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6-10 Titchfield St
Kilmarnock KA1 1PH
Property For Lease

HIGHLIGHTS

  • Town Centre location
  • Class 3 hot food premises
  • No VAT payable on the rent
  • Rare opportunity to lease
  • Potential for rates exemption

PROPERTY FACTS

Property Type Retail
Property Subtype Storefront
Gross Leasable Area 3,352 SF
Year Built 1965

ABOUT THE PROPERTY

LOCATION Kilmarnock is situated in East Ayrshire, Scotland and serves as the main administrative centre of the Council. The town sits approximately 23 miles south west of Glasgow, 15 miles north east of Ayr and can be accessed by the main arterial route of the M77 motorway. The property is prominently situated at the top of Titchfield Street, at the junction with Fowlds Street which forms part of the Kilmarnock Ring Road. The situation of the subjects benefit from a high level of passing pedestrian and vehicular traffic due to their proximity to Kilmarnock Town Centre. DESCRIPTION The property comprises a ground floor end terraced retail unit contained within a two-storey building of masonry construction under a flat roof. The subjects benefit from hot food (Class 3) use. Internally, the shop is laid out with a serving area to the front which inter-connects to the kitchen to the rear. A custom built 3 pan fish and chips fryer dominates the serving area. The commercial kitchen to the rear of the property is fitted out to a professional standard with extract ventilation and a range of units and fitments. An EPOS till system is installed along with a Hikvision CCTV security system. The subjects previously traded as HOOK’D Modern Fish & Chips and, consequently, a new lease is available on a term to be agreed along with fixtures and fitting for a capital sum of £65,000. We have been advised of the takeaway previously trading with a sale in excess of £5,000 per week. ACCOMMODATION The subjects provide the following approximate floor area; Net Internal Area; 43.22 sq m (465 sq ft) The above areas have been calculated on a Net Internal Area basis in compliance with the RICS Code of Measuring Practice (6th edition). LEASE TERMS The subjects are available to lease on a full repairing and insuring basis, for a term to be agreed, at a rent of £8,500 per annum. Full quoting terms are available upon request. RATEABLE VALUE According to the Scottish Assessors Association, the subjects have a Rateable Value of £5,300. As the Rateable Value falls below £15,000, the owner/occupier may be eligible for 100% rates relief, subject to status. ENERGY PERFORMANCE A copy of the Energy Performance Certificate (EPC) is available upon request. VAT The subjects are not elected for VAT, therefore, no VAT is payable on the rent. LEGAL COSTS Each party will be responsible for their own legal costs. ENTRY Entry will be available on completion of legal formalities.

  • Restaurant
  • Security System
  • Storage Space
  • Listing ID: 24014787

  • Date on Market: 9/1/2021

  • Last Updated:

  • Address: 6-10 Titchfield St, Kilmarnock KA1 1PH

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