Auction House London

Lot 56

 

7-9 Cross Street

Galston, Ayrshire, KA4 8AA

£150,000+

Guide Price

A Commercial Investment Producing £21,000 Per Annum

Description

The property comprises a basement and ground floor double fronted commercial unit situated within an end of terrace building arranged over basement, ground and first floors.

Tenure

Leasehold. The property is held on a 99 year lease from 30th March 1967 (thus approximately 51 years unexpired).

Location

Cross Street is located in the heart of Galston town centre. Nearby multiples include Ladbrokes and Bank of Scotland. Transport links are provided by the A71 allowing direct access to Kilmarnock.

Tenancy

The property is let to Co-operative Wholesale Society Ltd on an FRI lease from 21st January 1968 to 28th May 2020 at a rent of £21,000 per annum. Rent paid half yearly.

Accommodation (2nd Column)

Basement Floor
Storage Area
Store Room
WC with wash basin

Ground Floor
Retail Area
Sub Post Office
Office
Two Store Rooms

Viewing Details

Sold Prior

Bold Black Text

Current Rent Reserved £21,000 per annum

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007

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Enquire about 7-9 Cross Street, Galston, Ayrshire, KA4 8AA

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