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Buyers Fee
(?) 2% of Sale Price (Minimum of £3250 +vat)
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Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
**PRIME HIGH STREET TENANTED INVESTMENT** in Ayr High Street let to Hair & Beauty Training Academy producing £24,000 per annum on a 10 year FRI lease
SUPER SIZE AND TRADING LOCATION with lettable space of 3,600sq ft over ground and first floor within busy town centre. Super trading position with highly visible frontage.
PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield producing £24,000 per annum.
Super High Street trading position with neighbouring occupiers including Boots, Burger King, Holland and Barrett, Iceland, Waterstones, TK Maxx and O2. Perfect location for large car park, bus station
Popular coastal market town with a population of 50,000 people making it the largest settlement in Ayrshire. The town benefits from excellent transport links and is considered Ayrshire's premier town.
**PRIME HIGH STREET TENANTED INVESTMENT** in Ayr High Street let to Hair & Beauty Training Academy producing £24,000 per annum on a 10 year FRI lease
Substantial unit set over ground and first floors. Substantial frontage with dual, large display windows.
Large open-plan retailing space at ground floor partitioned to form changing rooms and store with storage space, open-plan sales area, office, staff room and W.C on upper floor.
Ground 233.27 sqm
First floor- 109.99 sqm
Total 343.26sqm.
**PRIME HIGH STREET TENANTED INVESTMENT** in Ayr High Street let to Hair & Beauty Training Academy producing £24,000 per annum on a 10 year FRI lease
SUPER SIZE AND TRADING LOCATION with lettable space of 3,600sq ft over ground and first floor within busy town centre. Super trading position with highly visible frontage.
Super High Street trading position with neighbouring occupiers including Boots, Burger King, Holland and Barrett, Iceland, Waterstones, TK Maxx and O2. Perfect location for large car park, bus station.
Popular coastal market town with a population of 50,000 people making it the largest settlement in Ayrshire. The town benefits from excellent transport links and is considered Ayrshire's premier town.
Ayr is a popular coastal market town with a population of 50,000 people making it the largest settlement in Ayrshire. The town benefits from excellent transport links and has always been considered Ayrshire’s premier shopping destination.
Full Address: 134 High Street, Former Monsoon, Ayr Town Centre, KA7 1PR
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Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: 10 Years
Rent: £24,000 per year / £2,000 per month
Yield: 14% (approx)
Tenant: Company
Notes: New Hair & Beauty Training Academy
Held on F.R.I Lease
Expiry: July 2034
3,695sq ft
Passing Rent: £24,000p.a.
Review 2029
£6,000 Deposit Held By Landlord
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Pricing Information & Bidding
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 2% 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.
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Auction Details
Date & Time: 28 November 2024, 10am-3pm
Type: Timed Online Auction
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