One of Kilmarnock's biggest retail buildings is being flogged for £1.5 million.
WH Smith is being sold in the town centre with a hefty asking price attached.
The near 7,500 sq ft shop has been located in the town for many decades and recently added a Post Office counter at the rear of the store.
There is no suggestion that any sale of the building could impact on the retailer's occupancy. Although the sales pitch does state that WH Smith's 15-year tenancy on King Street comes to an end in October 2024 with the current passing rent at £179,788 per annum.
The sales pitch from Singer Vielle states: "King Street is the town’s principal pedestrianised retail thoroughfare. The subject property occupies a 100 per cent prime retailing pitch on the east side of King Street. Other nearby occupiers include Marks & Spencer, Boots, O2, Bank of Scotland and Specsavers.
"The Burns Mall Shopping Centre is immediately to the north and benefits from a 430 space car park. Sturrock Street West Public Car Park is immediately to the rear of the subject property and provides 62 parking spaces."
The agent says the 'attractive' opportunity to acquire the entire property has "future development potential."
They go on to say there is also the potential to "negotiate a longer lease with existing tenant."
However, an error in the promotional material showcases Goldsmiths being in the town centre, despite closing in March this year.
WH Smith has not responded to our request for comment.
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