Tenanted Commercial LOT 131

36 Main Street, Kilwinning, KA13 6AQ
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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

39.39 Sq.M single fronted Retail Unit with tenant in place arranged over ground floor only within a popular terraced row of town centre buildings. Set among a mix of commercial and residential uses.

RENT AGREED: Tenant signed lease on 1st of May 2023 until 1st of May 2030. Let in personal name. Rent agreed at £78 per week (payable every Monday) - £4,056 per annum. Lease available on request.

Local Authority - North Ayrshire Council. Rental property is rarely available in this area as near to local school (Kilwinning Academy) and accordingly is in high demand with commercial tenant's.

Guide Price set to ensure offers. Great opportunity - Neighbouring properties all occupied - PARKING - LOW PRICE set FOR QUICK AUCTION SALE - Located in pedestrianised Main Street area of Kilwinning.

The A78 dual carriageway offers easy road access across Ayrshire with connections to Glasgow, whilst Kilwinning railway station, a 10 minute walk from the property offers daily services to Glasgow.

39.39 Sq.M (423.99 Sq.Ft). The subjects comprise a retail unit arranged over ground floor only within a popular terraced row of building located within the pedestrianised area of the main street --- Price set to ensure interest and SALE. North Ayrshire Town of Kilwinning - Kilwinning amenities include shopping, schooling at both primary and secondary levels and excellent public transport links. RENT AGREED: Tenant signed lease on 1st of May 2023 until 1st of May 2030. Let in personal name. Rent agreed at £78 per week (payable every Monday) - £4,056 per annum. Local Authority - North Ayrshire Council. Rental property is rarely available in this area as near to local school (Kilwinning Academy) and accordingly is in high demand with commercial operators. Kilwinning has mainline train links to Glasgow Central and Largs. Kilwinning Main Street is located a short walk from the Train Station (Ayr to Glasgow and Ayr to Largs lines) and is located on a major bus route covering all major South West Scotland locations.

The property is located in the town of Kilwinning, a rural town in the North Ayrshire council area. Kilwinning lies, approximately 21 miles southwest of Glasgow. It is within easy reach of Clyde Regional Park, the West Coast and Isle of Arran, and so popular with families. Irvine town is located very close by and is packed with amenities and services including beach and regional shopping centre with an array of nationally recognisable branded shops. The North Ayrshire town of Kilwinning is located approximately 21 miles to the south of Glasgow. The town is accessed via the A78 and A737 and the main Ayrshire railway lines. The subject property occupies the ground floor of a two storey sandstone terrace on the north side of Kilwinning high street. Nearby retailers include Co- op, Optical Express, Lloyds Pharmacy, Coral, RS McColl and Ladbrokes.

Full Address: 36 Main Street, Kilwinning, KA13 6AQ

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: May 2030
Rent: £4,056 per year / £338 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes: Tenant signed lease on 1st of May 2023 until 1st of May 2030. Let in personal name. Rent agreed at £78 per week (payable every Monday) - £4,056 per annum.

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Pricing Information & Bidding

Opening Bid: £29,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

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