Former Cinema
Residential / Leisure Development
Full Building
35,187sq ft
Rent: £30,000p.a.x
Price: £225,000
Location
The subjects occupy a prominent position on the south side of Boswell Park between its junctions with Sandgate and Douglas
Street set amongst a variety of licenced, leisure and retail users including The Treehouse, Spar and Vinyl Nightclub. A large car park lies adjacent to the property.
Ayr is the principal settlement in the South Ayrshire Council area with a population of around 46,800
The property is ideally located with large car park adjacent to the property along with on street parking.
Property
The subjects comprises an Art Deco Category B Listed former cinema dating back to the 1930’s which was used until recently as a bingo hall.
The layout is fairly typical for a building of its time with the main auditorium taking up the majority of the floor space running to the full height with much of the original character retained.
The property comprises at ground floor; a foyer and vestibule, main auditorium, bar, stores, kitchen & prep area, private office and w.c facilities.
The first floor provides; circle, upper circle, viewing boxes, offices, staff room and projection room.
NAV/RV
£71,500
Area
The property extends to the following total area;
3,270.18sqm (35,187sq ft)
Rent
The property is available on a new full repairing and insuring head lease for £30,000p.a.x
Sale
Our client will dispose of their freehold interest for £225,000
V.A.T
We have been advised the property is elected for V.A.T
E.P.C.
Available on request
Title
Available on request
Legal
Each party shall bear their own legal costs incurred in the transaction
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time