Tenanted Commercial Property LOT 241

86 High Street, Ayr Town Centre, KA7 1PQ
OPENING BID

Timed Online Auction

27 January 2022, 10am-3pm

Bidding Closes in

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

Description

Full Address: 86 High Street, Ayr Town Centre, KA7 1PQ

**PRIME COMMERCIAL INVESTMENT OPPORTUNITY** Tenanted, High Street unit located in the heart of the popular Ayrshire resort town of Ayr. Immediate rental income of £7,000 per annum with well-established business in place and trading well.

PRIME RENTAL LOCATION-Prominent unit in the heart of the town centre close to a number of national and local retailers. Perfect location for train station, bus station and the town's largest car parks.

Settled long-term tenant with extremely well established business locally. FRI lease in place on rolling basis passing rent of £7,000 per annum. EXCELLENT INVESTMENT PROPERTY with super return on investment.

SUPER SIZE (54sq m) AND LOCATION- next door to large M&S within busy town centre. Perfect investment property with settled tenant in place with excellent payment history. Excellent addition to any portfolio. PERFECT LOT FOR INVESTOR.

Super High Street trading position with neighbouring occupiers including Boots, Burger King, Holland and Barrett, Iceland, Waterstones, TK Maxx and O2. Perfect location for large car park, bus station and train station.

**PRIME COMMERCIAL INVESTMENT OPPORTUNITY** Tenanted, High Street unit located in the heart of the popular Ayrshire resort town of Ayr. Immediate rental income of £7,000 per annum with well-established business in place and trading well. PRIME RENTAL LOCATION-Prominent unit in the heart of the town centre close to a number of national and local retailers. Perfect location for train station, bus station and the town's largest car parks. Settled long-term tenant with extremely well established business locally. FRI lease in place on rolling basis passing rent of £7,000 per annum. EXCELLENT INVESTMENT PROPERTY with super return on investment. SUPER SIZE (54sq m) AND LOCATION within busy town centre. Perfect investment property with settled tenant in place with excellent payment history. Excellent addition to any portfolio. PERFECT LOT FOR INVESTOR. Super High Street trading position with neighbouring occupiers including Boots, Burger King, Holland and Barrett, Iceland, Waterstones, TK Maxx and O2. Perfect location for large car park, bus station and train station.

Ayr is a popular coastal market town with a population of 50,000 people making it the largest settlement in Ayrshire. The town benefits from excellent transport links and has always been considered Ayrshire’s premier shopping destination

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: rolling
Rent: £7,000 per year / £583 per month
Yield: 9% (approx)
Tenant: Company
Notes:

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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).

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.

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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.

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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: 27 January 2022, 10am-3pm
Type: Timed Online Auction

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