Summary - King Street, Kilmarnock, Ayrshire, KA1 KA1 1NP
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prominent high street unit with double frontage
- Spacious ground and first floor totaling 1,542 sq. ft.
- Existing lease held by Cash Generator until October 2029 with a passing rent of £25,000 p.a.
- Located in the heart of Kilmarnock, close to major retailers such as Boots and WH Smith
- Easily accessible by road and rail, just 22 miles from Glasgow
**Potential Concerns:**
- Lease is relatively short at 6 years remaining, which may deter mortgage lenders
- Property currently operates under corporate specifications, which may require adaptation for other uses
This exceptional retail property on King Street in Kilmarnock offers a prime investment opportunity in a bustling market area. With its prominent double-frontage and spacious interiors, this mid-terraced commercial unit provides excellent visibility and foot traffic. The current tenant, Cash Generator, ensures a reliable income stream through to October 2029, with a competitive annual rent of £25,000.
Kilmarnock boasts a resident population of approximately 44,000, alongside a wider catchment exceeding 150,000, making this locale a central hub for retail. The property's strategic location provides access to a variety of amenities, including healthcare services, shopping, and dining options, all within walking distance.
Investors should note the remaining lease term, which may limit financing options, yet the vibrant high-street positioning and future rental opportunities present significant growth potential. Whether you're a seasoned investor or looking for a prime location to establish or expand a business, this property is a remarkable find. Don't miss your chance to secure this lucrative opportunity in a thriving commercial district.
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