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Tenanted Freehold Commercial Investment
Address
See address
Auction date
12 Nov 2026
Guide price
£225,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming
Description
A tenanted, two-storey freehold commercial property in a prominent Irvine town-centre trading position, let to a company and producing stated annual rent of £25,000.
- Full building arranged over two floors, with the upper floor sublet
- Ground-floor net area: 207.6 sq m
- Let to Luxury Leisure (trading as Admiral) on a full repairing and insuring lease; the listing refers to a 10-year lease from 3 October 2021
- Rent: £25,000 per annum; approximate yield stated as 11%
- Rent review every fifth year; the 2026 review is outstanding and capable of being exercised
- Tenant break option in October 2026 was not exercised
- Nearby occupiers include national retailers, food shops and leisure businesses
The freehold tenure offers ownership of the building, while the existing letting provides an investment opportunity with stated rental income. Buyers should note the outstanding rent review and consult the sale documents for the full lease and completion details.
Last update: 07 Nov 2026
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