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61 -63 King Street, Kilmarnock, KA1 1PT

  • Retail
  • 1,216 sq ft
  • For Sale
61 -63  King Street, Kilmarnock, Retail For Sale - 61 -63 King Street
61 -63  King Street, Kilmarnock, Retail For Sale - 61 -63 King Street
61 -63  King Street, Kilmarnock, Retail For Sale - 61 -63 King Street
61 -63  King Street, Kilmarnock, Retail For Sale - 61 -63 King Street
61 -63  King Street, Kilmarnock, Retail For Sale - 61 -63 King Street
61 -63  King Street, Kilmarnock, Retail For Sale - 61 -63 King Street
Property Type Retail
Tenure For Sale
Size 1,216 sq ft
Price Offers in excess of £215,000.00 reflects a NIY of 9.15%
Energy Performance Rating Upon enquiry

Attractive Class 3 investment located in the heart of Kilmarnock town centre on prime pitch

Key Features

  • Well-fitted unit located on prime section of King Street
  • Let on FRI terms to Cafe Courtyard Ltd
  • Popular cafe with 226 Google Reviews averaging 4.3 Stars
  • Lease expiry in September 2026 subject to a mutual break option in September 2024
  • Passing rent of £20,000 per annum
  • Offers over £215,000 invited = 9.15% NIY

Description

Well-fitted ground floor café / Class 3 premises.

The subjects benefit from a large double shopfront with central pedestrian access door with attractive outdoor seating area on pedestrianized shopping street.

Internally the subjects have been fitted out to a very high standard with kitchen and serving area to the front and space to accommodate approximately 30 covers.

WC facilities (ambulant and male / female) are found to the rear.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Ground 1,216 112.97 Available
Total 1,216 112.97

Location

Kilmarnock is located within within the East Ayrshire Local Authority Region approximately 24 miles south of Glasgow, 9 miles east of Irvine, 14 miles north of Prestwick and 17 miles north of Ayr

The town has a population of approximately 45,000 and is the principal retail center for East Ayrshire

More specifically, the subjects are situated within the heart of Kilmarnock Town Centre on the west side of King Street which is Kilmarnock's main retail street and is near the Burns Mall

Neighbouring occupiers include Marks & Spencer’s, Card Factory, o2, Bon Marché, Savers.