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Description

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

Corner position upper commercial building with potential for residential conversion. Traditional sandstone buiulidng with open aspects onto Glaisnock Street. Features gas heating with combi boiler.

Residential house prices in Glaisnock Street have an overall average of £135,500 over the last year. The property is located in an established area within reasonable access of amenities

At the time of inspection the property was found to be in a condition generally consistent with its age and type of construction but some works of maintenance and repair are required.

Connected to mains supplies of gas, electricity and water. Cumnock is a vibrant town in East Ayrshire, Scotland, offering a blend of charm and modern conveniences.

Excellent refurbishment opportunity - May suit a variety of community, leisure or alternative uses, subject to necessary consents. Peaceful countryside setting within the centre of Cumnock. Freehold.

Freehold commercial building in the Heart of Cumnock town centre. Nestled in a rarely available location, this property is certain to attract developers or new businesses eager for investment in sought after locations. Cumnock enjoys a reasonable range of services and facilities with several national and multiple retailers represented within the town centre’s retailing area. The area is well served by public transport, with the closest railway station being in Auchinleck. Positioned on Glaisnock Street, in the heart of Cumnock, East Ayrshire (established industrial and commercial zone). Glaisnock Street is a main thoroughfare and the unit is located near its junction with Townhead Street giving visibility and access. Excellent connectivity as close to the A70/A76 road links, easy access to nearby towns Ayr, Kilmarnock, and Glasgow.

Maps & Location

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Cumnock is an affordable market town in East Ayrshire that attracts residents with its lower house prices, strong sense of community, surrounding countryside, and access to larger towns such as Kilmarnock and Ayr. Investors are drawn by relatively low property purchase costs, ongoing town centre regeneration, and long-term growth potential linked to local investment and renewable energy projects, although returns are generally viewed as longer-term rather than rapid compared with Scotland's larger cities. Cumnock offers a wide range of facilities including primary schooling, supported learning centre and secondary schooling, medical practice and local shops. The refurbished New Cumnock outdoor swimming pool (The Tamar Manoukian Pool) is open for the community to enjoy. There are excellent transport links in the area with a regular train service to Glasgow from New Cumnock and Ayr (17.5 miles).

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Pricing Information & Bidding

Opening Bid: £26,000

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 & Conditions of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

  • Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.

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    STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.

    * If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

General Terms & Conditions of Sale
Lot Specific Terms - 19Glaisnock Street, Cumnock






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