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61-63 King St 1,216 SF Retail Condo Unit Offered at $286,957 in Kilmarnock KA1 1PT
INVESTMENT HIGHLIGHTS
- Good level of footfall
- Neighbouring occupiers include Marks and Spencer's, O2, Bon Marche and Savers
- Situated within the heart of Kilmarnock
EXECUTIVE SUMMARY
Well-fitted class 3 unit located in heart of Kilmarnock Town Centre. 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 Mal.
PROPERTY FACTS
| Total Building Size | 14,740 SF | Typical Floor Size | 3,804 SF |
| Property Type | Retail (Condo) | Year Built | 1955 |
| Building Class | B | Lot Size | 0.10 AC |
| Floors | 4 |
| Total Building Size | 14,740 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 3,804 SF |
| Year Built | 1955 |
| Lot Size | 0.10 AC |
AMENITIES
- Monument Signage
1 UNIT AVAILABLE
Unit 61-63
| Unit Size | 1,216 SF | Sale Type | Investment |
| Price | $286,957 | Tenure | Freehold |
| Price Per SF | $235.98 | Cap Rate | 9.30% |
| Condo Use | Retail | NOI | $26,693.72 |
| Unit Size | 1,216 SF |
| Price | $286,957 |
| Price Per SF | $235.98 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 9.30% |
| NOI | $26,693.72 |
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.
SALE NOTES
Offers over £215,000 are invited for our client's
heritable interest with the benefit of the existing leases.
61-63 King Street img 2
61-63 King Street img 1
NEARBY MAJOR RETAILERS
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61-63 King St
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