Bank Street Portfolio, Kilmarnock... Studio for sale

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Bank Street Portfolio, Kilmarnock... Studio for sale

Bank Street Portfolio, Kilmarnock, East Ayrshire, KA1 1EP
£105,000

Our Summary

  • We are delighted to offer an amazing investment opportunity to purchase a portfolio of three properties in excellent town centre location
  • Outstanding investment opportunity offering potential combined rental of £2,000 per month (£24,000 per year giving an outstanding return on investment in HIGH DEMAND LOCATIONThis property will be sold under auction terms and conditions by Braveheart Auctions
  • The seller has indicated that they may be open to accepting pre-auction offers on this property so don't miss out
  • Perfect for investor or owner occupierRealistic combined value of up to £200,000Perfect trading positionClass 3/ Hot food potential (subject to consents)
  • Class 3/ Hot food potential (subject to consents)

Description

This is an exceptional investment opportunity to purchase a portfolio of three properties in a prime location in Kilmarnock's town centre. The portfolio consists of two large commercial units, a former hair salon and a former locksmith's shop, both with potential for hot food businesses and a studio apartment with vacant possession. The commercial units have a realistic potential rental income of up to £1,600 per month, while the apartment is currently let for £500 per month. The combined potential rental income is £2,000 per month, translating to an outstanding return on investment of £24,000 per year. The properties are situated in a high-demand location, close to all transport links and amenities, making it an ideal investment opportunity for an investor or owner occupier. The seller may be open to accepting pre-auction offers, so it's recommended to visit the auctioneer's website to submit an offer.