The property is a mid-terrace gorund floor retail space as part of a larger 4 storey mixed use development with commercial at ground floor and residential above.
An extensive refurbishment has been carried out internally along with floors being overlaid by ceramic tiles, walls painted and decorated throughout. Leading to the rear of the premises past the stud partition, there is a small kitchen tea prep area and w.c.
Location
The propery is ideally located within the heart of Stewarton in the central commercial district on the main thoroughfare through the town.
Accommodation
SIZE - 42.73 sq m (460 sq ft)
Terms
NAV/RV - The property as been entered onto the valuation roll with an NAV/RV of - £2,550
PRICE - Our client is seeking to dispose of their freehold interest for a price of £50,000
TENANCY - The property is currently let to a private individual expiring 30/09/2025 with a passing rent of £5,400 per annum.
EPC - A copy of the EPC can be provided upon request.
Specification
- Rarely available freehold
- Property in Stewarton
- Well fitted out by tenant
- Passing rent of £5,400 per annum
- Reviews every 3 years with minimun 4% pa uplift
- £50,000