Summary - Eglinton Street, Irvine, North Ayrshire, KA12 KA12 8AS
1 bed 1 bath Shop
**Standout Features:**
- **Sizeable Commercial Space:** 2,865 sq ft with potential for versatile use.
- **Prime Location:** Prominent roadside position on a busy thoroughfare in Irvine.
- **Office and Retail Potential:** Dual display windows and various partitioned meeting rooms.
- **Investment Opportunity:** Projected rental income of £16,000 per annum, offering a potential yield of 11.5% at an attractive guide price of £139,000.
- **Accessibility:** Excellent mobile signal and average broadband speeds.
**Concerns:**
- **Renovation Required:** Property shows visible signs of wear and may need updates to meet modern standards.
- **Characteristics of Local Area:** Area labeled with some economic challenges, impacting aspirational growth.
This expansive two-storey commercial unit on Eglinton Street presents an exciting opportunity for investors and entrepreneurs alike. With a strategically located dual display setup, this space is perfectly positioned for retail or office applications. The generous size allows flexibility in design, whether distributing it into separate classrooms or meeting rooms, while the setup for tea preparation and W.C. facilities on both floors enhances convenience.
Situated in Irvine, roughly 30 miles from Glasgow, you'll benefit from a substantial local population of over 34,000, coupled with an extended regional catchment of over 135,000. The surrounding community is rich in amenities, ensuring high foot traffic and visibility, which is crucial for any business seeking consistent patronage.
While the property does require some renovation, its current condition provides a blank canvas for your creative vision. Given the competitive asking price, the potential yield positions this as an attractive rental or operational investment. Don’t miss out on the chance to secure this unique property that balances size, location, and investment potential—all in an area ripe for growth and dynamism!
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