Summary - 2 Low Glencairn Street, Unit 1, 2 & 4, Kilmarnock, KA3 7HY KA3 7HY
1 bed 1 bath Commercial Property
Prime high-footfall location with long-standing tenants and clear yield potential.
3 tenanted ground-floor commercial units with period Victorian shopfront
Combined annual rent £22,266.67 providing immediate income stream
Guide price £135,000; offered for sale at timed online auction
Sold as a single lot — units not available individually
Area classed as very deprived — affects rental growth risk
Tenure unknown; buyers must verify leases and legal title
Internal photos pending; inspections and due diligence recommended
No flood risk; excellent mobile signal and fast broadband
These three ground-floor commercial units occupy a prominent Victorian shopfront on Low Glencairn Street, Kilmarnock, trading within a busy retail stretch. All units are currently let to long-standing businesses producing a combined rental income of £22,266.67 per annum — offering immediate income for a buyer prepared to purchase at auction. High ceilings, period red-brick frontage and bay windows add character and curb appeal.
The lot is offered for sale at auction with a guide price of £135,000. If the current income is maintained, that rent-to-price ratio could deliver an attractive gross yield. Broadband and mobile signals are good, and the units benefit from strong footfall and proximity to local amenities, supporting ongoing tenant demand.
Important considerations: the area is recorded as very deprived, which can affect long-term rental growth and tenant churn. Tenure details are unknown and internal photos are pending — buyers should verify lease terms, service charges and occupancy details before bidding. The units are sold together as one lot and will be offered via timed online auction, so successful purchase will require pre-auction arrangements and due diligence.
For investors seeking a straightforward, income-producing purchase with enhancement potential, this brick-fronted, period property presents clear upside through active asset management or reconfiguration, subject to lease constraints and any required repairs.
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