FOR SALE BY ONLINE AUCTION WEDNESDAY 29TH JANUARY 2025 AT 9AM - ***GREAT OPPORTUNITY TO ACQUIRE A GROUND FLOOR SHOP UNIT ON THE AUCKINLECK MAIN STREET***HIGH ANNUAL YIELD (24% BASED ON GUIDE PRICE)***GOOD STRUCTURAL CONDITION***SUITABLE FOR CONVERSION INTO A FLAT(STP)***
***HIGH ANNUAL YIELD (BASED ON GUIDE PRICE OF £25K)***- The monthly rent is £500 a month (£6,000 A YEAR)
***SPACIOUS*** - Approximately 575 square feet of space and a in a good structural condition
***FLEXIBILITY OF USE*** - former therapy premises that can be suitable for conversion into an office space, and suitable for conversion into a flat
***ELECTRICITY AND GAS IN THE PREMISES***
***TOILET AND KITCHEN FACILITIES IN PLACE***
***RECENT NEARBY PROPERTY SALES***
- 38 Cairnscadden Road, Cumnock, Ayr, KA18 3BA SOLD £50k (Aug'24)
- 183a, Main St, Auchinleck, KA18 2BA, 2 bedroom, SOLD £36k (Jul'24)
- 219, Main St, Auchinleck, KA18 2BA, 1 bedroom, SOLD £34k (Jan'22)
***Auchinleck is a village 5 miles (8 km) southeast of Mauchline, and 2 miles (3 km) northwest of Cumnock in East Ayrshire, Scotland.***The population is around 3,600***Surrounding the village is Auchinleck Estate, centred on Auchinleck House, past home of the lawyer, diarist and biographer James Boswell, 9th Laird of Auchinleck.***Auchinleck has two primary schools, namely Auchinleck Primary School and St Patrick's Primary School. The town is also serviced by secondary school Robert Burns Academy***
GUIDE PRICE - £25,000
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GROUND FLOOR SHOP UNIT ON THE AUCKINLECK MAIN STREET
HIGH ANNUAL YIELD (24% BASED ON GUIDE PRICE)
GOOD STRUCTURAL CONDITION & SUITABLE FOR CONVERSION INTO A FLAT
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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