OPENING BID

Timed Online Auction

21 October 2021, 10am-3pm

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address: 71a and b Glaisnock Street, Cumnock, Ayrshire, KA18 1BX

SUPER INVESTMENT PROPERTY WITHIN BUSY TOWN CENTRE. Large refurbished commercial unit located in the popular Ayrshire town of Cumnock. Ideal rental property with realistic rental potential of up to 800pcm (9,600 per annum).

Lot comprises 2 separate units and offers realistic rental potential of 400 per month per unit within popular town centre location. Both units fitted out to extremely high standard following recent upgrading.

On street parking available and further unrestricted parking available within the vicinity. Sure to appeal to landlords looking for a High yielding investment Opportunity in EASY TO LET LOCATION within town centre.

EXCELLENT SIZE AND LOCATION with highly visible frontage in SUPER SPOT almost directly opposite the Dumfries Arms Hotel. Formerly trading as barber shop and separate salon fitted out to very high standard.

2 individual units with individual power supplies offering excellent potential for multiple uses. Perfect spot for cafe/ sandwich shop or takeaway (subject to gaining necessary planning consent) within the busy town centre close to Bus Station and shopping centre.

Former Beauty Salon with Potential for Alternative Use, subject to gaining necessary consents. Unit extends to approx. 550 Sq.ft. SUPER INVESTMENT PROPERTY WITHIN BUSY TOWN CENTRE. Large refurbished commercial unit located in the popular Ayrshire town of Cumnock. Ideal rental property with realistic rental potential of up to 800pcm (9,600 per annum). Lot comprises 2 separate units and offers realistic rental potential of 400 per month per unit within popular town centre location. Both units fitted out to extremely high standard following recent upgrading. On street parking available and further unrestricted parking available within the vicinity. Sure to appeal to landlords looking for a High yielding investment Opportunity in EASY TO LET LOCATION within town centre. EXCELLENT SIZE AND LOCATION with highly visible frontage in SUPER SPOT almost directly opposite the Dumfries Arms Hotel. Formerly trading as barber shop and separate salon fitted out to very high standard. 2 individual units with individual power supplies offering excellent potential for multiple uses. Perfect spot for cafe/ sandwich shop or takeaway (subject to gaining necessary planning consent) within the busy town centre close to Bus Station and shopping centre.

The East Ayrshire town of Cumnock (population 9,000) lies some 13 miles east of Ayr, 13 miles south of Kilmarnock and 3 miles north of New Cumnock connected by the A70 and A76. The town supports a number of communities in the surrounding area, providing shopping, education and leisure services to around 35,000 people. The centre of Cumnock is currently undergoing extensive regeneration and includes the development of a new Council office building, supermarket and additional car parking. Other occupiers in the area include Scotmid, Savers, Greggs, Asda supermarket and a range of independent traders.

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Pricing Information & Bidding

Opening Bid: £34,000

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 = 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: 21 October 2021, 10am-3pm
Type: Timed Online Auction

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