Troon Town Centre Retail Investment | Held on F.R.I Lease To Stewart Travel | Expiry 2029 Passing £20,000p.a. | Price £265,000

 

Summary

  • Town Centre Retail Investment
  • Ground Floor Property
  • High Volume Of Passing Traffic
  • Let on F.R.I Lease to Stewart Travel
  • Passing £20,000p.a.
  • Expiry 2029
  • Price: £265,000

Location

The property is situated on the south east side of Portland Street, the main commercial thoroughfare within the town of Troon.

Troon is a town in South Ayrshire, situated on the west coast of Scotland, about 8 miles (13 km) north of Ayr and 3 miles (5 km) northwest of Prestwick Airport. Troon has a population in excess of 14,750 with a further catchment from Prestwick, Ayr & Barassie. Neighbouring occupiers include Lido Restaurant, D W Shaw Solicitors & Estate Agents, Subway, Greggs, Morrisons.

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Further Information

Price £265,000

Rates Payable Upon Enquiry

Service Charge n/a

Estate Charge n/a


Description

The property comprises a ground floor commercial unit set within a larger 2 storey traditionally constructed mixed use development of brick construction surmounted by a pitched roof.

The property offers a large display frontage with dual display windows.

Internally the property is presented in accordance with the tenants corporate specifications. Partitions have been erected to the rear to form staff w.c. facility, tea prep and stores.

Area

238.44sqm (2,566sq ft)

Lease Summary

The property is held on a full repairing and insuring head lease to Stewart Travel expiring 17th July 2029 at a passing rent of £20,000p.a. The tenants break option in 2024 was not exercised.