50 Titchfield Street Kilmarnock East Ayrshire KA1 1PH

50 Titchfield Street
Kilmarnock
East Ayrshire
KA1 1PH

Heritable Retail Investment

  • Let to British Heart Foundation
  • Totals approximately 6,465 sq ft
  • Busy town centre location
  • Nearby occupiers include Wilko, William Hill, Papa John's and a number of independent retailers
  • Lot
    89
  • Auction
    19th October 2017
  • Rent
    £48,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £315,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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  • Photos
  • Map

* More information on the term "guide" can be found here

Heritable Retail Investment

  • Let to British Heart Foundation
  • Totals approximately 6,465 sq ft
  • Busy town centre location
  • Nearby occupiers include Wilko, William Hill, Papa John's and a number of independent retailers
  • Lot 89
  • Auction 19th October 2017
  • Rent
  • Status Sold
  • Price £315,000
  • Sector
    High Street Retail
  • Auction Venue
    The 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
Air
Glasgow Prestwick Airport, Glasgow International Airport
Situation

The property is prominently situated in the heart of Kilmarnock town centre, on the east side of Titchfield Street, a busy retailing location south of King Street, opposite The Galleon Leisure Centre and a public car park. Nearby occupiers include Wilko, William Hill, Papa John's 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
Air
Glasgow Prestwick Airport, Glasgow International Airport
Situation

The property is prominently situated in the heart of Kilmarnock town centre, on the east side of Titchfield Street, a busy retailing location south of King Street, opposite The Galleon Leisure Centre and a public car park. Nearby occupiers include Wilko, William Hill, Papa John's and a number of independent retailers.

Tenure

Heritable. (Scottish equivalent of English Freehold).

Description

The property comprises a substantial ground floor retail unit only. The property forms part of a larger building, the remainder of which is not included in the sale.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a substantial ground floor retail unit only. The property forms part of a larger building, the remainder of which is not included in the sale.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

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 Reversion
Ground Retail/Ancillary
600.62 sq m
(6,465 sq ft)
BRITISH HEART
FOUNDATION (1)
15 years from
25/07/2005 on a
full repairing
and insuring
lease
£48,000 24/07/2020
Total
600.62 sq m
(6,465 sq ft)
    £48,000  

(1) The British Heart Foundation was founded in 1961 and is the UK's leading heart charity with over 670 retail outlets across the UK (Source: www.bhf.org.uk).

Property Documents

  • Site Plan
    Updated Date
    01.11.19
    File Size
    1 MB
    View PDF
  • Catalogue Page
    Updated Date
    01.11.19
    File Size
    565 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Richmond & Co Solicitors 26 Commercial Street
Dundee
DD1 3EJ
Carol Parratt 01382 201 964 richmondco@btconnect.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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