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Special Terms of Sale

• Buyers Fee (?) 2% of Sale Price (Minimum of £2500 +vat)

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Description

• Status: Available
• Type: Commercial

• Ownership: Freehold
• Occupation: Tenanted

• Rateable Value: Search

Town Centre Location Single Storey Unit Let To British Heart Foundation Space For Parking Opportunity For Lease Extension Passing Rent: £4,800p.a.

The single storey property is held on lease to British Heart Foundation as a drop off centre running on tacit at a passing rent of £4,800per annum.

Neighbouring occupiers include Italo, Kilmarnock Sheriff Court.

Kilmarnock is the main retail centre for East Ayrshire with a resident population of c. 44,000persons with a wider catchment in excess of 150,000persons.

The area extends to 850sq ft and benefits from rates exemption under the small business bonus scheme.

Kilmarnock is the main retail centre for East Ayrshire with a resident population of c. 44,000persons with a wider catchment in excess of 150,000persons. Kilmarnock is approx 22 miles from Glasgow and is well serviced by transport links via the M77, rail connections and Glasgow and Prestwick airports within 30mins. Neighbouring occupiers include Italo, Kilmarnock Sheriff Court. The single storey property is held on lease to British Heart Foundation as a drop off centre running on tacit at a passing rent of £4,800per annum. The area extends to 850sq ft and benefits from rates exemption under the small business bonus scheme. The property benefits from easy vehicle access with partitioned rooms offering staff facilities and w.c.

Full Address: 35 St Andrew St, British Heart Foundation, Kilmarnock, KA1 3EY

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: Tacit Renewal
Rent: £4,800 per year / £400 per month
Yield: 24% (approx)
Tenant: Company
Notes: The single storey property is held on lease to British Heart Foundation as a drop off centre running on tacit at a passing rent of £4,800per annum.

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Pricing Information & Bidding

Opening Bid: £20,000

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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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

• 10% Deposit
• Buyers Fee = 2% of Sale Price (Minimum £2,500 + vat)
• 4 Weeks Completion or Longer By Agreement
• Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 27 February 2025, 10am-3pm
Type: Timed Online Auction

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