Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
24 miles south-west of Glasgow
Roads
A71, A76, A77, M77
Rail
Kilmarnock Railway Station (ScotRail)
Air
Glasgow Prestwick Airport, Glasgow International Airport
Situation
The property is situated in a prominent corner position at the junction of John Finnie Street and Bank Place in Kilmarnock town centre. Nearby occupiers include the Post Office & Royal Mail Sorting Office, Co-Operative Funeral Care, Countrywide Estate Agents and a number of independent retailers.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
24 miles south-west of Glasgow
Roads
A71, A76, A77, M77
Rail
Kilmarnock Railway Station (ScotRail)
Air
Glasgow Prestwick Airport, Glasgow International Airport
Situation
The property is situated in a prominent corner position at the junction of John Finnie Street and Bank Place in Kilmarnock town centre. Nearby occupiers include the Post Office & Royal Mail Sorting Office, Co-Operative Funeral Care, Countrywide Estate Agents and a number of independent retailers.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a ground floor banking hall with ancillary accommodation in the basement, mezzanine floors and self-contained office accommodation on the first floor. The property benefits from secure basement car parking for approximately 10 cars.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
Viewings
There will be a single block viewing for this property. All interested parties must register their details with the Auctioneers prior to the viewing date and provide identification on site. Please contact Mhairi Jarvis. Email: mhairi.jarvis@acuitus.co.uk
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor banking hall with ancillary accommodation in the basement, mezzanine floors and self-contained office accommodation on the first floor. The property benefits from secure basement car parking for approximately 10 cars.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
Viewings
There will be a single block viewing for this property. All interested parties must register their details with the Auctioneers prior to the viewing date and provide identification on site. Please contact Mhairi Jarvis. Email: mhairi.jarvis@acuitus.co.uk
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Basement Ground Mezzanine
Ancillary Banking Hall Ancillary
124.77 sq m 672.60 sq m 180.78 sq m
(1,343 sq ft) (7,240 sq ft) (1,946 sq ft)
THE ROYAL BANK OF SCOTLAND PLC (1)
Approx 20 years from 13/12/2006 until 11/12/2026
£66,987
11/12/2021 (2)
First
Office
764.94 sq m
(8,234 sq ft)
VACANT POSSESSION
-
-
-
Totals
1,743.09 sq m
(18,763 sq ft)
£66,987
(1) Royal Bank of Scotland has over 17 million customers in the UK and is the largest SME Bank in the UK with over 1.1 million customers. (Source: www.rbs.com) (2)The lease provides for the rent to be reviewed at the next rent review on 11th December 2021 to the higher of Open Market Rental Value or a fixed rental increase of 3.75%.
