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Description
***Supersized FREEHOLD commercial / residential portfolio. Former public house, nightclub, and 4 bedroom flat***
***Former public bar accessed from street, bar / lounge areas, cellar, store, toilets. Fantastic potential for conversion into residential property***
***First floor and attic flat. Entered via rear staircase with separate entrance. First floor has kitchen, lounge, shower room and 2 bedrooms. Attic has 2 bedrooms***
***Former nightclub to the rear can be accessed via separate entrance to rear of pub or from Barrmill Road. Vast open plan space with massive potential for alternative uses***
***Potential to split title renovate and resell with large potential uplift from sale of 3 separate assets*** Fantastic development opportunity to renovate and resell or hold for solid rental yield***
***Substantial commercial and residential mixed use property. The sale comprises a good sized, ground floor former public house in decent condition with a separate flat above occupying the first and second floors. The flat comprises, lounge, kitchen, shower room and 4 bedrooms. Internal upgrading is required to the flat throughout. In addition there is a large commercial unit to the rear which was formerly used as a nightclub. This has 2 entrances and can be accessed directly from the rear in Barrmill Road. This has massive potential for development or commercial letting. The pub, nightclub and flat are all on a single title. Buyers may wish to split these into seprarate titles and resell with substantial financial uplift. ***Supersized FREEHOLD commercial / residential portfolio. Former public house, nightclub, and 4 bedroom flat*** ***Former public bar accessed from street, bar / lounge areas, cellar, store, toilets. Fantastic potential for conversion into residential property*** ***First floor and attic flat. Entered via rear staircase with separate entrance. First floor has kitchen, lounge, shower room and 2 bedrooms. Attic has 2 bedrooms*** ***Former nightclub to the rear can be accessed via separate entrance to rear of pub or from Barrmill Road. Vast open plan space with massive potential for alternative uses*** ***Potential to split title renovate and resell with large potential uplift from sale of 3 separate assets*** Fantastic development opportunity to renovate and re sell or hold for solid rental yield***
Maps & Location
Map Street View SatelliteGalston is the largest settlement in the Irvine Valley area with a population of around 5,000 and is situated approximately 6 miles east of Kilmarnock. Galston has a range of local services and facilities including excellent public transport links. Neighbouring occupiers include Lesley Dobbie optometrists, Ladbrokes, Marmaris Take Away and the Bucks Head Tavern. Galston is a town in the heart of Ayrshire highly steeped in history with links to both Robert the Bruce & William Wallace. Central and convenient with Kilmarnock 15 minutes, Ayr 25 minutes and Glasgow only 35 minutes
Document Downloads
Pricing Information & Bidding
Opening Bid: £60,000
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
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General Terms & Conditions of Sale
Lot Specific Terms - 5-7Polwarth Street, Galston