Property for sale

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Property for sale

76 Main Street, Kilwinning, KA13 6AN
£695,000

Price History

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

Description

This is an excellent investment opportunity with a Grade A tenant, Tesco Extra, paying £60,000 per annum. The property, with a guide price of £695,000, produces a gross annual yield of 8.6%. The modern unit has been let to Tesco since 2009 and has a new lease signed in November 2023 with a rent review in January 2029. The property extends to 3,916.98 sq ft and has a rateable value of £17,900. With Tesco being the UK's biggest supermarket chain, this property is sure to appeal to commercial landlords looking for a fantastic investment with a sought-after tenant. The location is also ideal, situated in the popular North Ayrshire town of Kilwinning, with excellent transport links across Ayrshire and South West Scotland, just 21 miles from Glasgow.