Summary - 65, TITCHFIELD STREET KA1 1QS
1 bed 1 bath Retail Property (high street)
Freehold town-centre shop producing £7,500pa — guide shows 13.6% gross yield.
Prominent town-centre retail frontage on Titchfield Street
This freehold high-street retail unit at 65 Titchfield Street offers a ready-made income stream in a prominent town-centre position. The current lease produces £7,500 per annum and the guide price reflects a circa 13.6% gross yield, making it immediately income-generating for an investor seeking high initial yield.
The property provides approximately 954 sq ft of ground-floor accommodation within a Victorian red-brick terrace and benefits from a visible frontage on the principal secondary retail route into Kilmarnock. The unit is let to a long-standing local business and there is no VAT payable on the sale.
Buyers should note the lease expires in October 2025 — creating re-letting or vacant possession risk in the short term. The sale will be by online auction (29 October 2025) and is subject to a buyer’s premium; the legal pack and any special conditions should be checked carefully. The vendor is a connected party.
The property sits in an area with high deprivation scores, which can affect long-term rental growth and tenant mix despite local amenities and nearby educational institutions. Suited to investors who prioritise immediate return and who are comfortable managing short-term lease transition and auction-related fees.
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