V.A.T. Free Investment
Held On F.R.I Lease
20/20 Optician
Expiry: 25th January 2027
Passing Rent: £14,000p.a.
Price: £170,000
Location
The property is situated on the south side of Templehill close to its junction with West Portland St and Portland St within the town of Troon is an affluent coastal town located within the south Ayrshire region and has a population of around 15,000 persons the town lines, 34 miles south west of Glasgow, 10 miles north of here accessible via the A78 and A77 Road. Troon railway station is a short walk from the property over a fast regular service to air and Glasgow New occupiers include Willis Pharmacy Templehill surgery, the barbershop the gallery, number 47 public house, along with being a short walk to the seaside.
Property
The property forms the ground floor of a two story mixed use development of traditional construction cemented by a pitched roof overlaid in slate.
The property offers a large double frontage with a single access door of aluminium framed and glazed construction. Internally the property is presented in an open plan layout with floors overlaid in laminated timber and carpet throughout, lighting is provided via recessed spots within the suspended ceiling. Partitions have been erected to create store consultation room, staff, tea, room and WC facilities.
Area
The property extends to the following internal area;
112.18sqm (1,207sq ft)
Lease Summary
The property is held on a full repairing and insuring head lease on the following terms;
Tenant: Duncan and Todd Ltd t/a “20/20 Optician”
Expiry: 25th January 2027
Passing Rent: £14,000p.a.
Sale
The property is available on a freehold basis for £170,000
V.A.T.
We understand the property has not been elected for V.A.T.
Legal
Each party shall bear their own legal costs incurred in the transaction
Lease & Title
Available on request
Viewing
Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.