Investment property with high yield potential

Fantastic commercial premises located within a prime location in Girvan. The property was previously tenanted at £400pcm, which attracted an annual income of £4,800 per annum, returning an excellent 13% gross yield based on the guide price. Sure to appeal to shrewd commercial investors looking for rare commercial premises with high yield potential or affordable commercial space. The property benefits from a rateable value of £1,950 per annum and extends to approximately 64.68 sq m (696.21 sq ft). This is excellent as it is under the payable rate threshold, qualifying for small business rates relief. Comprising a large sales area complete with a kitchen, separate store area, and a bathroom. Situated on a busy street in Girvan near the waterfront, the premises benefits from a large passing footfall. Girvan, nestled along the stunning Ayrshire coastline in Scotland, offers an enticing blend of natural beauty, rich history, and economic potential. Its picturesque vistas of the Firth of Clyde and the iconic Ailsa Craig, coupled with a strong sense of community, make it an appealing place. With a history dating back to ancient times, Girvan boasts historic landmarks such as Turnberry Castle and the Girvan Old Stumpy Lighthouse. The town's diverse economy, supported by industries such as fishing, agriculture, and tourism, presents promising opportunities for investment. Residents and businesses enjoy a balanced lifestyle with tranquil surroundings, convenient urban amenities, and access to local services.