Summary - 47, TITCHFIELD STREET KA1 1QS
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime high street location on Titchfield Street, Kilmarnock
- Well-established foot traffic area
- Main road frontage with visibility for customers
- Rates exempt; no VAT payable
- Freehold tenure, offering flexibility for future alterations
- Currently leased with a rental income of £6,500 per annum; potential net yield of 10%
- Space: 504 square feet (approx. 46.82 square meters)
**Potential Concerns:**
- Requires renovation for optimal use
- Situated in a deprived area
This retail investment property is strategically positioned in the bustling town center of Kilmarnock, ensuring maximum visibility and heavy foot traffic for any retail or beauty business. The ground floor space of 504 square feet lends itself well to various commercial enterprises, with ongoing renovations planned by the current tenant for its use as a beauty salon and nail bar. Situated among an eclectic mix of shops, this location promises significant rental potential, enhanced by its exemption from rates and VAT.
While the property needs some renovation to unlock its full potential, its low purchase price of £65,000 offers an attractive entry point for investors looking to capitalize on the area's commercial growth. With a secure tenant already in place and a notable yield, this opportunity is well-suited for savvy investors or entrepreneurs eager to establish themselves in a prominent urban setting. Don't miss your chance to invest in this affordable property with immense future potential!
High street retail property for sale in 65 Titchfield Street, Kilmarnock, KA1 1QS, KA1 — £60,000 • 1 bed • 1 bath • 472 ft²
Commercial property for sale in 38 Titchfield Street, Tenanted Investment, Kilmarnock, KA1 1PH, KA1 — £74,000 • 1 bed • 1 bath • 1000 ft²
High street retail property for sale in 65 Titchfield Street, Kilmarnock, Ayrshire, KA1 1QS, KA1 — £55,000 • 1 bed • 1 bath • 954 ft²
High street retail property for sale in 87A John Finnie Street, Kilmarnock, KA1 1BG, KA1 — POA • 1 bed • 1 bath • 1464 ft²
High street retail property for sale in 41 King Street, Kilmarnock, KA1 1PT, KA1 — £115,000 • 1 bed • 1 bath • 782 ft²
High street retail property for sale in 41 King Street, Kilmarnock, KA1 — £114,998 • 1 bed • 1 bath • 782 ft²
