Tenanted Commercial LOT 160

11 Bridge Street, Girvan, KA26 9HH
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11  Bridge Street  Girvan

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Description

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

Commercial premises located within the town centre. Currently open and trading as a sportswear retail premises. Tenanted AGREED LEASE TERMS for £420 per month. PERFECT Commercial BUY-TO-LET.

Self contained retail premises. Comprises: Main entrance into retail sales area, staff facilities, storage area and toiles. Net Internal Area: 51.38 Sq.M (553.04 Sq.Ft). Freehold Sale.

SUPER LOCATION in town centre and one minute from famous beach offering views over Ailsa Craig. Train station, local boutiques and supermarkets. Easy access to Ayr, Turnberry and Stranraer Ferry Ports

The town of Girvan offers a range of local amenities including shops, schooling and recreational facilities. There is a picturesque harbour and golf course within walking distance of the property.

Girvan which his situated within the South Ayrshire Council area has a resident population of approximately 7,000 persons. Property is situated on an attractive main road site. High visibility unit.

Property is currently tenanted to a clothes store. The tenant currently pays £420 per month and is on a rolling contract. Excellent Investment Opportunity. Sure to appeal to shrewd investors looking for an exceptional opportunity for a tenanted commercial property in an area with great rental growth potential. Property has a rateable value (RV) of £1,900 which qualifies the property for small business rates relief. Sought after street location benefiting from large daily footfall and good sized shop frontage. Well presented unit. Girvan, nestled along the stunning Ayrshire coastline in Scotland, offers an enticing blend of natural beauty, rich history, and economic potential. Its picturesque vistas of the Firth of Clyde and the iconic Ailsa Craig, coupled with a strong sense of community, make it an appealing place to call home. With a history dating back to ancient times, Girvan boasts historic landmarks like Turnberry Castle and the Girvan Old Stumpy Lighthouse, adding to its charm. The town's diverse economy, supported by industries such as fishing, agriculture, and tourism, presents promising opportunities for investment. Residents enjoy a balanced lifestyle, with tranquil surroundings, convenient urban amenities, and access to excellent schools and healthcare.

The town of Girvan offers a range of local amenities including shops, schooling and recreational facilities. There is a picturesque harbour and golf course within walking distance of the property. Girvan also has railway links to Glasgow, Prestwick International Airport and has a new community hospital. Girvan has excellent local amenities and facilities including primary and secondary schooling, popular seafood restaurants and independent and national retailers. The world famous Trump Turnberry Golf course & Trump Resort is only a short distance away and South Ayrshire has long been recognised as a golfing hub. # Girvan is located in a corner of South West Ayrshire which has long been known for its unspoilt scenery and mild climate throughout the year.

Full Address: 11 Bridge Street, Girvan, KA26 9HH

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Tenancy Details

Type of Agreement: Basic Lease
Length: Annual
Rent: £5,040 per year / £420 per month
Yield: 36% (approx)
Tenant: Private Individual
Notes: Tenanted investment paying £420 per month - £5,040 per annum (scope for increase).

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Pricing Information & Bidding

Opening Bid: £14,000

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: 14 November 2024, 10am-3pm
Type: Timed Online Auction

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