OPENING BID

Timed Online Auction

23 September 2021, 10am-3pm

Bidding Closes in

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address: 81 George Street, Public House Investment, Ayr, KA8 0AQ

*** SUPER INVESTMENT OPPORTUNITY *** READY TO LET. VACANT PUBLIC HOUSE located in Ayr Town Centre with REALISTIC RENTAL POTENTIAL OF 16,000per annum giving excellent return of over 16%.

Public house presented in READY TO TRADE CONDITION with large open-plan bar area and smaller snug area. Combined space for around 70 seats. Customers toilets, cellar, manager's office and storage.

IDEAL LOCATION set within popular residential area close to Ayr college, train station and town centre. The Horseshoe Bar traded successfully at this location for over 30 years. *PRIME LOCATION*

HIGH DEMAND RENTAL LOCATION with realistic rental potential of up to 16,000 per annum. **EXCELLENT RETURN ON INVESTMENT OF OVER 16%** Perfect for owner-occupation or rental. Full vacant possession.

Set within highly populated residential area on the Southside of Ayr Town Centre. Close to train station, major shopping streets, college/ University and ideally located for football and horse racing crowds

*** SUPER INVESTMENT OPPORTUNITY *** READY TO LET. VACANT PUBLIC HOUSE located in Ayr Town Centre with REALISTIC RENTAL POTENTIAL OF 16,000per annum giving excellent return of over 16%. Public house presented in READY TO TRADE CONDITION with large open-plan bar area and smaller snug area. Combined space for around 70 seats. Customers toilets, cellar, manager's office and storage. IDEAL LOCATION set within popular residential area close to Ayr college, train station and town centre. The Horseshoe Bar traded successfully at this location for over 30 years. 100% PRIME LOCATION. HIGH DEMAND RENTAL LOCATION with realistic rental potential of up to 16,000 per annum. **EXCELLENT RETURN ON INVESTMENT OF OVER 16%** Perfect for owner-occupation or rental. Full vacant possession. Set within highly populated residential area on the Southside of Ayr Town Centre. Close to train station, major shopping streets, college/ University and ideally located for football and horse racing crowds. The subjects qualify for rates exemption under the small business rates relief scheme.

Ayr, the principal town within South Ayrshire, is 30 miles south of Glasgow. A historic town set on the Firth of Clyde. George street is a popular residential street located less than 400yards from the popular town centre and close to the train station, the starting point on the main West Coast route to Glasgow.

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Location

Pricing Information & Bidding

Opening Bid: £64,000

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 of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 23 September 2021, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue

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