Portland Street, Troon KA10 Property for sale

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Portland Street, Troon KA10 Property for sale

Portland Street, Troon KA10
£192,000

Price History

Initial price £225,000
02/08/25 £192,000
Price Change -14.67%

Description

This property is a unique opportunity to purchase a mixed-use commercial and residential site in the heart of Troon town centre. The site comprises two retail/studio units, a workshop, and three offices, as well as a garage/store, and is situated on a 0.11 hectare plot. The property has a rich history, with the front-facing building dating back around 120 years, and the rear workshop and office building appearing to be around 60 years old. The site is currently occupied by seven tenants, with short-term leases, and the current passing rent is £22,000 per annum. The property is being sold through a timed online auction, with a reduced buyers fee of 3% of the sale price, and is expected to attract strong interest from investors and developers due to its prime location and potential for redevelopment.