FOR SALE BY ONLINE AUCTION THURSDAY 25TH AUGUST AT 9.00AM. Vacant attic suite available in centre of Kilmarnock. Estimated potential rental income in the region of £3,000 per annum, providing an incredible yield of 30% 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 30% at guide price***
Priced to sell at an incredible estimated yield of 27% 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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Attic Studio in Central Kilmarnock Location
Potential Estimated Rental Income of £3,000 per annum/Yield of 30% at Guide Price
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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