41 King Street

The subjects comprise two new retail units arranged over the ground floor only of a substantial stone built building under a pitched and slated roof.

Kilmarnock is situated approximately 25 miles south west of Glasgow City Centre and along with Irvine and Ayr it is one of the principal towns in Ayrshire. The town has a resident population of approximately 44,000 with a district population estimated in the region of 90,000.

King Street is the main retailing thoroughfare for the town and the subjects occupy a prime location within this. Nearby occupiers include BHS, Marks & Spencer, H Samuel, 02 and Game Station. This is in addition to New Look upsizing to larger premises, with Home Bargains and Wilkinsons also recently taking space in the town.

Tenure

Leasehold

Lease Type

New Lease

Lease Term

The premises are available on the basis of new full repairing and insuring leases for a minimum of 10 years subject to 5 yearly upwards only rent reviews.

Costs

Each party will be responsible for their own legal costs incurred in this transaction with the ingoing tenant being responsible for stamp duty land tax, registration dues and VAT incurred thereon.