183 Main St - Retail FOR SALE


Auchinleck, EAY KA18 2BA
$25,000 USD
129-043-0606
183 Main St, Auchinleck, EAY for Sale
$25,000 USD
Retail - FOR SALE
1/1
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183 Main St
Auchinleck, EAY KA18 2BA


HIGHLIGHTS

  • Ground floor retail unit on the main street
  • High reversionary yield opportunity
  • Could suit conversion

OVERVIEW

***GREAT OPPORTUNITY TO ACQUIRE A GROUND FLOOR SHOP UNIT ON THE AUCKINLECK MAIN STREET***CURRENTLY RENTED FOR £3000 PER ANNUM ON A ROLLING CONTRACT ***GOOD STRUCTURAL CONDITION***SUITABLE FOR CONVERSION INTO A FLAT (STP)*** Description FOR SALE BY ONLINE AUCTION WEDNESDAY 29TH FEBRUARY 2025 AT 9AM - ***GREAT OPPORTUNITY TO ACQUIRE A GROUND FLOOR SHOP UNIT ON THE AUCKINLECK MAIN STREET***CURRENTLY RENTED FOR £3000 PER ANNUM ON A ROLLING CONTRACT***GOOD STRUCTURAL CONDITION***SUITABLE FOR CONVERSION INTO A FLAT(STP)*** ***HIGH ANNUAL YIELD (BASED ON GUIDE PRICE OF £25K)***- Potential monthly rent is £500 a month (£6,000 A YEAR) ***SPACIOUS*** - Approximately 575 square feet of space and a in a good structural condition ***FLEXIBILITY OF USE*** - former therapy premises that can be suitable for conversion into an office space, and suitable for conversion into a flat ***ELECTRICITY AND GAS IN THE PREMISES*** ***TOILET AND KITCHEN FACILITIES IN PLACE*** ***RECENT NEARBY PROPERTY SALES*** - 38 Cairnscadden Road, Cumnock, Ayr, KA18 3BA SOLD £50k (Aug'24) - 183a, Main St, Auchinleck, KA18 2BA, 2 bedroom, SOLD £36k (Jul'24) - 219, Main St, Auchinleck, KA18 2BA, 1 bedroom, SOLD £34k (Jan'22) ***Auchinleck is a village 5 miles (8 km) southeast of Mauchline, and 2 miles (3 km) northwest of Cumnock in East Ayrshire, Scotland.***The population is around 3,600***Surrounding the village is Auchinleck Estate, centred on Auchinleck House, past home of the lawyer, diarist and biographer James Boswell, 9th Laird of Auchinleck.***Auchinleck has two primary schools, namely Auchinleck Primary School and St Patrick's Primary School. The town is also serviced by secondary school Robert Burns Academy*** GUIDE PRICE - £25,000 To view legal documents for all properties, and to register for our online auctions please visit our website. Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm. Key Feature 1 GROUND FLOOR SHOP UNIT ON THE AUCKINLECK MAIN STREET Key Feature 2 HIGH ANNUAL YIELD (24% BASED ON GUIDE PRICE) Key Feature 3 GOOD STRUCTURAL CONDITION & SUITABLE FOR CONVERSION INTO A FLAT

FOR SALE DETAILS

PRICE

$25,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Timothy LovatOnline Property Auction GroupMore Info
129-043-0606

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Timothy LovatOnline Property Auction GroupMore Info
129-043-0606

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.