²) 458 ft² Total: 2,742sq ft Accommodation over ground and first floors. The unit is presented in excellent condition with tea prep and w.c. facilities at ground and first floors with rear loading area. Situated on the west side of King Street within the pedestrianised section, with adjacent occupiers to include Card Factory, Boots the Chemist and The Salvation Army.

King Street is the main business and retail spine through Kilmarnock town centre, running roughly south from Kilmarnock Cross (the historic heart of town) toward Titchfield Street. It forms one of the principal thoroughfares linking shops, services, and civic space in the centre of Kilmarnock. Kilmarnock is the largest town in East Ayrshire and serves as its main shopping and service hub. The town is ideally located within Ayrshire with easy road access to Glasgow — about 22 miles away — and close to major transport links including the M77.

Full Address: 44 King Street, Kilmarnock, KA1 1NP

Show More

Map & Location

Map   Street View   Satellite

Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £16,000 per year / £1,333 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: The property is held on an occupation licence expiring 3rd December 2026 at a passing rent of £16,000p.a. The tenant has a rolling option to determine giving the landlord not less than 2 months notice.

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.

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £132,000

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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

View Live Online Auction

Offer Now... 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.

Submit Offer Now

SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • 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.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 08 January 2026, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue