Map & Location
Map
Street View
Satellite
Special Terms of Sale
-
Buyers Fee
(?) 2% of Sale Price (Minimum of £2500 +vat)
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.
Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
***INCOME PRODUCING COMMERCIAL INVESTMENT***Full building - Ground & First floor Total 47.49sqm (511sq ft) Let to E-Cigarette Retailer. Running On Tacit. Passing Rent: £10,500p.a.
The property extends to the following new internal floor area;
Ground: 20.45sqm (220sq ft)
1st: 27.04sqm (291sq ft)
Total: 47.49sqm (511sq ft)
NAV/RV: £7,800
The property is held on lease to E Cigarette Outlet (UK) Ltd having expired in August 2024 the lease is now running on tacit relocation. The tenant currently pays £10,500p.a.
Internally the property offers an open plan retailing area at ground floor with access to first floor from the rear of the demise providing storage space. W.C. facilities are located at ground floor.
Bridgegate is located in the heart of the town. As a central pedestrianised street, it plays a vital role in Irvine’s shopping and social life. Rivergate Shopping Centre is close by.
***INCOME PRODUCING COMMERCIAL INVESTMENT***Full building - Ground & First floor Total 47.49sqm (511sq ft) Let to E-Cigarette Retailer. Running On Tacit. Passing Rent: £10,500p.a.
The property extends to the following new internal floor area;
Ground: 20.45sqm (220sq ft)
1st: 27.04sqm (291sq ft)
Total: 47.49sqm (511sq ft)
NAV/RV: £7,800
The property is held on lease to E Cigarette Outlet (UK) Ltd having expired in August 2024 the lease is now running on tacit relocation. The tenant currently pays £10,500p.a.
Internally the property offers an open plan retailing area at ground floor with access to first floor from the rear of the demise providing storage space. W.C. facilities are located at ground floor.
Bridgegate is located in the heart of the town. As a central pedestrianised street, it plays a vital role in Irvine’s shopping and social life. Rivergate Shopping Centre is close by.
The property is situated on the south side of Bridgegate close to its junction with High Street within the main commercial centre of the town.
Irvine lies 30 miles south west of Glasgow, 15 miles north of Ayr and is the principle town in North Ayrshire with a population of over 34,000 persons and a catchment of over 135,000 persons. The town lies at the convergence of the A78, A737, A767, and A71 road routes providing road access to Greenock, Ayr, Kilmarnock and Glasgow. Prestwick Airport is located 7 miles south of the town.
Full Address: 5 Bridgegate, Irvine, KA12 8BJ
Show More
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: Rolling lease
Rent: £10,500 per year / £875 per month
Yield: 15% (approx)
Tenant: Private Individual
Notes: Let to E-Cigarette Retailer
Running On Tacit
Passing Rent: £10,500p.a.
Document Downloads
Legal Pack (Pending)
* Click the above 'Pending' document link to log your request and we will notify you once available.
Pricing Information & Bidding
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.
Log In / Register To Bid
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 = 2% of Sale Price (Minimum £2,500 + 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: 06 March 2025, 10am-3pm
Type: Timed Online Auction
View Full Auction Catalogue