FOR SALE BY ONLINE AUCTION WEDNESDAY 27TH OF AUGUST 2025 AT 9AM***GREAT OPPORTUNITY***PORTFOLIO OF 3 COMMERCIAL UNITS IN KILMARNOCK***TOTAL RENTAL INCOME OF £13.8k (12.5% YIELD BASED ON GUIDE PRICE)***
Kilmarnock is situated in East Ayrshire and serves as the main administrative centre of the Council. The town sits approximately 23 miles south west of Glasgow, 15 miles north east of Ayr and can be accessed by the main arterial route of the M77 motorway.
2 CENTRAL AVENUE (AREA OF 777 SQ FT)
2A CENTRAL AVENUE (AREA OF 342 SQ FT)
***THE TOTAL CURRENT RENTAL INCOME OF 2 & 2A CENTRAL AVENUE IS £9,300 PER ANNUM***
The subjects comprise a cafe within a single storey building of masonry construction which sits under a flat roof. The property is accessed via a single aluminium framed and glazed door. Internally, the cafe benefits from a commercial extraction canopy and is fitted out with the necessary fixtures and fittings required
to operate as a cafe. Staff welfare facilities are to the rear with a waiting area for customers to the front.
The ceilings are of suspended tile and incorporate fluorescent strip box lighting. The walls are of plasterboard and are covered in pinewood at various locations. Ample free parking is available to the front of the property.
Units 2 and 2a are both let to Feeney's Deli and have been opened up inside to allow for much needed additional customer seating.
The property is located to the east of Central Avenue immediately at its junction with Shortlees Crescent, in the Shortlees area of Kilmarnock. The situation of the subjects benefit from being at the centre of a densely populated residential area. The main arterial road (Ayr Road), which passes through the centre of Kilmarnock takes less than one minutes' drive to reach. Nearby occupiers include Shortlees Post Office, Cod Father and Kayani News.
1A SHORTLEES (AREA OF 323 SQ FT, ANNUAL RENT OF £4,500
Currently a tenanted retail unit. The subjects comprise a retail unit within a single storey building of masonry construction which sits under a flat roof. The property is accessed via a single aluminium framed and glazed door. Internally, it is fitted out with the necessary fixtures and fittings required to operate as a cafe. The kitchen and staff welfare facilities are to the rear with a waiting area for customers to the front. The ceilings are of suspended tile and incorporate LED lighting. The walls are finished in plaster/paint with splash backs at various locations. The flooring is covered with commercial laminate. There is ample free parking to the front of the property.
The property is located to the south of Shortlees Crescent immediately at its junction with Central Avenue, in the Shortlees area of Kilmarnock. The situation of the subjects benefit from being at the centre of a densely populated residential area. The main arterial road (Ayr Road), which passes through the centre of Kilmarnock takes less than one minutes’ drive to reach.
Unit 1a is rented to a local baker and used for storage.
TOTAL GUIDE PRICE - £110,000
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***GREAT OPPORTUNITY***PORTFOLIO OF 3 COMMERCIAL UNITS IN KILMARNOCK***
***TOTAL RENTAL INCOME OF £13,800 (OVER 12.5% YIELD)***
***CENTRE OF A DENSELY POPULATED AREA***
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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