Kirkpatrick, Girvan KA26 Property for sale

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Kirkpatrick, Girvan KA26 Property for sale

Kirkpatrick, Girvan KA26
£30,000

Price History

Initial price £45,000
05/11/24 £35,000
02/04/25 £30,000
Price Change -33.33%

Description

This fantastic commercial property in Girvan, Scotland, is a rare opportunity for shrewd investors to acquire a high-yielding investment property. With a guide price of £35,000, the property currently achieves £400 per month in rent, generating an annual income of £4,800 and a gross yield of 13%. The property has a long lease in place, commencing in 2024 and ending in 2034, and benefits from a rateable value of £1,950 per annum, making it eligible for small business rates relief. The property is located on a busy street near the waterfront, attracting a large passing footfall, and comprises a large sales area, kitchen, separate store area, and bathroom. With its excellent location, long lease, and high yield potential, this property is sure to appeal to investors looking for a reliable and lucrative investment opportunity.