Shepherd · 22 Oct 2026 · in 3 days
Retirement sale of long established business, Kilmarnock
Oceans 11, 19 Fowlds Street, Kilmarnock, East Ayrshire · Scotland
LiveLeisure
- Guide
- £150,000
- Rent a year
- ≈£14,800est.
- Yield on the guide
- ≈9.9%est.
- Payback
- ≈10 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 2,195 sq ft
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.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
Shepherd 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
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Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Shepherd's record
Shepherd's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Leisure lot in Kilmarnock.
Type: Restaurant, Hospitality & Leisure, Business. Retirement sale of long established business. May lease. Consistently profitable. Scope to develop business further. Partial rates remission available to qualifying ocupiers. 203.9 sq. m. (2,195 sq. ft.). Offers over £150,000. **FOR SALE BY LIVE STREAMED ONLINE AUCTION 22ND OCTOBER 2026** The subjects comprise bar/restaurant premises occupying the upper floor of a prominent two storey end terrace building. Internally the premises are well appointed in a classic style and including a wide range of memorabilia. Seating is provided for around 50 diners including 32 in a raised dining area, there are also additional poseur tables and numerous bar stools around the 3 sided bar. The property includes a large well appointed commercial kitchen together with modern customer toilets. The overall accommodation is briefly summarised as follows: Bar Restaurant Area Kitchen Cellarage Customer W.C. Facilities Staff Office Oceans 11 is a long established and popular town centre bar/diner. Our clients have owned the business for over 33 years and have reluctantly decided to sell as they now wish to retire. The business trades from 11am until 12 midnight Monday - Wednesday, 11am until 1am Thursday to Saturday and 12 noon until 12 midnight on Sundays. The current owners operate the business essentially under management, full details of the staff complement and accounts information is available upon request. All equipment is owned outright with the exception of the pool table, fruit machine and one of the juke boxes. Guide Price £150,000. The subjects occupy a prominent corner location on the junction of Fowlds Street and Titchfield Street in the heart of Kilmarnock town centre in an area of mixed commercial use. Kilmarnock is the principal settlement in the East Ayrshire Council area with a resident population of around 46,500. The town's prime pedestrianised shopping area on King Street is a short distance to the north with the property positioned at a busy road junction.
Figures come from Shepherd's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.