A former bank in Ayrshire is up for grabs – and it could be yours for a steal.
The former RBS bank in Dalmellington Main Street is on sale – and it could be a nice little earner for a keen property hunter.
RBS closed the popular branch five years ago during a cost-cutting exercise.
But now the site’s come on the market with a price tag of just £59,500 – even the safe's included.
Selling the property is auctioneers National Property Auctions and they’re banking on a flurry of interest.
A spokesperson said: “Offering a unique development opportunity, the 1,248 sq. ft property comprises a large retail/office area to the front and two smaller offices off, as well as two WC areas and staff kitchen facilities – all at ground floor level.
“It stands in a great location in the town centre, close to a range of shops and amenities including a butcher, bakers, café, convenient store, post office and pharmacy.”
The development opportunities could include potential conversion to residential (subject to planning) or, with a programme of repair and upgrade, the property could be reinstated as a spacious commercial unit for resale or rental.
Additional value is offered by an ongoing five-year rental agreement (which expires March 2022) for the ATM at the front of the property – which currently provides an income of £3,300 per year.
It is understood RBS are keen to extend this agreement for a further five years with the possibility of an increased rental payable but an incoming buyer would need to undertake their own due diligence.
Mandi Cooper, managing director of National Property Auctions, said: “This property is considered suitable for a variety of alternative uses, subject to obtaining the appropriate planning permission, and is in a fantastic position in Dalmellington, less than 15 miles from the popular seaside town of Ayr.
“This, along with a highly competitive guide price, is sure to attract interest from developers, builders and commercial investors, and, therefore, we recommend early viewing to fully appreciate the value on offer."
Visit www.nationalpropertyauctions.co.uk for further details, along with a walkthrough video of the former RBS branch in Dalmellington.
Anyone interested in this property and looking to arrange a viewing should contact info@nationalpropertyauctions.co.uk or call 0330 0940 100.
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