Summary - 44, MAIN STREET, IRVINE, DREGHORN KA11 4AA
1 bed 1 bath Shop
Investment-ready commercial unit with high gross yield potential.
Freehold Victorian two-storey shop with mixed-use conversion potential
This two-storey Victorian commercial property on Main Street, Dreghorn offers clear investor appeal and conversion potential. Previously operated as a tattoo parlour, the ground floor includes three studio rooms, a fitted kitchen, toilet and storage; the upper floor presents scope for residential use subject to consents. Constructed in traditional sandstone, the building retains period character while presenting practical medium-to-large rooms and standard ceiling heights.
The property is offered freehold and will be sold at auction. It is currently producing £180 per week (£9,360 pa) according to the supplied details, which equates to an approximate gross yield of 12.5% if achieved at the guide price of £75,000. Recent nearby sales cited at £120,000 and £99,000 provide local comparables that support market interest.
Buyers should be aware of the location’s challenges. The wider area is described as very deprived with a local demographic of ageing industrial workers and challenged communities, which may affect tenant demand and long-term capital growth. The lot is marketed as a discounted auction lot to encourage a quick sale; purchasers should factor in auction timelines and the need to verify tenancy status and any required permissions for change of use or refurbishment.
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