Studio 3, 7 Bank Place, Kilmarnock, Ayrshire, KA1 1HJ

  • Unconditional Online Auction Sale
  • Guide Price* : £10,000

FOR SALE BY ONLINE AUCTION THURSDAY 30TH JUNE AT 9.00AM. Vacant attic suite available in centre of Kilmarnock. Estimated potential rental income in the region of £2,000 per annum, providing a yield of 20% at Guide Price. Potential for conversion to residential studio (STP). Circa 16.32sqm.

Description

FOR SALE BY ONLINE AUCTION THURSDAY 30TH JUNE AT 9.00AM. Vacant attic suite available in centre of Kilmarnock. Estimated potential rental income in the region of £2,000 per annum, providing a yield of 20% at Guide Price. Potential for conversion to residential studio (STP). Circa 16.32sqm.

Attic studio office in central Kilmarnock location on busy main street. Circa 16.32sqm in size.

• 50-54 Bank Street Sold £800k (June 16)*** 37 Bank Street Sold £245k*** 62 Bank Street Sold £120k*** Seldom available opportunity to acquire a high yielding freehold commercial property in this popular location***

• Kilmarnock is the main retail & administrative centre for East Ayrshire with a population of circa 44,000 people and a catchment of circa 150,000***

• This property is within the attractive & sought after conservation district in the popular town centre of Kilmarnock***Attractive potentially high yield of 20% at guide price***

Priced to sell at an incredible estimated yield of 20% at guide price*** Great auction property and ideal portfolio acquisition for private property investor***MUST BE SOLD AT AUCTION***

Kilmarnock is the main retail centre for East Ayrshire with a resident population of c. 44,000 persons with a wider catchment in excess of 150,000 persons. Kilmarnock is approximately 22 miles from Glasgow and is well serviced by transport links via the M77, rail connections and Glasgow and Prestwick airports within 30mins drive.*** This property is within walking distance to Kilmarnock train station & Ayrshire College***

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Key Feature 1

Attic Studio in Central Kilmarnock Location

Key Feature 2

Potential Estimated Rental Income of £2,000 per annum/Yield of 20% at Guide Price

Key Feature 3

Potential for Conversion to Residential Studio (STP)

* 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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Virtual Tour

Virtual Tour - 7 Bank Place, Kilmarnock

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