The subjects comprise a licensed betting office forming part of the ground floor of a series of inter-connecting one and two storey properties the original parts of which are formed in stone and slate with brick extensions to the rear. The internal accommodation comprises the following:
• Entrance Vestibule
• Sales Area
• Customer Toilets
Location
The subjects are located on the east side of Alloway Street to the south of its junction with Kyle Street/High Street in a prominent secondary town centre location. Shops in the area are occupied by a combination of local and national traders although with a number of vacant units in close proximity. Ayr is the principal settlement in the South Ayrshire Council area having a resident population of around 46,800.
Accommodation
The approximate net internal floor area is 241.25 sq. m. (2,597 sq. ft.)
Terms
RATING ASSESSMENT The subjects are currently entered in the Valuation Roll as follows:- RV £23,000
ENERGY PERFORMANCE CERTIFICATE (EPC) A copy of the EPC is available upon request
ASKING PRICE Offers over £295,000 are invited.
COSTS Each party will be responsible for their own legal costs incurred in the transaction.
VALUE ADDED TAX All prices, rents and premiums, where quoted, are exclusive of VAT.
ANTI MONEY LAUNDERING REGULATIONS The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also and any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.
PORTFOLIO SALE The subject premises offer part of a larger portfolio being sold on behalf of our client. A schedule summarising the entire portfolio is available upon request. Our client would be willing to consider offers for the portfolio in whole or part in addition to individual disposals.
Specification
• Let to Ladbrokes
• Rent £30,000 per annum
• Let to 2030 with tenant breaks
• Offers over £295,000