Tenanted Commercial Property LOT 105

98-102 Dockhead Street, Saltcoats, KA21 5EL
OPENING BID

Timed Online Auction

27 January 2022, 10am-3pm

Bidding Closes in

View Live Online Auction Submit Offer Now
  • TypeCommercial
  • Ownership Freehold
  • Occupation Tenanted
  • Rateable Value Search SAA

Description

Full Address: 98-102 Dockhead Street, Saltcoats, KA21 5EL

PRIME GRADE A TENANTED INVESTMENT let at 26,000 per annum to Betfred on FRI lease with tenants in place since December 2005. Settled and committed tenant. Trading well. EXCELLENT INVESTMENT

PRIME TRADING LOCATION ON BUSY PEDESTRIANISED MAIN STREET with excellent frontage. Internally the property has been fitted out to extremely high corporate specification. Front and rear access with car parking available to the rear.

***GRADE A TENANT*** Done Brothers T/A Betfred currently have over 1,500 stores across the UK with a turnover of over 10 billion recorded in 2019. **SUPER INVESTMENT WITH TENANT IN PLACE SINCE 2005. **immediate rental income of 26,000 per annum**

Super High Street location close to train station and car parking. Neighbouring occupiers include Subway, Peacocks, Specsavers, Greggs, Boots, Costa Coffee, Timpsons and Bank of Scotland. **SUPER SIZE- OVER 240M SQ**

100% prime income producing investment with national tenant and well fitted out. 31 miles south of Glasgow, 21 miles north of Ayr, 15 miles west of Kilmarnock. Ideal long term investment purchase wit

PRIME GRADE A TENANTED INVESTMENT let at 26,000 per annum to Betfred on FRI lease with tenants in place since December 2005. Settled and committed tenant. Trading well. EXCELLENT INVESTMENT. PRIME TRADING LOCATION ON BUSY PEDESTRIANISED MAIN STREET with excellent frontage. Internally the property has been fitted out to extremely high corporate specification. Front and rear access with car parking available to the rear. ***GRADE A TENANT*** Done Brothers T/A Betfred currently have over 1,500 stores across the UK with a turnover of over 10 billion recorded in 2019. **SUPER INVESTMENT WITH TENANT IN PLACE SINCE 2005. **immediate rental income of 26,000 per annum** Super High Street location close to train station and car parking. Neighbouring occupiers include Subway, Peacocks, Specsavers, Greggs, Boots, Costa Coffee, Timpsons and Bank of Scotland. **SUPER SIZE- OVER 240M SQ** 100% prime income producing investment with national tenant and well fitted out. 31 miles south of Glasgow, 21 miles north of Ayr, 15 miles west of Kilmarnock. Ideal long term investment purchase with super return.

Saltcoats is the second of North Ayrshire's Three Towns, which also includes Stevenston and Ardrossan. The town boasts beautiful beach, ideal for those who like walking and is a popular town with many local amenities including shopping, the Auchenharvie centre for swimming and sports activities and a skate park. It is ideally situated for golf fans, with courses at Ardeer in Stevenston and West Kilbride. The seaside town has a thriving tourism and summer let market - Close to the water and local amenities -Excellent commuter links with M77 motorway nearby giving access to Glasgow in under 45 minutes - Regular train links to Ayr, Largs & Glasgow

Show More

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: since 2005
Rent: 26,000 per year / 2,167 per month
Yield: 9% (approx)
Tenant: Company
Notes: Let to Done Brothers T/A Betfred

Document Downloads

  LEGAL PACK PENDING - Request Copy

Location

Pricing Information & Bidding

Opening Bid: £234,000

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.

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

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

View Full Auction Catalogue

Similar Properties


Lot 246
£145,000 OPENING BID
  • ** PRIME COMMERCIAL INVESTMENT OPPORTUNITY** Large, FULLY REFURBISHED public house with l...
Lot 2
£230,000 GUIDE PRICE
  • Iconic Town Centre Hotel, Bar & Restaurant and Substantial Private Car Park. Fully Renova...
Lot 104
£128,000 OPENING BID
  • **VAT FREE COMMERCIAL INVESTMENT** Extremely well-located Hot Food takeaway with highly v...