FOR SALE BY ONLINE AUCTION THURSDAY 1ST JUNE 2023. Opportunity to purchase this leasehold commercial property situated on a busy main road running through the town of Stevenston, Ayrshire. A superb turnkey investment opportunity with a current rental income of £4160 per annum. Giving a fantastic yield of 13.4% at guide price. ***
• *** Great investment opportunity *** Current rental income of £4160 per annum giving an attractive yield of 13.4% at guide price. ***
• Superb opportunity to purchase a long leasehold commercial unit in a busy main road location in Stevenston, Ayrshire.
• Situated on a busy street with various other commercial units including shops, takeaways and convenience stores. Boglemart Street is a busy main road running through Stevenston Town Centre and is an established commercial location within the town.
*** The nearest train station is a 22 minute walk away (1.1 miles) ***
*** The nearby town of Saltcoats is a 5 minute drive away (1.4 miles) ***
*** The nearby town of Ardrossan is an 8 minute drive away (2.6 miles) ***
Stevenston is a town in North Ayrshire. Along with Ardrossan and Saltcoats it is one of the "Three Towns", all of similar size, on the east coast of the Firth of Clyde.
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Please note, images were taken shortly before the tenant moved in.
Busy main road position
Current rental income of £4160 pa. Giving a fantastic yield of 13.4% at guide price
Great turnkey investment opportunity
* 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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