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Vacant Commercial Lot 15
Address
See address
Auction date
16 Jul 2026
Guide price
£255,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming

Description
This vacant commercial property presents a significant investment opportunity. Spanning a large area, the property is ideal for various development projects, offering potential rental returns that could reach up to £60,000 per month or an annual rental value of approximately £40,000. With its rich history as one of Scotland's last traditional lace mills, built circa 1886, it consists of interconnected industrial buildings across three levels, making it perfect for subdividing into smaller units.
- Freehold ownership status
- Vacant occupation
- Area: 46,000 sq ft (approx. 4273.69 sq m)
- Excellent redevelopment potential, requiring refurbishment
Located in the picturesque town of Newmilns within the Irvine Valley, this property is conveniently positioned just 7 miles east of Kilmarnock and 24 miles south of Glasgow, making it accessible for various commercial ventures. If you're looking to invest in a prime piece of property with rich historical significance and development possibilities, this is an opportunity not to be missed.
Last update: 10 Jul 2026





