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Commercial property with development potential
Newmilns, KA16 - Get Access
Description
Commercial Premises (49,693 sq ft) of multiple interlinking industrial buildings. Superb investment and development opportunity. Similar buildings locally have been restored for various purposes. Opportunity to generate £60,000 per month as storage facility or £40,000 per annum rental value. Ideal for a multitude of development opportunities. Requires refurbishment throughout with ample re-development potential (subject to planning and relevant consents).
Newmilns is set in the Irvine Valley, East Ayrshire, and this wonderful building sits solidly by the river Irvine. Newmilns is only 7 miles east of Kilmarnock on the A71, 19 miles north of Ayr and 24 miles south of Glasgow, therefore it is a reasonable commute address for these areas.
Brown Street in Newmilns is in Scotland. The postcode is within the Irvine Valley ward/electoral division, which is in the UK Parliamentary Constituency of Kilmarnock and Loudoun.
A superb investment opportunity to be the owner of one of the world’s last traditional Scottish lace mills. This beautiful Victorian building was built circa 1886 to be occupied as a Lace Mill. The property is a complex of interconnected buildings set over 3 levels (Ground, First and Second) with several staircases, making it ideal for splitting into smaller units. 88-90 Brown Street is a traditional Victorian brick built building, with cast iron pillar and wood beam construction, with a pitch pine floor and slate roof.