Summary - 33, MAIN STREET KA15 2AD
1 bed 1 bath Shop
Low‑priced, income-producing shop with basement conversion potential.
Tenanted retail property producing £200 per week
A vacant-looking Victorian two-storey shop currently let as a hardware store, offered freehold at auction. The tenant pays £200 per week, producing approximately a 14.9% gross yield at the guide price of £70,000 (annual rent £10,400). This makes the lot attractive to investors seeking immediate income and a low entry price into Beith’s town centre market.
The building includes a large retail floor, substantial basement with private rear access potential, simple staff toilet and storage. The basement offers scope to convert into a 2‑bed flat (subject to necessary planning and permissions), which could add long‑term value once approvals and works are in place. Mobile signal and broadband are reported as excellent and fast.
Buyers should note the property is in a very deprived local area and will be sold at auction, so purchase timelines and funding need to be planned. The retail interior shows signs of wear — suspended ceiling, exposed utilities and worn flooring — and will require refurbishment for trading or residential conversion. No guarantees are made about planning consent; conversion requires approvals and likely remedial works.
Overall this is a low‑priced, income-producing town‑centre commercial lot with clear upside for investors willing to manage refurbishment and planning risk. It suits a purchaser targeting immediate rental return with potential value uplift through basement development.
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