TIMED ONLINE AUCTION - 30 October 2020, 10am-4pm - View the auction and bid >>
Lot 44

6 Bentinck Street, 2 Flats and Commercial Yard, Kilmarnock, KA1 4AS

Opening Bid: £130,000

Tenanted Freehold Commercial Offer Now Available



Map & Directions Price & Bidding Offer Now Auction Details


Key Features:

*PRIME INVESTMENT OPPORTUNITY* Fully tenanted portfolio comprising of 2 flats and a car sales yard with sales office and storage in extremely prominent trading position within the popular town of Kilmarnock.


  • IMMEDIATE INCOME PRODUCING INVESTMENT. Total rental income of £951.50pcm (£11,418 per annum) with 3 settled long-term tenants. Potential for rent increases to over £13,000 per annum.
  • Portfolio comprises ground and first floor flats (whole building) in extremely well-maintained building and thriving car sales yard with brick built sales office and large wooden outbuilding. Fully tenanted by settled occupants.
  • EXCELLENT OPPORTUNITY FOR THE SAVVY INVESTOR with immediate rental income and settled long-terms tenants in place. Well-maintained lot priced for auction sale.
  • Popular mixed residential and commercial location close to town centre, supermarkets and major transport links. Only a short walk from Kilmarnock train station and bus stations. Sought after trading position.


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 buyer..
Rateable Value

Search Council Records

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

Tenancy Details:


Type of Agreement Short Assured Tenancy (SAT)
Length rolling
Rent £11,418 per year / £952 per month
Yield 6.6% (at guide price)
Tenant Private Individual
Notes: Ground floor flat- £325pcm Upper flat- £350pcm Car sales yard- £276.50pcm

Description:

*PRIME INVESTMENT OPPORTUNITY* Fully tenanted portfolio comprising of 2 flats and a car sales yard with sales office and storage in extremely prominent trading position within the popular town of Kilmarnock. IMMEDIATE INCOME PRODUCING INVESTMENT. Total rental income of £951.50pcm (£11,418 per annum) with 3 settled long-term tenants. Potential for rent increases to over £13,000 per annum. Portfolio comprises ground and first floor flats (whole building) in extremely well-maintained building and thriving car sales yard with brick built sales office and large wooden outbuilding. Fully tenanted by settled occupants. EXCELLENT OPPORTUNITY FOR THE SAVVY INVESTOR with immediate rental income and settled long-terms tenants in place. Well-maintained lot priced for auction sale. Popular mixed residential and commercial location close to town centre, supermarkets and major transport links. Only a short walk from Kilmarnock train station and bus stations. Sought after trading position.


Location:

Kilmarnock has a population of approx. 50,000 and is located within East Ayrshire approximately 22 miles south of Glasgow, 13 miles north of Ayr and 7 miles east of Irvine connected by the A71 and A77 to M77 trunk roads.


Map & Directions:



Further Info:


Enquiry Forms:
REQUEST MORE INFORMATION Request HOME REPORT Request LEGAL PACK

Phone:

0141-632-6599

Email:

info@future-auction.com


Pricing Info & Bidding:


Opening Bid = £130,000


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. You can view the latest Catalogue of entries on our website only once live.

Login   Create Account   View Catalogue

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

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

    30 October 2020, 10am-4pm


  • Auction Location

  • Timed Online Auction


How to Bid

Login   Create Account   Full Catalogue

View the Live Online Auction for this Property >>


Guide/Help with bidding...

View our ONLINE BIDDING GUIDE for a full guide to online auctions.