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Investment property with long-term lease

Dalry, KA24 - Get Access

Description

This tenanted ground floor retail unit is located within a prime location in Dalry. The property comprises a spacious ground floor retail unit within a charming two-storey plus attic building, approximately 1,036 sq ft. The property currently generates £625 PCM / £7,500 PA, providing an exceptional gross yield of 10.7% based on a guide price. This is an outstanding opportunity for investors seeking high yield potential, offering steady income and great returns. The property benefits from its prime location on the main street, ensuring maximum visibility and accessibility. This is sure to appeal to commercial landlords seeking a strategic investment in a bustling area. The current rateable value is £6,500, so it qualifies for business rates relief. It benefits from a long-term, secure lease agreement running from October 2024 to October 2029. Dalry is a charming town in North Ayrshire, Scotland, known for its rich history and vibrant community. Located conveniently close to major transport links, it provides an excellent mix of urban amenities and countryside beauty, making it a desirable location for both businesses and residents.
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Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,036 sq ft (Listing)

Valued as a ground floor retail unit located in Dalry, featuring an advertised floor area of 1,036 sq ft. The property is currently tenanted with a secure lease generating £7,500 per annum, and presents a condition score of 4/10 requiring internal cosmetic and structural finish updates.

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