Fantastic Commercial premises located within a prime location in Girvan. - ***Guide price £45,000*** Property has a lease in place that commences 1st July 2024 and ends 30th June 2034.
Fantastic opportunity to acquire an excellent commercial premises with a long lease in place. Property comprises a large sales area complete with kitchen, separate store area and bathroom.
Sure to appeal to shrewd commercial investors looking for rare commercial premises with great high yield potential, or looking for affordable commercial premises.
Property benefits from a rateable value of £1950.00 per annum. Property extends to 64.68m2 (696.21 sqft) This is excellent as it is under the payable rate threshold (small business rates relief)
Property is located on a busy street in Girvan near the waterfront and benefits from a large passing footfall.
High yielding investment property.
Location
Girvan, nestled along the stunning Ayrshire coastline in Scotland, offers an enticing blend of natural beauty, rich history, and economic potential. Its picturesque vistas of the Firth of Clyde and the iconic Ailsa Craig, coupled with a strong sense of community, make it an appealing place to call home. With a history dating back to ancient times, Girvan boasts historic landmarks like Turnberry Castle and the Girvan Old Stumpy Lighthouse, adding to its charm. The town's diverse economy, supported by industries such as fishing, agriculture, and tourism, presents promising opportunities for investment. Residents enjoy a balanced lifestyle, with tranquil surroundings, convenient urban amenities, and access to excellent schools and healthcare. Girvan's property market, offering a range of options at relatively affordable prices, further enhances its appeal as a destination for living and investing in.
Accommodation
Size - 696.21 sq ft (64.68 sq m)
Terms
Guide Price - £35,000
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 Commercial premises located within a prime location in Girvan. - ***Guide price £45,000***
- For rent this is currently achieving £400 pcm, which attracts an annual income of £4800 per annum. This returns an excellent 10.7% gross yield based on a guide price of £45,000 - ***HIGH YIELD POTENTIAL***
- Sure to appeal to shrewd commercial investors looking for rare commercial premises with great high yield potential, or looking for affordable commercial premises.
- Property benefits from a rateable value of £1950.00 per annum. Property extends to 64.68m2 (696.21 sqft)
- Property is located on a busy street in Girvan near the waterfront and benefits from a large passing footfall.