Fantastic Tenanted Commercial premises located within a prime location in Ayr.
Fantastic opportunity to acquire an excellent commercial premises with a long lease in place. (New 10 year lease with 5 year break)
Property comprises a large sales area complete with 2 toilets and separate store area.
Sure to appeal to shrewd commercial investors looking for rare commercial premises with great high yield, or looking for affordable commercial premises.
Property benefits from a rateable value of £10,300 per annum. This is excellent as it is under the payable rate threshold (small business rates relief)
Property is located on a busy street in Ayr near the waterfront and benefits from a large passing footfall.
Location
Ayr provides a pleasant living environment with beautiful coastal scenery, parks, and a tight-knit community, contributing to a good work-life balance. Buying a commercial unit in Ayr offers several advantages, including a growing economy, strategic transport links, and tourism potential from local attractions like Ayr Racecourse. The area has more affordable property prices compared to larger cities, which can yield promising returns. Additionally, local councils often provide support for businesses, and there’s a strong rental market that can generate steady income, thanks to the diverse sectors present in the community.
Accommodation
Property extends to 71.10 sq m (765.314 sq ft)
Terms
Guide Price - £ 75,000
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
- Fantastic Tenanted Commercial premises located within a prime location in Ayr.
- For rent this is currently achieving £800 pcm, which attracts an annual income of £8000 per annum. This returns an excellent 12.80% gross yield based on a guide price ***HIGH YIELD POTENTIAL***
- Sure to appeal to shrewd commercial investors looking for rare commercial premises with great high yield, or looking for affordable commercial premises.
- Property benefits from a rateable value of £10,300 per annum. Property extends to 71.10m2 (765.314 sqft) This is excellent as it is under the payable rate threshold (small business rates relief)
- Property is located on a busy street in Ayr town centre near the waterfront and benefits from a large passing footfall.