FOR SALE BY ONLINE AUCTION WEDNESDAY 23RD OF OCTOBER 2024 AT 9AM***GREAT OPPORTUNITY***TO ACQUIRE TENANTED COMMERCIAL PROPERTY***PROPERTY IS CURRENTLY TENANTED TO A CLOTHES STORE***POTENTIAL RENTAL OF £450-£500 PRODUCING A GROSS POTENTIAL YIELD OF 18.6% - 20.6%***EXCELLENT INVESTMENT PROPERTY***
***Property is situated on an attractive main road plot, benefiting from large footfall traffic***PRIME COMMERCIAL INVESTMENT LOCATION***
***Property comprises Shop sales area, Kitchen area, W/C and store area. Property extends to 51 square meters.***
***Excellent Investment Opportunity. Sure to appeal to shrewd investors looking for an exceptional opportunity for a tenanted commercial property in an area with great rental growth potential.***
***Property had roof replaced in 2019, with a 15 year guarantee, along with this the property had internal refurbishment recently, which shows from the beautiful shop sales area***
***Property has a rateable value of £1,900 which qualifies the property for small business rates relief. Sought after street location benefiting from large daily footfall and good sized shop frontage.***
***Sure to appeal to investors looking for an easily lettable commercial property, which benefits from immediate cashflow.***
***RECENT NEARBY SALES***
- 33 Bridge Street, Girvan, KA26 9HH - £122,000 (4 bedroom) - Feb'23
- 13 Bridge Street, Girvan, KA26 9HH - £75,000 (4 bedroom) - Apr'22
- 2 Knockcushan Street, Girvan, KA26 9HH - £65,479 (4 bedroom) - Oct'23
***The property is based in Girvan, nestled along the stunning Ayrshire coastline in Scotland, offers an enticing blend of natural beauty, rich history, and economic potential. Its picturesque vistas of the Firth of Clyde and the iconic Ailsa Craig, coupled with a strong sense of community, make it an appealing place to call home.***With a history dating back to ancient times, Girvan boasts historic landmarks like Turnberry Castle and the Girvan Old Stumpy Lighthouse, adding to its charm.***The town's diverse economy, supported by industries such as fishing, agriculture, and tourism, presents promising opportunities for investment.***Residents enjoy a balanced lifestyle, with tranquil surroundings, convenient urban amenities, and access to excellent schools and healthcare.***Girvan's property market, offering a range of options at relatively affordable prices, further enhances its appeal as a destination for living and investing in***
GUIDE PRICE: £16,000
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