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Description

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

**PRIME HIGH STREET TENANTED INVESTMENT** in Ayr High Street let to Tenant: DEBRA producing £20,000 per annum on a 5 year FRI lease. N.I.A: 194.25sqm (2,091sq ft)

SUPER SIZE AND TRADING LOCATION N.I.A: 194.25sqm (2,091sq ft) Comprises a substantial ground floor retail unit set within a larger 3 storey commercial development surmounted by a pitched roof.

PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO**

Tenant: DEBRA Expiry: 29th October 2029 Tenant Break: 30th October 2026 Passing Rent: £20,000p.a. Rent Increase: From 28th April 2026 to £22,000p.a.

Super High Street trading position with neighbouring occupiers including Boots, Burger King, Holland and Barrett, Iceland, Waterstones, TK Maxx and O2

**PRIME HIGH STREET TENANTED INVESTMENT** in Ayr High Street let to Tenant: DEBRA producing £20,000 per annum on a 5 year FRI lease. N.I.A: 194.25sqm (2,091sq ft) SUPER SIZE AND TRADING LOCATION N.I.A: 194.25sqm (2,091sq ft) Comprises a substantial ground floor retail unit set within a larger 3 storey commercial development surmounted by a pitched roof. PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO** Tenant: DEBRA Expiry: 29th October 2029 Tenant Break: 30th October 2026 Passing Rent: £20,000p.a. Rent Increase: From 28th April 2026 to £22,000p.a. Super High Street trading position with neighbouring occupiers including Boots, Burger King, Holland and Barrett, Iceland, Waterstones, TK Maxx and O2

High Street, Ayr, is a central part of the town and serves as a bustling hub of commerce and activity. One of the main shopping streets in Ayr, providing services and goods to both locals and tourists, lined with a variety of shops, including well-known high street retailers, independent boutiques, cafes, pubs, and restaurants. Ayr railway station is just a short walk from High Street, offering convenient rail services to Glasgow and other destinations. Local bus routes also run through or near High Street, providing good access for those living in or visiting Ayr. Ayr is situated along the Firth of Clyde, around 37 miles (60 kilometers) southwest of Glasgow, making it a popular destination for tourists and day-trippers from the city.

Full Address: 120 High Street, Let Debra Investment, Ayr, KA7  1PR

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Tenancy Details

Type of Agreement:
Length: 5
Rent: £20,000 per year / £1,667 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes: Tenant: DEBRA Expiry: 29th October 2029 Tenant Break: 30th October 2026 Passing Rent: £20,000p.a. Rent Increase: From 28th April 2026 to £22,000p.a.

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Pricing Information & Bidding

Opening Bid: £141,000

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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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = % 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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