Description
RETAIL INVESTMENT*** in Prime Position in Affluent Town Ground Floor Property with HIGH VOLUME OF PASSING TRAFFIC Let on F.R.I Lease to Stewart Travel Strong Covenant Travel Agency
Ground floor commercial unit set within a larger 2 storey traditionally constructed mixed use development of brick construction surmounted by a pitched roof. Ground: 125.6sqm (1,352sq ft)
Internally the properties are presented in accordance epithet he tenants corporate specifications. Partitions have been erected to the rear to form staff w.c. facility, tea prep and stores.
PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £20,000 PER ANNUM - Low Rent. Market rental £26-28,000 pa
RETAIL INVESTMENT*** in Prime Position in Affluent Town Ground Floor Property with HIGH VOLUME OF PASSING TRAFFIC Let on F.R.I Lease to Stewart Travel Strong Covenant Travel Agency 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. Ground floor commercial unit set within a larger 2 storey traditionally constructed mixed use development of brick construction surmounted by a pitched roof. Ground: 125.6sqm (1,352sq ft) Internally the properties are presented in accordance epithet he tenants corporate specifications. Partitions have been erected to the rear to form staff w.c. facility, tea prep and stores. PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £20,000 PER ANNUM - Low Rent. Market rental £26-28,000 pa
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.
Full Address: 38 Portland Street, Troon, KA10 6EA
Show MoreMap & Location
Map Street View SatelliteTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 3 Years
Rent: £20,000 per year / £1,667 per month
Yield: 9% (approx)
Tenant: Company
Notes: 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.
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Pricing Information & Bidding
Guide Price: £220,000
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- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
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