The subjects comprise a substantial department store with large retail area at ground floor level with ancillary staff and storage accommodation on the upper floors of the building. The entire unit is 3,108.5 sq. m. (33,461 sq. ft.). Sub-division options are available - see below Unit 4A 1,792.9 sq. m. (19,299 sq. ft.) Unit 4B 974.8 sq. m. (10,493 sq. ft.)
Location
Ayr is the principal settlement in the South Ayrshire Council area with a resident population of around 46,800. The premises are located in a prime position on the town’s pedestrianised High Street. Nearby occupiers include Boots, Tesco Express, Iceland and Waterstones. Private off street car parking is available via Arthur Street.
Accommodation
Unit 4A – 1,792.9 sq. m. (19,299 sq. ft.)
Unit 4B – 974.8 sq. m. (10,493 sq. ft.)
Terms
Rental Upon application.
Lease Terms The property is available on a new Full Repairing and Insuring lease for a term to be agreed, subject to five-yearly upward only rent reviews.
Rateable Value The property is currently entered in the Valuation Roll as follows: RV £114,000 Upon sub-division the rateable value will require to be reasssed.
Energy Performance Certificate The property has a current energy rating of D. A copy of the EPC is available upon request.
VAT All prices, rents and premiums, where quoted, are exclusive of VAT.
Prospective purchasers/lessees are advised to satisfy themselves independently as to the incident of Value Added Tax in respect of this transaction.
Legal Costs Each party will be responsible for their own legal costs incurred in the transaction with the tenant being responsible for tax and registration dues in the normal fashion
Specification
- Prime pedestrianised town centre location
- Entire Property - 3,108.5 sq. m. (33,461 sq. ft.)
- Sub-division options available – see below