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Property for sale
76 Main Street, Kilwinning, KA13 6AN
£695,000
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 a fantastic investment opportunity in Kilwinning, a North Ayrshire town with excellent transport links to Glasgow and the surrounding areas. The property is a modern unit extending to 3,916.98 sq ft, let to Tesco Extra since 2009, with a new lease signed in November 2023 and a rent review in January 2029. The tenant pays £60,000 per annum, producing a gross annual yield of 8%. The property has a rateable value of £17,900 and is a grade A tenant, with Tesco being one of the UK's largest supermarket chains. The unit is located on the high street, surrounded by other retailers, and is sure to appeal to commercial landlords looking for a high-yielding investment with a sought-after tenant. The guide price is set at £750,000, making it an excellent opportunity for investors to secure a fantastic return.