We are excited to bring to the market is this excellent commercial property situated on Castle Arcade, New Cumnock.
Sure to appeal to shrewd commercial landlords looking for a property in a fantastic location, or owner occupiers looking for a fantastic premises they can put their stamp on.
Prime Opportunity for Commercial investors looking for a spacious unit with excellent yield potential.
Property is situated on an attractive location, next to local amenities and benefiting from local residential area ***PRIME COMMERCIAL INVESTMENT LOCATION***
Excellent opportunity. Property has previously been used as a popular hair salon. Great yield potential once tenanted.
Property has the potential to be turned into a busy hairdressers, barbers, mobile repair shop, convenience store and many other possibilities.
Location
New Cumnock is a small village located in East Ayrshire, Scotland, situated in the picturesque Nith Valley. Historically a mining community, the village has transitioned from its coal industry roots and now serves as a quiet rural settlement. Its location in southwest Scotland offers residents and visitors beautiful countryside views and access to nearby attractions like the Galloway Forest Park.
Accommodation
Property comprises: Large front retail area, rear office space & ample storage.
Terms
Guide Price - £35,000
For rental purposes, the property could potentially achieve £500 - £600 per month (£6,000 - £7,200 p/a). This would provide an excellent 17.1 - 20% yield if achieved for guide price.
***Property has a rateable value of £2,350***
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.