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Investment commercial premises
Prestwick, KA9 - Get Access
1 bed
1 bath
Description
This income-producing commercial property is located in a prime retail area on Main Street, Prestwick. The premises feature an excellent size front shop area, a back shop/storage area, a kitchen, and toilet facilities. Situated in the town centre's residential area, it is conveniently close to major supermarkets such as Aldi and Sainsbury's. Main Street is a key high-footfall thoroughfare and shopping area in Prestwick, featuring a mix of independent shops, boutiques, cafes, bars, restaurants, and services, alongside national names. The street connects easily with surrounding areas like Bank Street, Grangemuir Road, and Station Road, all within a short walk. Prestwick is located on the Ayrshire coast, between Ayr and the Firth of Clyde. The property is currently let on a rolling monthly tenancy under a basic lease agreement, generating a rental income of £14,000 per year, or £1,167 per month, reflecting an approximate yield of 15%. This represents a VAT-free purchase and an ideal addition to an investment portfolio.