The subjects comprise the ground floor of a mid terraced 4 storey sandstone and brick building surmounted by a pitched roof clad in slate.
Location
The subjects are located in a prime retailing location on Ayr’s pedestrianised high street with nearby occupiers including W H Smith, Specsavers, Savers and Castore. Ayr is around 40 miles south west of Glasgow and is the principal settlement in the South Ayrshire Council area with a resident population of around 46,800.
Accommodation
74.14 SQ. M. (798 SQ. FT.)
Terms
Rental £17,500 per annum.
Lease Terms The lease is for a period of 10 years from February 2023 with the current passing rent £17,500 per annum with a rent review in 2028. There is a tenant only break option at the end of year 5. Our clients are looking to assign the current lease at a nil premium.
Rateable Value The property is currently entered in the Valuation Roll as follows: RV £18,200
Prospective purchasers/lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction. August 2024
Energy Performance Certificate The property has a current energy rating of G 119. A copy of the EPC is available upon request.
VAT All prices, rents and premiums, where quoted, are exclusive of VAT.
Prospective purchasers/lessees are advised to satisfy themselves independently as to the incident of Value Added Tax in respect of this transaction.
Legal Costs Each party will be responsible for their own legal costs incurred in the transaction with the tenant being responsible for tax and registration dues in the normal fashion.
Specification
- PRIME TOWN CENTRE LOCATION
- PEDESTRIANISED HIGH STREET SETTING
- 74.14 SQ. M. (798 SQ. FT.)
- OFFERS OVER £17,500 PER ANNUM