GUIDE PRICE

Deadline for Offers

16 April 2021, 4pm

Bidding Closes in

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Tenanted
  • Rateable Value Search SAA

Description

Full Address: 50 Portland St, Let Salon Investment, Troon, KA10 6EA

100% Prime TROON Centre Shop SANDWICHED BETWEEN WHSMITH and POUNDLAND vacant. Same parade as Greggs, Bargain B's, Marie Curie, Farmfoods. Single storey with excellent frontage in best spot in town. ***Ideal Investment Property.*** TENANTED AT 7,200 Per annum Rising to 8,200 ***

PRIME RETAILING spot in Troon in bright, sunny parade with a niche boutique mix of quality tenants WHSMITH, GREGGS included SINGLE STOREY. The property is let on a let to 5-a-Day Produce Ltd for a period of 5 years from 19th November 2020 with tenant option to extend for a further 5 year period. The passing rent is 7,200 p.a. for the first 3 years of the agreement rising to 8,200 p.a. for years 4 and 5

Qualifies for 100% rates relief which would only make the property more attractive to tenants + occupiers. Attractive FRONTAGE. Comprising; Front Shop Area, Rear Shop area/Storage area. Toilet/WC facilities. Circa 600 square feet.

AFFLUENT Troon is a popular town in South Ayrshire. It is situated on the west coast of Scotland, about 8 miles (13 km) north of Ayr and 3 miles (5 km) northwest of Glasgow Prestwick International Airport. Lying across the Firth of Clyde, the Isle of Arran can be seen. POPULAR YACHT MARINA nearby.

Great trading location. Rarely available 100% prime shop which provides an ideal rental potential or owner occupation property. Excellent Investment Property set in a popular location. Open For immediate offers. Please contact our office to discuss.

100% Prime TROON Centre Shop SANDWICHED BETWEEN WHSMITH and POUNDLAND vacant. Same parade as Greggs, Bargain B's, Marie Curie, Farmfoods. Single storey with excellent frontage in best spot in town. ***Ideal Investment Property.*** TENANTED AT 7,200 Per annum. PRIME RETAILING spot in Troon in bright, sunny parade with a niche boutique mix of quality tenants WHSMITH, GREGGS included SINGLE STOREY. The property is let on a let to 5-a-Day Produce Ltd for a period of 5 years from 19th November 2020 with tenant option to extend for a further 5 year period. The passing rent is 7,200 p.a. for the first 3 years of the agreement rising to 8,200 p.a. for years 4 and 5. Qualifies for 100% rates relief which would only make the property more attractive to tenants + occupiers. Attractive FRONTAGE. Comprising; Front Shop Area, Rear Shop area/Storage area. Toilet/WC facilities. Circa 600 square feet. RARELY AVAILABLE OPPORTUNITY TO BUY A 100% PRIME LOCATED SHOP IN TROON.

AFFLUENT Troon is a popular town in South Ayrshire. It is situated on the west coast of Scotland, about 8 miles (13 km) north of Ayr and 3 miles (5 km) northwest of Glasgow Prestwick International Airport. Lying across the Firth of Clyde, the Isle of Arran can be seen. POPULAR YACHT MARINA nearby. Great trading location. Rarely available 100% prime shop which provides an ideal rental potential or owner occupation property.

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length:
Rent: 7,200 per year / 600 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes: The property is let on 5 years from 19th November 2020 with tenant option to extend for a further 5 year period. The passing rent is 7,200 p.a. for the first 3 years of the agreement rising to 8,200 p.a. for years 4 and 5

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  LEGAL PACK (Pending)

Location

Pricing Information & Bidding

Guide Price: £73,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 16 April 2021, 4pm
Type: Deadline for Offers

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