Initial price	£750,000
17/08/24	£695,000
Price Change	-7.33%

This is a fantastic investment opportunity in the North Ayrshire town of Kilwinning, featuring a modern unit extending to 3,916.98 sq ft, let to Tesco Extra since 2009. The property has a guide price of £750,000 and produces a gross annual yield of 8% with a tenanted rent of £60,000 per annum. The new lease was signed in November 2023, with a rent review in January 2029. The property has a rateable value of £17,900 and is situated on the north side of Kilwinning high street, with nearby retailers including Co-op, Optical Express, and Lloyds Pharmacy. With Tesco's strong financial performance, this is a sought-after tenant with a 27.3% share of the grocery market. The property is open to immediate offers and is set to feature in an upcoming timed online auction.