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Heritable Commercial Development Site with Income

Heritable Commercial Development Site with Income

Address

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Auction date

19 Nov 2026

Guide price

£365,000

Type

Commercial

Tenure

Freehold

EPC Rating

A

Status

Upcoming

Auction location placehbolder

Description

This expansive commercial site in Kilmarnock is currently let and offers an established rental income alongside potential for alternative development, subject to planning and other necessary consents. The mostly cleared land includes storage facilities, containers and an office/store building, with space also used for vehicle and machinery storage.

  • Heritable tenure
  • Site area approximately 13,234 sq m (1.323 hectares / 3.27 acres)
  • Includes a self-standing office/store of approximately 99.8 sq m
  • Let to Scotland Gas Networks Plc for 15 years from 1 April 2021
  • Current rent stated as £40,000 per annum
  • Tenant and landlord break clauses listed for 30 September 2030 and 31 March 2033
  • Japanese knotweed is reported within the title boundary; underground treatment has been underway since 2024
  • EPC rating: A
  • Possible development or owner-occupier use, subject to consents

The income-producing holding may appeal to investors as well as developers or owner-occupiers considering future use, with planning requirements and the reported knotweed treatment to be assessed as part of due diligence. The property is offered on a heritable basis, the Scottish equivalent of freehold tenure.

Last update: 22 Oct 2026

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