BIDDING OPENS in...

Map & Location

Map   Street View   Satellite

Description

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

Town Centre Location Main Retailing Pitch Ground & 1st Floor Let To Card Factory Expiry 8th June 2028 Passing Rent £30,000p.a.x.

The property is situated on the west side of High Street within the prime retail pitch close to its junction with Newmarket Street.

Ground: 170.03sqm (1,830sq ft) 1st: 64.29sqm (692sq ft) Total: 234.32sqm (2,522sq ft)

The property is in close proximity to the new Cutty Sark centre facilitating local tourism and retail on the waterfront.

Tenant: Sportswift Ltd t/a “Card Factory” Expiry: 8th June 2028 Passing Rent: £30,000p.a.x. The property has been elected for V.A.T. as such the transaction may be treated as a T.O.G.C (transfer o

The property comprises a 2 storey commercial development with a single storey extension to the rear surmounted by a flat roof Internally the property is presented in standard corporate specifications of Card Factory with laminated timber and carpeted flooring with L.E.D. panels recessed within the suspended acoustic tile ceiling. The upper floor is accessed via single staircase to the rear providing staff accommodation, store and w.c facilities. The property has been calculated to extend to the following internal area; Ground: 170.03sqm (1,830sq ft) 1st: 64.29sqm (692sq ft) Total: 234.32sqm (2,522sq ft) The property is held on a full repairing and insuring head lease on the following terms; Tenant: Sportswift Ltd t/a “Card Factory” Expiry: 8th June 2028 Passing Rent: £30,000p.a.x. 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)

The property is situated on the west side of High Street within the prime retail pitch close to its junction with Newmarket Street. The property is in close proximity to the new Cutty Sark centre facilitating local tourism and retail on the waterfront. Ayr is a popular coastal market town with a population of approximately 46,000 people making it the largest settlement in Ayrshire. The town benefits from excellent transport links and continues to be considered the shopping hub in the southwest of Scotland.

Full Address: 83 High Street, Card Factory, Ayr, KA7 1QL

Show More

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length:
Rent: £30,000 per year / £2,500 per month
Yield: 13% (approx)
Tenant: Company
Notes: Tenant: Sportswift Ltd t/a “Card Factory” Expiry: 8th June 2028 Passing Rent: £30,000p.a.x. 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)

Document Downloads

Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £236,000

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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

View Live Online Auction

Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Submit Offer Now

SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 28 November 2024, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue