Tenanted Commercial LOT 15

2 New Mill Road, Kilmarnock, KA1 3JF
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Description

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

***PRIME INVESTMENT*** Tenanted Standalone industrial investment Let to a well-established garage and MOT centre in Kilmarnock town centre . Let on a FRI lease producing £18,500 per annum

The property is let on a FRI lease running on tacit (Expiry 03rd April 2026) with a passing rent of £18,500 per annum. Long standing tenant in occupation since 2016

Compromises a stand alone light industrial unit with vehicle and pedestrian entrance doors. Internally the property offers an open plan car servicing station with partitioned office and WC facilities.

The area has been calculated to extend to the following net areas: 430.31sqm (4,632sq ft)

New Mill Road offers a practical and accessible setting best suited to trade, showroom, automotive, or destination-style businesses that can take advantage of its strong road presence and connectivity

***PRIME INVESTMENT*** Tenanted Standalone industrial investment Let to a well-established garage and MOT centre in Kilmarnock town centre . Let on a FRI lease producing £18,500 per annum The property is let on a FRI lease running on tacit (Expiry 03rd April 2026) with a passing rent of £18,500 per annum. Long standing tenant in occupation since 2016 Compromises a stand alone light industrial unit with vehicle and pedestrian entrance doors. Internally the property offers an open plan car servicing station with partitioned office and WC facilities. The area has been calculated to extend to the following net areas: 430.31sqm (4,632sq ft) New Mill Road offers a practical and accessible setting best suited to trade, showroom, automotive, or destination-style businesses that can take advantage of its strong road presence and connectivity

New Mill Road in Kilmarnock is a well-established commercial location positioned just to the south-east of the town centre, forming part of a busy industrial and retail corridor rather than a traditional high street. The area is characterised by a mix of trade counters, car dealerships, warehousing, and large-format retail, making it a destination where customers typically travel by car rather than on foot. As a result, while pedestrian footfall is relatively low, the road benefits from strong passing vehicle traffic, particularly due to its proximity to the A735 (Queens Drive), a key arterial route through the town. This makes it especially well suited to businesses that rely on visibility, accessibility, and a wider catchment rather than casual walk-in trade. Transport links are a major advantage, with easy access to the M77 motorway connecting to Glasgow and Ayr, nearby bus routes, and Kilmarnock railway station located a short distance away. The location is further strengthened by its closeness to established retail destinations such as Queens Drive Retail Park, which draws regular visitors to the area, along with surrounding residential neighbourhoods that provide a local customer base.

Full Address: 2 New Mill Road, Kilmarnock, KA1 3JF

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: Tacit
Rent: £18,500 per year / £1,542 per month
Yield: 8% (approx)
Tenant: Private Individual
Notes: FRI lease running on tacit (Expiry 03rd April 2026) with a passing rent of £18,500 per annum. Long standing tenant in occupation since 2016

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Pricing Information & Bidding

Opening Bid: £234,000

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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

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Auction Details

Date & Time: 07 May 2026, 10am-3pm
Type: Timed Online Auction

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