High Street Retail Investment Passing £22,500p.a.
Summary
- Town Centre Full Building Held On F.R.I Lease Let to: The Rangers Store Expiry 3rd October 2027 Passing Rent: £22,500p.a.x Price: o/o £275,000
- Full Building
- Held On F.R.I Lease Let to: The Rangers Store
- Expiry 3rd October 2027
- Passing Rent: £22,500p.a.x
- Price: o/o £275,000
Location
Town Centre
Full Building
Held On F.R.I Lease
The property is situated on the east side of High Street within Ayr town centre.
Ayr is a popular coastal market town with a population of circa 46,000 persons and is the principal commercial town in Ayrshire benefiting from excellent transport links.
Ayr is situated on the forth of Clyde with the A77 running to the East connecting with Kilmarnock 12 miles north east and Glasgow approx 30miles north East
Get directions from Google Maps
Mainline Stations
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Ayr5 mins
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Newton-On-Ayr17 mins
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Prestwick Town55 mins
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Prestwick International Airport65 mins
Underground Station
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Chesham5934 mins
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Amersham5972 mins
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Chalfont and Latimer5999 mins
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Chorleywood6032 mins
Further Information
Price Offers in excess of £275,000
Rates Payable Upon Enquiry
Description
Town Centre
Full Building
Held On F.R.I Lease
Let to: The Rangers Store
Expiry 3rd October 2027
Passing Rent: £22,500p.a.x
Price: o/o £275,000
The premises comprise a prominent ground and first floor retail unit all contained within a two storey traditional brick property with a pitched and slate roof.
The premises have been fully fitted to the tenant's standard specification over ground floor with the first floor comprising ancillary storage, office and staff areas.
Area
The property extends to the following internal area;
Ground: 138.58sqm (1,492sq ft)
First: 146.19sqm (1,574sq ft)
Total: 284.77sqm (3,065sq ft)
Lease Summary
The property is held on a full repairing and insuring head lease on the following terms;
Tenant: J Carter Sporting Club Ltd t/a The Rangers Store
Expiry: 3rd October 2027
Passing Rent: £22,500p.a.x
Sale
The property is available on a freehold basis for o/o £275,000
V.A.T
The property has been elected for V.A.T. as such the transaction may be treated as a T.O.G.C (transfer of a going concern)
E.P.C.
Available on request
Lease & Title
Available on request
Legal
Each party shall bear their own legal costs incurred in the transaction
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.
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