Property for sale
Key information
Property description & features
- Tenure: Freehold
- 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%.
- 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%.
Perfect Investment Property. Modern Unit let to Tesco since 2009. New lease signed November 2023 and there is a Rent Review January 2029.
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.
*GRADE A TENANT *
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.
High yielding investment property.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location
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.
Places of interest
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Property reference 205064435. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
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Broadband availability and predicted speed: obtained from Ofcom on March 7, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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