97 Main Street, Ayr, KA8 8BU
292 Sq Ft / Retail / General Retail
For Sale
- £40,000.00
Available - Last updated: 24 October 2024
Summary
The subjects comprise a single storey ground floor retail unit contained within a parade of shops of masonry construction under a pitched and slated roof.
Internally, the retail space is rectangular in shape. The property is currently trading as a ladies hair salon. To the rear there is a kitchenette and staff welfare facilities. The floor throughout the space is covered in tiles. The walls are of plaster/paint and the ceilings incorporate fluorescent strip LED lighting. Space heating is provided electrically.
Key Points
Prominent locationBusy thoroughfareOffers over £40,000No VAT payable on priceRates exemption potential
Tenancy
The property is let on a 3 year lease that commenced 02/06/23 and expires 01/06/26. The passing rent is £3,600 per annum. There are no break options in the lease.
Tenure
Heritable Interest (Scottish equivalent of English Freehold).
Price
Offers over £40,000 are invited for our clients’ heritable interest (Scottish equivalent to English Freehold) subject to the lease agreement in place. Based on the rental income of £3,600 per annum a purchase at this level would reflect a net initial yield of 9%.
EPC
A copy of the Energy Performance Certificate (EPC) is available upon request.
What3words
handsets.quiet.century
Location
Ayr is a town situated on the southwest coast of Scotland. It is the administrative centre of the South Ayrshire council area and the historic county town of Ayrshire. The town sits approximately 37 miles south west of Glasgow, 15 miles south west of Kilmarnock and can be accessed by the main arterial route of the M77 motorway.
The property is prominently situated on the west side on Main Street, close to its junction with Crown Street. Frequent bus services operate on Main Street with Ayr Rail Station taking around 3 minutes’ drive. Nearby occupiers include Farmfoods, The Cafe Ayr and William Hill.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£40,000.00
| NA |
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