Commercial property for sale in 28, Craigens Road, Cumnock, East Ayrshire KA183Ar KA18

Guide price £25,000
Commercial property for sale
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Property features

  • *** Former Chinese Take Away Restaurant - class 3 Hot Food Takeaway *** Sure to appeal to landlords looking for a High yielding investment Opportunity, 19% rental yield Potential.
  • Comprises - Front and rear main door entrances with security roller shutter, Reception area, kitchen area, toilets and store room.
  • Excellent Rental potential of £150 per week, £7,000 - £8,000 per annum. *** VAT free property*** ideal investment purchase.
  • Property presented requiring full internal renovation prior to occupation. Historically operated as a hot food Chinese takeaway within the area of Ayrshire district of Cumnock.
  • New Cumnock benefits from great access to all of South and East Ayrshire. Popular parade of shops close to high residential area Lloyds Pharmacy

Property description

Hot Food (class 3 permission and Use) take away Restaurant in town centre location. Security roller shutter access and free parking available to the side and rear of the unit. Full Hot food Class 3 consents and permissions in placer for trading. Would generate an excellent rental return and long term investment purchase once tenanted and refurbished. Self contained premises on parade of shops - Freehold sale presented at realistic guide *** Former Chinese Take Away Restaurant *** Comprises - Front and rear main door entrances with security roller shutter, Reception area, kitchen area, toilets and store room. Located on a popular parade of shops beside local community centre and day to day convenience store *** Requires full refurbishment internally *** May be suited to change of use as a storage facility - Full vacant possession available upon completion. Price reduced for auction sale - Property presented requiring full internal renovation prior to occupation. Historically operated as a hot food Chinese takeaway within the area of Ayrshire district of Cumnock. Presented to the market on freehold sale basis - Renovation Required

New Cumnock benefits from great access to all of South and East Ayrshire. Local amenities include a number of independent traders and nationals such as the Co-operative supermarket. Transport links are available to Ayr, Kilmarnock and Glasgow. Historically operated as Chinese take away Class 3 Hot food unit. Previously operating successfully for a number of years building the business and customer base Popular parade of shops close to high residential area Lloyds Pharmacy, Petrol Station, Bakers *** Busy residential area *** Suitable for Small Business Rate Relief and no VAT is applicable on purchase price ***

Auction Details
03 December 2019,7.00pm
Glasgow Radisson Hotel, 301 Argyle Street, G2 8DL

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