The subjects comprise a ground floor retail shop within a red sandstone tenement

 

Summary

  • Main arterial route
  • High levels of footfall
  • VAT free rent
  • Excellent transport links
  • Rates exemption potential
  • 81.10 sqm (873 sq ft)

Accommodation

The accommodation comprises the following areas:

Floor/UnitBuilding Typesq ftsq m
Ground Retail 873 81.10
110 John Finnie Street - IMG_7123.JPG

Location

Kilmarnock is situated in East Ayrshire and serves as the main administrative centre of the Council. The town sits approximately 23 miles south west of Glasgow, 15 miles north east of Ayr and can be accessed by the main arterial route of the M77 motorway.

The premises sit on the east side of John Finnie Street (A735) close to its junction with Bank Street. John Finnie Street forms part of the town centre ring road and is a busy thoroughfare immediately west of the town centre retail area. The situation of the subjects benefit from a high level of passing pedestrian and vehicular traffic. Good public transport links are available close by with Kilmarnock train station taking less than 10 minutes’ walk. Surrounding occupiers include RBS Kilmarnock, Procurator Fiscal and Neil McPherson Solicitors.

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Further Information

Rent £12,500 per annum

Rates Payable £5,478 per annum the occupier may be eligible for rates relief, subject to status.


Description

The subjects comprise a ground floor retail shop within a red sandstone tenement building. The upper floors are residential in nature.

The shop has a stone/glazed frontage under an illuminated fascia board and is accessed via a single pedestrian door. Internally, the space is open plan with a kitchen, store and WC. The floor is covered in tiles, the walls are of plaster/paint and partially covered in slatwall panels. The plaster/paint ceiling incorporates round LED lighting. There is no gas supply to the property and space heating is provided electrically.

Lease Terms

The subjects are available to lease on full repairing and insuring basis, for a term to be agreed, at a rent of £12,500 per annum.

Full quoting terms are available upon request.

Rateable Value

According to the Scottish Assessors Association, the subjects have a Rateable Value of £11,000.

The occupier may be eligible for rates relief, subject to status.

EPC

A copy of the Energy Performance Certificate (EPC) is available upon request.

VAT

The subjects are not elected for VAT, therefore, VAT is not payable.

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