Investment property in New Cumnock

This vacant commercial property is located within a prime location in New Cumnock. The property comprises a well-proportioned single-storey, mid-terrace commercial unit spanning 693 sqft. It offers a fantastic investment opportunity with the potential to achieve £5,500 per annum, boasting a remarkable 19% yield based on the guide price. A lease agreement is in place until 2027. Hot food consents have been granted under planning reference 21/0548/PP, providing fantastic scope to vastly increase the value of the property both in rental potential and capital value. The property qualifies for small business rates relief, maximising investment return. New Cumnock is a charming town with a rich history and excellent transport links, making it an attractive spot for businesses.