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Investment property - Commercial Unit
Kilmarnock, KA1 - Get Access
Description
We are excited to present this vacant commercial unit located within a prime location in Kilmarnock. The property comprises a well-designed internal layout with a basement providing ancillary space and toilets, while the ground floor features a spacious main floor area, an additional seating area, office space, a well-equipped kitchen, ample storage, toilets, and a dedicated staff area. This exceptional property is anticipated to achieve an impressive rental income of £25,000-£27,000 per annum, yielding approximately 24%-25% if secured at the guide price. This offers a remarkable investment opportunity for those interested in a high return, subject to tenancy and due diligence. Spanning 258.17 square metres, this commercial unit was formerly a vibrant restaurant. It presents a fantastic opportunity for owner-occupiers to establish their dream business or develop a new project. The space boasts contemporary design with immense potential for customisation. Situated in a bustling area with ample foot traffic, the unit benefits from excellent transport links and nearby amenities. It is a prime opportunity for shared investors to secure a commercial property in a location renowned for its thriving trade and is rated at a value of £15,300. The property is being offered at a fantastic discount to ensure a sale, and should appeal to anyone looking for a straightforward purchase with excellent upside potential. Kilmarnock is a vibrant town in East Ayrshire, known for its rich history and cultural heritage. It offers excellent transport links and local amenities, making it an attractive spot for both businesses and residents. The lively atmosphere and strong community make it an ideal place for commercial ventures.
Comparable sales
No comparables available.
Estimated market value
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Range:
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Medium confidence
Floor Area: 2,779 sq ft (Listing)
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