Vacant Commercial Property LOT 53

35 Main Street, Patna, KA6 7LN
GUIDE PRICE

Deadline for Offers

30 September 2021, 3pm

Bidding Closes in

Submit Offer Now
  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address: 35 Main Street, Patna, KA6 7LN

Mixed use portfolio - Ground Floor Public house & 5 Bedroom Upper Flat within traditional DETACHED BUILDING. Presented in excellent order throughout with potential to be converted into a residential dwelling with views overlooking modern properties. Parking available to the side of the property

Public house: Entrance (main door), lounge bar, m/f toilets and stock room/cellar. Upper flat: Hallway, 5 bedrooms, lounge, modern fitted kitchen & bathroom. In Patna itself, the business benefits from being the only public house in the village

***RENTAL POTENTIAL £1,250 PCM - £15,000 PER ANNUM*** Circa 18% Yield at Guide Price. Excellent BTL opportunity. Investor Capital growth opportunity. This well proportioned 5 bedroom family home is nestled at the foot of a cul-de-sac with open views to the rear. Requires conversion back to residential from current commercial classification - NEW ENTRY - Vendor motivated SALE

Freehold Pub & 5 Bedroom Flat above. Full vacant possession. The Wheatsheaf Inn occupies a prominent trading location on the main street leading through the village. The business has established an excellent base of loyal clientele from local residents and although the business forms an important part of the local community

The village of Patna is situated around 5 miles south east of Ayr on the A713, a popular tourist route leading from Ayrshire into Dumfries and Galloway. The business is close to other centres including Prestwick, Troon and Kilmarnock. Patna is situated in the heart of what has become known as ‘Burns Country’ although the area is also very well known for its quality golf courses.

Wheatsheaf Inn, a popular and very busy free house situated in the Ayshire village of Patna. Wheatsheaf Inn was purchased by our clients over 6 years ago during which time it has been trading successfully and has been placed on the market by our clients due to relocation. The property has been very carefully maintained throughout their ownership and is presented in true walk in condition with no work required before new owners could commence immediate trading. Public house: Entrance (main door), lounge bar, m/f toilets and stock room/cellar. Upper flat: Hallway, 5 bedrooms, lounge, modern fitted kitchen & bathroom. In Patna itself, the business benefits from being the only public house in the village ***RENTAL POTENTIAL £1,250 PCM - £15,000 PER ANNUM*** Circa 18% Yield at Guide Price. Excellent BTL opportunity. Investor Capital growth opportunity. This well proportioned 5 bedroom family home is nestled at the foot of a cul-de-sac with open views to the rear. Requires conversion back to residential from current commercial classification - NEW ENTRY - Vendor motivated SALE

The village of Patna is situated around 5 miles south east of Ayr on the A713, a popular tourist route leading from Ayrshire into Dumfries and Galloway. The business is close to other centres including Prestwick, Troon and Kilmarnock. Patna is situated in the heart of what has become known as ‘Burns Country’ although the area is also very well known for its quality golf courses. In Patna itself, the business benefits from being the only public house in the village and also the village is continually growing with approximately 250 new homes currently being built. The Wheatsheaf Inn occupies a prominent trading location on the main street leading through the village. Freehold Pub & 5 Bedroom Flat above. Full vacant possession. The Wheatsheaf Inn occupies a prominent trading location on the main street leading through the village. The business has established an excellent base of loyal clientele from local residents and although the business forms an important part of the local community

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Location

Pricing Information & Bidding

Guide Price: £200,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 30 September 2021, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

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