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Investment Highlights

  • Town centre location
  • Connectivity out of town centre via A78 closeby
  • Surrounded by prominent retailers including fast food, pubs, local businesses

Executive Summary

The property is situated on the east side of High Street, north of its junction with Bank Street on a highly visible and busy position within the Ayrshire town of Irvine.

1 Unit Available

  • Unit
  • Unit Size
  • Unit Use
  • Price
  • NOI
  • Unit 124
  • 4,099 sq ft
  • Retail
  • £185,000 (£45.13/sq ft)
  • £18,500
Sale Type Investment or Owner Occupier
Net Initial Yield 10.00%
Tenure Freehold
Description
Internally the property offers an open open sales area over ground floor with access to the upper floor via two flights of steps, one at the middle of the shop and the other at the rear.
Sale Notes
The property comprise an extensive 2 storey commercial unit of traditional construction surmounted by a flat roof overlaid in felt.
Unit Unit Size Unit Use Price NOI
Unit 124 4,099 sq ft Retail £185,000 (£45.13/sq ft) £18,500

Unit 124

Unit Size
4,099 sq ft
Unit Use
Retail
Price
£185,000 (£45.13/sq ft)
NOI
£18,500

Unit 124

Unit Size 4,099 sq ft
Unit Use Retail
Price £185,000 (£45.13/sq ft)
NOI £18,500
Sale Type Investment or Owner Occupier
Net Initial Yield 10.00%
Tenure Freehold
Description
Internally the property offers an open open sales area over ground floor with access to the upper floor via two flights of steps, one at the middle of the shop and the other at the rear.</li></ul>
Sale Notes
The property comprise an extensive 2 storey commercial unit of traditional construction surmounted by a flat roof overlaid in felt.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Property Size 7,728 sq ft
Property Type Retail (Unit)
Property Subtype Shopfront
Costar Property Class B
Floors 4
Typical Floor Size 3,225 sq ft
Year Built 1910
Total Plot Size 0.20 ac

Amenities

  • Security System
  • Signage
  • Roller Shutters
  • Storage Space

Nearby Major Retailers

Morrisons
Virgin Money Plc
Bank of Scotland
Iceland
ASDA
Costa Coffee
Santander
eurochange
Starbucks
Londis
  • Listing ID: 30699953

  • Date on Market: 19/01/2024

  • Last Updated:

  • Address: 124 High St, Irvine KA12 8AH

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