Submit Offer
Description
IDEAL INVESTMENT PROPERTY*** Prominent commercial unit LET to Black Rooster Peri Peri with an IMMEDIATE RENTAL INCOME OF £32,000 PER ANNUM located within Ayr TOWN CENTRE.
*** IMMEDIATE INCOME PRODUCING INVESTMENT OPPORTUNITY - Property is LET to Black Rooster Peri Peri at £32,000 PER ANNUM on FRI LEASE until 8th July 2036.
PROMINENT FRONTAGE on to BUSY HIGH STREET. EXCELLENT trading location within busy TOWN CENTRE. TWIN DISPLAY WINDOWS.
Nearby occupiers include William Hill, Betfred, Greggs, Barclays and Specsavers. PERFECT INVESTMENT WITH WELL-ESTABLISHED TENANTS.
Situated on the north side of High Street, at its junction with Alloway Street within Ayr town centre.
IDEAL INVESTMENT PROPERTY*** Prominent commercial unit LET to Black Rooster Peri Peri with an IMMEDIATE RENTAL INCOME OF £32,000 PER ANNUM located within Ayr TOWN CENTRE. *** IMMEDIATE INCOME PRODUCING INVESTMENT OPPORTUNITY - Property is LET to Black Rooster Peri Peri at £32,000 PER ANNUM on FRI LEASE until 8th July 2036. PROMINENT FRONTAGE on to BUSY HIGH STREET. EXCELLENT trading location within busy TOWN CENTRE. Nearby occupiers include William Hill, Betfred, Greggs, Barclays and Specsavers. PERFECT INVESTMENT WITH WELL-ESTABLISHED TENANTS. Situated on the north side of High Street, at its junction with Alloway Street within Ayr town centre. Ground floor, basement and first floor commercial unit. Ground: 1,497 sq.ft Basement: 509 sq.ft 1st Floor 208 sq.ft Total 2,214 sq.ft
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: until 8th July 2036
Rent: £32,000 per year / £2,667 per month
Yield: 13% (approx)
Tenant: Company
Notes: Fixed rent increase - £35,000 P/A on 9th July 2024. Rent review - 2026 & 2031.
Maps & Location
Map Street View SatelliteAyr is the principle town within the Ayrshire region and has a population of around 50,000 persons. The town lies adjacent to the A77/M77 offering direct road access north to Glasgow (32 miles). Ayr has two railway stations offering regular services to Glasgow and Stranraer.
Document Downloads
Pricing Information & Bidding
Opening Bid: £247,000
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
Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £3,250 + vat)
Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.
Calculate Deposit & Fee
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 233-237High Street, Black Rooster Peri Peri, Ayr