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Three-bedroom mixed-use commercial portfolio

Kilmarnock, KA1 - Get Access

3 bed 1 bath

Description

Mixed-use commercial portfolio comprising a ground-floor commercial unit with an upper-floor residential three-bedroom flat, offering a rental estimate of £16,000 per annum and strong potential yield. The ground floor retail space extends to approximately 1,200 sq ft and was previously occupied by a retail business, offering potential for various future uses, subject to the necessary consents, with a rental potential of approximately £8,000 per annum. The first-floor flat is currently vacant and presents a refurbishment opportunity, with a realistic rental potential around £675 per calendar month (£8,100 per annum) once fully renovated. This represents a low-cost addition to any investment portfolio with a good rental return in an extremely high-demand location. Hope Street is situated within Ayr town centre, offering convenient access to everyday amenities including shops, supermarkets, cafés, restaurants, banks, and local services. The nearby High Street and Ayr Central shopping centre provide further retail and leisure facilities, while the town's seafront and beach add to its appeal. Ayr railway station provides rail connections towards Glasgow, and the bus station offers local and regional services, with public parking facilities available within the town centre.