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).