Large Commercial premises located in busy Ayrshire Town. Fantastic potential to run a business.
Property was previously run as a pub/bar.
For rental purposes, the property could attract an annual income of £6,500 - £7,000 per annum. This would return an excellent 10 - 11 % gross yield based on a guide price of £60,000 - ***GREAT YIELD POTENTIAL***
Property may lend itself for a variety of uses given it’s location. The property could potentially be reopened as a gastro pub or restaurant.
Property could potentially be converted into residential subject to researching and gaining the necessary consents.
Property has a Guide price of £60,000 and is sure to appeal to investors looking for a commercial property that they can put their own stamp on.
Location
Ayr, Scotland, is a historic town located on the southwest coast, renowned for its scenic beauty, rich history, and vibrant community. The town offers beautiful beaches, parks like Rozelle Park and Belleisle Park, and historic sites such as Ayr Town Hall and the Robert Burns Birthplace Museum, enhancing the quality of life with ample opportunities for outdoor activities and cultural experiences. As a tourist destination, Ayr presents investment opportunities in the hospitality sector, and its diversified local economy supports real estate, retail, education, healthcare, and small businesses. Families are drawn to Ayr for its well-regarded schools and Ayrshire College, while the strong community spirit is reflected in local events, festivals, and markets. Excellent transport links, including frequent train services to Glasgow, make Ayr convenient for commuters. The town's lively cultural scene, with venues like the Gaiety Theatre, sports facilities, and Ayr Racecourse, provides varied entertainment and recreational options. Healthcare services are robust, with facilities such as Ayr Hospital offering comprehensive care. Ongoing regeneration projects aimed at revitalizing the town center and waterfront areas create new business opportunities and enhance Ayr's appeal for residents and visitors alike. This combination of natural beauty, economic potential, excellent connectivity, and community life makes Ayr a compelling choice for living and investing in Scotland.
Accommodation
Property consists of large bar area, kitchen, office area, toilets and storage facilities. Property benefits from a secure yard to the outside.
Terms
Guide Price - £60,000
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Specification
- Large Commercial premises located within a prime location in Ayr. - ***Guide price £60,000***
- For rental purposes, the property could attract an annual income of £6,500 - £7,000 per annum. This would return an excellent 10 - 11 % gross yield based on a guide price of £60,000 - ***GREAT YIELD POTENTIAL***
- Sure to appeal to shrewd commercial investors looking for large Commercial premises with great high yield potential, or for owner occupiers looking for affordable commercial premises to occupy as a business. ***GREAT VALUE FOR MONEY***
- Great Potential for change of business. Prime opportunity for commercial investors looking for a property they can put their own stamp on.
- Property is located on a busy street in Ayr and benefits from large passing trade .