Tenanted Commercial
52 King Street, Cash Generator Investment, Kilmarnock KA1 1NP
No guide 23 May 2025
GUIDE PRICE AUCTION DATE
Mid-terraced unit within a larger 2 storey commercial development. 143.34sqm (1,542sq ft) over ground and 1st floor FRI lease producing £25,000 pa The property is held on a FRI lease on the following terms; Tenant: Cash Generator Passing Rent £25,000pa Term: 26th Oct 2019 - 30th October 202 Rent Review 1st Nov 2024 (outstanding) Internally the property is presented in the tenants corporate specifications with commercial carpet tile throughout, suspended acoustic tile ceiling with recessed L.E.D and fluorescent panels. Access to the upper floor is via a single staircase to the rear of the demise with partitions erected to form staff room, stores and w.c with rear access to a common loading area at ground floor. The property extends to the following new internal floor area; Ground: 100.75sqm (1,084sq ft) 1st: 42.59sqm (458sq ft) Total: 143.34sqm (1,542sq ft) The property is located on the east side of King Street adjacent to its junction with Sandbed Lane, within the pedestrianised precinct in Kilmarnock’s town centre. Neighbouring occupiers include Boots Pharmacy, Bank of Scotland and WH Smith. Kilmarnock is the main retail centre for East Ayrshire with a resident population of c. 44,000 persons with a wider catchment in excess of 150,000 persons. Kilmarnock is approx 22 miles from Glasgow and is well serviced by transport links via the M77, rail connections and Glasgow and Prestwick airports within 30 mins drive. Full Address: 52 King Street, Cash Generator Investment, Kilmarnock, KA1 1NP
52 King St, KA1 1NP
Guide Price
No guide
Auction Date
23 May 2025
End Time
12:00
Lot
192
Venue
Online
Auctioneer
Future Property Auctions
Future Property Auctions
241 Kilmarnock Road, Glasgow
0345-646-1117
About Future Property Auctions

Future Auctions LTD are the UK & Ireland's premier dedicated land & property auction house. They offer flats, houses, land, residential, commercial property at large scale event and online auctions.