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Description

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

FULL BUILDING*** 3 Storey TOWN CENTRE property. Tenanted on a FRI Lease at £15,000 per annum for 3 years SUPERSIZE*** 615.69 sq. m. (6,626 sq. ft.) EXCELLENT LOCATION

Internal accommodation comprises the following: Ground Floor - Sales area, Office, Store room, WC Facilities. First Floor - 3 Store rooms Second Floor - Store room, Office, Kitchen & WC facilities.

Held on a full repairing and insuring head lease on a personal name expiring 28th January 2031, with a tenants break in January 2029, at a passing rent of £15,000 per annum.

Then property has been measured to the following - 615.69 sq. m The property fronts Dockhead Street with delivery access available via Dockhead Place to the rear where a public car park is situated.

EXCELLENT LOCATION This property is conveniently situated in a popular pedestrianised town centre location with road and regular rail links to Glasgow and all West coast towns.

FULL BUILDING*** 3 Storey TOWN CENTRE property. Tenanted on a FRI Lease at £15,000 per annum for 3 years SUPERSIZE*** 615.69 sq. m. (6,626 sq. ft.) EXCELLENT LOCATION Internal accommodation comprises the following: Ground Floor - Sales area, Office, Store room, WC Facilities. First Floor - 3 Store rooms Second Floor - Store room, Office, Kitchen & WC facilities. Held on a full repairing and insuring head lease on a personal name expiring 28th January 2031, with a tenants break in January 2029, at a passing rent of £15,000 per annum. Then property has been measured to the following - 615.69 sq. m The property fronts Dockhead Street with delivery access available via Dockhead Place to the rear where a public car park is situated. EXCELLENT LOCATION This property is conveniently situated in a popular pedestrianised town centre location with road and regular rail links to Glasgow and all West coast towns.

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 3 Years
Rent: £15,000 per year / £1,250 per month
Yield: 16% (approx)
Tenant: Private Individual
Notes: The property is held on a full repairing and insuring head lease on a personal name expiring 28th January 2031, with a tenants break in January 2029, at a passing rent of £15,000per annum The vendor holds a deposit of £3,750.

Maps & Location

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Dockhead Street is situated in the heart of Saltcoats, North Ayrshire. The street is noted as the prime pedestrianised retailing zone in the town centre. Dockhead Street hosts a significant number of retail and service businesses. Being town-centre means access to all day-to-day amenities, public transport, shopping and services. Excellent commuter links with the A78 by-pass link giving access to Kilmarnock Glasgow within 30 minutes. Regular train links available from Saltcoats to Ayr, Largs and Glasgow Central.

Document Downloads

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Pricing Information & Bidding

Opening Bid: £92,000

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 & Conditions of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 2% of Sale Price (Minimum £2,500 + vat)

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    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 - 104-108Dockhead Street, Saltcoats






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