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Description
Tenanted Retail Unit in Girvan. Net Area: 1,076 Sq.Ft over Ground Floor. Retail Class 1 Consents. Large Frontage. Rates Free under small business scheme. Tenanted Investment Property. Freehold Sale.
The property comprises a ground floor retail unit with prominent frontage, twin display windows flanking the partially recessed double door entrance secured by an aluminium roller shutter.
COMPRISES: open plan retailing space with partitions erected to form store, staff room, W/c and office. 5 Year Lease - GJD photography is the tenant. Popular local business.
Lighting is provided by way of fluorescent strips within the suspended ceiling - 5 Year Lease - Current rent is £300 pcm, then going to £350 pcm. GJD photography is the tenant,
The property has been calculated to extend to the following floor area; Net Area: 99.96 Sq.M (1,076 Sq.Ft)
Girvan Town Centre Retail Unit in fabulous Location. Ground Floor with Retail Class 1 Consents. Large Frontage Rates Free under small business scheme. Freehold Sale. Net Area: 99.96 Sq.M (1,076 Sq.Ft). The property comprises a ground floor retail unit with prominent frontage, twin display windows flanking the partially recessed double door entrance secured by an aluminium roller shutter. Internally the property offers open plan retailing space with partitions erected to form store, staff room, w.c and office. Lighting is provided by way of fluorescent strips within the suspended ceiling. RENTAL AGREEMENT - 5 Year Lease - Current rental is £300 pcm, then going to £350 pcm. GJD photography is the tenant. NAV/RV - £6,450. The property qualifies for rates exemption under the small business bonus scheme.
Tenancy Details
Type of Agreement: Basic LeaseLength: Annual
Rent: £3,600 per year / £300 per month
Yield: 15% (approx)
Tenant: Private Individual
Notes: 5 Year Lease - Current rent is £300 pcm, then going to £350 pcm. GJD photography is the tenant.
Maps & Location
Map Street View SatelliteThe property is situated on the east side of Dalrymple Street, the main commercial thoroughfare of Girvan. Girvan which his situated within the South Ayrshire Council area. Girvan has a resident population of approximately 7,000 persons. Girvan is situated approximately 5 miles south of Turnberry and 20 miles south of Ayr. Dalrymple Street is the town's main retailing area where a range of national multiples are represented including Greggs and Superdrug.
Document Downloads
Pricing Information & Bidding
Opening Bid: £24,000
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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 = 1% 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.
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General Terms & Conditions of Sale
Lot Specific Terms - 95-97Dalrymple Street, Girvan