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76 Main St 2,876 sq ft Retail Property Kilwinning KA13 6AG £695,000 (£241.66/sq ft)
INVESTMENT HIGHLIGHTS
- Prime Property Auctions New Entry. Excellent Investment Opportunity. ***GRADE A Tenant. Tesco Extra Paying £60,000 per annum. ***.
- Perfect Investment Property. Modern Unit let to Tesco since 2009. New lease signed November 2023 and there is a Rent Review January 2029.
- Sure to appeal to Commercial Landlord looking for a fantastic investment with a sought after tenant.
- Property has a Guide price of £695,000, and is tenanted at £60,000 per annum. This produces a Gross annual yield of 8.6%.
- Large unit extending to 3,916.98 sq ft (363.9 sq m). Property has a rateble value of £17,900.
EXECUTIVE SUMMARY
• Prime Property Auctions New Entry. Excellent Investment Opportunity. ***GRADE A Tenant. Tesco Extra Paying £60,000 per annum. ***
• Property has a Guide price of £695,000, and is tenanted at £60,000 per annum. This produces a Gross annual yield of 8.6%.
• Perfect Investment Property. Modern Unit let to Tesco since 2009. New lease signed November 2023 and there is a Rent Review January 2029.
• Large unit extending to 3,916.98 sq ft (363.9 sq m). Property has a rateble value of £17,900.
• Sure to appeal to Commercial Landlord looking for a fantastic investment with a sought after tenant.
Prime Property Auctions New Entry. Excellent Investment Opportunity. GRADE A Tenant. Tesco Extra Paying £60,000 per annum. Property has a Guide price of £695,000, and is tenanted at £60,000 per annum. This produces a Gross annual yield of 8.6%.
Tesco is The UK’s biggest supermarket chain posted pre-tax profits of £2.3bn, up from £882m, while sales rose by 4.4% to £68.2bn in the year to 24 February. Tesco has more than 330,000 employees and a 27.3% share of the grocery market.
Sure to appeal to Commercial Landlord looking for a fantastic investment with a sought after tenant. Large unit extending to 3,916.98 sq ft (363.9 sq m). Property has a rateble value of £17,900.
The North Ayrshire town of Kilwinning is located approximately 21 miles to the south of Glasgow. The town is accessed via the A78 and A737 and the main Ayrshire railway lines. The subject property occupies the ground floor of a two storey sandstone terrace on the north side of Kilwinning high street. Nearby retailers include Co- op, Optical Express, Lloyds Pharmacy, Coral, RS McColl and Ladbrokes. Popular North Ayrshire Town of Kilwinning. Excellent transport links across Ayrshire and South West Scotland- 21 miles from Glasgow. Price set to ensure interest and SALE. Popular North Ayrshire Town of Kilwinning. Excellent transport links across Ayrshire and South West Scotland- 21 miles from Glasgow.
• Property has a Guide price of £695,000, and is tenanted at £60,000 per annum. This produces a Gross annual yield of 8.6%.
• Perfect Investment Property. Modern Unit let to Tesco since 2009. New lease signed November 2023 and there is a Rent Review January 2029.
• Large unit extending to 3,916.98 sq ft (363.9 sq m). Property has a rateble value of £17,900.
• Sure to appeal to Commercial Landlord looking for a fantastic investment with a sought after tenant.
Prime Property Auctions New Entry. Excellent Investment Opportunity. GRADE A Tenant. Tesco Extra Paying £60,000 per annum. Property has a Guide price of £695,000, and is tenanted at £60,000 per annum. This produces a Gross annual yield of 8.6%.
Tesco is The UK’s biggest supermarket chain posted pre-tax profits of £2.3bn, up from £882m, while sales rose by 4.4% to £68.2bn in the year to 24 February. Tesco has more than 330,000 employees and a 27.3% share of the grocery market.
Sure to appeal to Commercial Landlord looking for a fantastic investment with a sought after tenant. Large unit extending to 3,916.98 sq ft (363.9 sq m). Property has a rateble value of £17,900.
The North Ayrshire town of Kilwinning is located approximately 21 miles to the south of Glasgow. The town is accessed via the A78 and A737 and the main Ayrshire railway lines. The subject property occupies the ground floor of a two storey sandstone terrace on the north side of Kilwinning high street. Nearby retailers include Co- op, Optical Express, Lloyds Pharmacy, Coral, RS McColl and Ladbrokes. Popular North Ayrshire Town of Kilwinning. Excellent transport links across Ayrshire and South West Scotland- 21 miles from Glasgow. Price set to ensure interest and SALE. Popular North Ayrshire Town of Kilwinning. Excellent transport links across Ayrshire and South West Scotland- 21 miles from Glasgow.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,876 sq ft
Costar Property Class
C
Year Built
1990
Price
£695,000
Price per sq ft
£241.66
Tenancy
Single
Number of Floors
1
Plot ratio
0.91
Total Plot Size
0.07 ac
Frontage
27 ft on Main Street
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- 24 Hour Access
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76 Main St
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