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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

Prominent double-fronted commercial unit. Benefits from Class 2 Retail Consents. Freehold Sale. HIGH VOLUMES OF PASSING TRADE. Popular area. May be suitable for change of use or class 3 consents.

RATES The current rateable value is £7,100. The current Uniform Business Rate for the financial year 2024/2025 is 49.8p per pound of Rateable Value excluding water and sewerage charges.

Prominent double-fronted unit with Large car parking area. Potential for 100% rates relief. NET AREA: 79.82 Sq.M (859 Sq.Ft). EPC Rating - Band F. Regular train links to Ayr, Largs and Glasgow.

Rent potential £6,900 Per Annum. Net Area: 859 Sq.Ft. Excellent affordable investment with potential of great returns. Full Rates relief available under Small Business Bonus scheme.

Saltcoats is located around 35 miles south west of Glasgow within the ‘Three Towns’ area of the North Ayrshire region, which together with the neighbouring towns of Ardrossan and Stevenston.

The subjects comprise a ground floor end terraced, double fronted retail unit within a two-storey building of concrete framed construction with cavity brickwork walls, with a pitched and concrete tiled roof, connecting to a single storey rear extension of blockwork construction rendered externally with a flat roof. Internally, the retail area is open plan with a staff kitchen, staff WC, ladies and gents WCs and disabled customer WC's, and is suitable for a number of uses. Saltcoats is a popular commuter base approximately 10 minutes from Irvine, 20 minutes from Kilmarnock and Ayr. Access to Glasgow City Centre in under 1 hour via road and rail. HIGH TENANT DEMAND LOCALLY FOR FREEHOLD SHOP. Established residential locale with easy walking distance of the Town Centre and amenities. Ideal buy to let investment in high rental demand area. Perfect rental property due to price and location. Saltcoats is located 31 miles south of Glasgow, 21 miles north of Ayr, 15 miles west of Kilmarnock. According to a 2020 survey carried out by Zoopla: Ayrshire and Inverclyde are considered to be 2 of the top 3 buy to let investment areas in the whole of the UK.

Saltcoats has a resident population of 12,717 persons (Census 2011) and serves as the main retail focus for the towns of Stevenston and Ardrossan. The town has a main line railway station connecting Saltcoats to Largs, Ardrossan, Ayr and Glasgow. Prestwick International Airport is situated approximately 14 miles to the south via the A78 and A77. Saltcoats is situated on the west coast of Scotland, within North Ayrshire. The subject property is situated to the south of Old Raise Road, west of the junction with High Road. The surrounding area is of mixed commercial and residential use, with commercial occupiers including Singh is King Hot Food Take Away, Crystal Garden Chinese Take Away, McColls Convenience Store, The Mayfield Café, and Tesco.

Full Address: 41-43 Old Raise Road, Saltcoats, KA21 5RB

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Pricing Information & Bidding

Opening Bid: £30,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 12 December 2024, 10am-3pm
Type: Timed Online Auction

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