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Tenanted Commercial

23 The Square, Mixed Use Portfolio, Cumnock, Ayrshire, KA18 1AU

£131,000
Commercial
About this Property
2025-02-20
131000
Traditional
Commercial
Description

tatus: Available Type: Commercial Ownership: Freehold Occupation: Tenanted Rateable Value: Search IMMEDIATE INCOME PRODUCING INVESTMENTLicensed Public House & 2 Apartments. Full building producing £18,000 per annum on a FRI lease with 10 years remaining. Internally the property offers an open plan diner with central servery along with male, female and disabled w.c facilities with large cellar and ancillary storage within the basement. The first floor accessed from Bank Lane to the rear which offers 2 residential apartments one with 2 bedrooms, lounge and kitchen, the other as a bedsit style with open plan lounge / kitchen / bed. The property is held on a full repairing and insuring lease: Tenant: Istanbul Grill Cumnock Ltd Expiry: 19th June 2034 Passing Rent: £18,000 per annum Rent Review & Tenant Break: 20th June 2029 The Square in is a vibrant, central part of this historic town, combining local amenities, cultural heritage, and community life. It’s an essential stop for visitors and a cherished area for residents IMMEDIATE INCOME PRODUCING INVESTMENTLicensed Public House & 2 Apartments. Full building producing £18,000 per annum on a FRI lease with 10 years remaining. Internally the property offers an open plan diner with central servery along with male, female and disabled w.c facilities with large cellar and ancillary storage within the basement. The first floor accessed from Bank Lane to the rear which offers 2 residential apartments one with 2 bedrooms, lounge and kitchen, the other as a bedsit style with open plan lounge / kitchen / bed. The property is held on a full repairing and insuring lease: Tenant: Istanbul Grill Cumnock Ltd Expiry: 19th June 2034 Passing Rent: £18,000 per annum Rent Review & Tenant Break: 20th June 2029 The Square in is a vibrant, central part of this historic town, combining local amenities, cultural heritage, and community life. It’s an essential stop for visitors and a cherished area for residents The Square in Cumnock, East Ayrshire, serves as a central focal point in this historic market town. It is a hub of activity, combining local amenities, historical landmarks, and community spirit. Cumnock itself is known for its rich heritage, ties to the mining industry, and its role as a key town in Ayrshire.

The Square is home to a variety of local businesses and essential services, including: Independent retailers, such as clothing shops, florists, and gift stores. Convenience stores, including bakeries and small grocery shops. Service-based businesses like banks, estate agents, and pharmacies. Larger shopping options are available at Ayr Road Retail Park and nearby towns, but The Square retains its charm with local, community-focused stores. Cumnock is well-connected by road, with A76 providing easy access to Ayr, Kilmarnock, and Dumfries. Regular bus services link Cumnock with nearby towns and cities. Although there is no train station in Cumnock, Auchinleck railway station is a short drive away, offering connections to the national rail network. Full Address: 23 The Square, Mixed Use Portfolio, Cumnock, Ayrshire, KA18 1AU

Location
More Information
Freehold
The Square
Commercial
Planing Authority
East Ayrshire
Sold Price History
20 Feb 2025Unsold Lot Future Auctions£97,000
11 Apr 2025Unsold Lot Future Auctions£150,000
04 Jul 2025Unsold Lot Future Auctions£101,000

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