52 King Street, Cash Generator Investment, Kilmarnock, KA1 1NP

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

Future Property Auctions hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

History

• First listed on Cornerlot 11 Oct 2026.
• Guide cut from £177,000 to £157,000 (11% lower), 18 Oct 2026.

Future Property Auctions' record

About the lot

Freehold commercial lot in Kilmarnock. Producing £25,000 a year, a 14.0% gross yield at the guide.

Commercial Investment. ***INCOME PRODUCING COMMERCIAL INVESTMENT*** Mid-terraced unit within a larger 2 storey commercial development. 143.34sqm (1,542sq ft) over ground and 1st floor FRI lease producing £25,000 pa. The property is held on a FRI lease on the following terms; Tenant: Cash Generator. Passing Rent £25,000pa. Term: 26th Oct 2019 - 30th October 202. Rent Review 1st Nov 2024 (outstanding). Internally the property is presented in the tenants corporate specifications with commercial carpet tile throughout, suspended acoustic tile ceiling with recessed L.E.D and fluorescent panels. Access to the upper floor is via a single staircase to the rear of the demise with partitions erected to form staff room, stores and w.c with rear access to a common loading area at ground floor. The property extends to the following new internal floor area; Ground: 100.75sqm (1,084sq ft). 1st: 42.59sqm (458sq ft). Total: 143.34sqm (1,542sq ft). ***INCOME PRODUCING COMMERCIAL INVESTMENT*** Mid-terraced unit within a larger 2 storey commercial development. 143.34sqm (1,542sq ft) over ground and 1st floor FRI lease producing £25,000 pa. The property is held on a FRI lease on the following terms; Tenant: Cash Generator. Passing Rent £25,000pa. Term: 26th Oct 2019 - 30th October 202. Rent Review 1st Nov 2024 (outstanding). Internally the property is presented in the tenants corporate specifications with commercial carpet tile throughout, suspended acoustic tile ceiling with recessed L.E.D and fluorescent panels. Access to the upper floor is via a single staircase to the rear of the demise with partitions erected to form staff room, stores and w.c with rear access to a common loading area at ground floor. The property extends to the following new internal floor area; Ground: 100.75sqm (1,084sq ft). 1st: 42.59sqm (458sq ft). Total: 143.34sqm (1,542sq ft). Tenancy: Type of Agreement: Full Repairing & Insuring (FRI). Length: 4 Years. Rent: £25,000 per year / £2,083 per month. Yield: 16% (approx). Tenant: Company. Notes: Tenant: Meecsa UK Ltd trading as Cash Generator. Passing Rent £25,000pa. Term: 26th Oct 2019 - 30th October 2029. Rent Review 1st Nov 2024 (outstanding). The property is located on the east side of King Street adjacent to its junction with Sandbed Lane, within the pedestrianised precinct in Kilmarnock’s town centre. Neighbouring occupiers include Boots Pharmacy, Bank of Scotland and WH Smith. Kilmarnock is the main retail centre for East Ayrshire with a resident population of c. 44,000 persons with a wider catchment in excess of 150,000 persons. Kilmarnock is approx 22 miles from Glasgow and is well serviced by transport links via the M77, rail connections and Glasgow and Prestwick airports within 30 mins drive.