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53-65 Titchfield St 472 sq ft Retail Unit Offered at £60,000 in Kilmarnock KA1 1QS



INVESTMENT HIGHLIGHTS
- Main road frontage
- Busy thoroughfare
- Town Centre location
EXECUTIVE SUMMARY
The property is located on the east side of Titchfield Street, close to its junction with Fowlds Street in Kilmarnock town centre. Fowlds Street forms part of the Kilmarnock Ring Road. Titchfield Street is a prominent secondary town centre retailing area which carries a high traffic volume at most times of day with shops occupied by an interesting mix of local traders. Kilmarnock Railway Station is close by.
PROPERTY FACTS
| Total Property Size | 4,163 sq ft | Floors | 3 |
| Property Type | Retail (Unit) | Typical Floor Size | 1,388 sq ft |
| Property Subtype | Shopfront Retail / Office | Year Built | 1900 |
| Costar Property Class | B | Total Plot Size | 0.05 ac |
| Total Property Size | 4,163 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Office |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 1,388 sq ft |
| Year Built | 1900 |
| Total Plot Size | 0.05 ac |
AMENITIES
- 24 Hour Access
1 UNIT AVAILABLE
Unit 65
| Unit Size | 472 sq ft | Tenure | Freehold |
| Price | £60,000 | Net Initial Yield | 13.64% |
| Price Per sq ft | £127.12 | NOI | £8,184 |
| Unit Use | Retail | Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Unit Size | 472 sq ft |
| Price | £60,000 |
| Price Per sq ft | £127.12 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 13.64% |
| NOI | £8,184 |
| Sale Conditions | Auction Sale |
DESCRIPTION
The subjects comprise a ground floor antique shop within a three storey traditional red sandstone building. The roof is pitched and clad in tile. There are offices on the upper floors.
SALE NOTES
Guide Price : £55,000 ***A FANTASTIC OPPORTUNITY TO ACQUIRE HIGH YIELDING RETAIL INVESTMENT WITHIN PROMINENT TOWN CENTRE LOCATION
NEARBY MAJOR RETAILERS
Presented by
Online Property Auction Group
53-65 Titchfield St
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