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Hollybush Inn, Hollybush, Ayr, KA6 6EY

not specified / Leisure

For Sale - £295,000.00

Available - Last updated: 09 April 2021

Highly Rated Restaurant

Freehold Investment

Held On F.R.I Lease

Well Reviewed Operation

Passing Rent: £29,500p.a

Guide Price: o/o £295,000

 

Location

 

The property is situated on the west side of the A713, less than 6 miles from Ayr town centre within the town of Hollybush, Ayr.

 

Ayr is a popular coastal market town with a population of circa 46,000 persons and is the principal commercial town in Ayrshire benefiting from excellent transport links.

 

Ayr is situated on the forth of Clyde with the A77 running to the East connecting with Kilmarnock 12 miles north east and Glasgow approx 30miles north East.

 

Property

 

The property comprises a substantial single storey licensed premises of traditional construction surmounted by a pitched roof overlaid in tile with single storey UPVC and glazed extension to the rear. The demise also benefits from dedicated large car park occupying the North, East and South elevations with West views over the adjacent fields offering picturesque sunset vistas.

 

Internally the property has been renovated by the tenant to a very high standard with timber flooring throughout the customer areas, commercial linoleum and ceramic tile overlaying the staff working floor areas.

 

The property offers a larger family style diner area with separate dining / bar area, with large servery within the centre of the property, the space offers male, female and disabled w.c facilities.

 

The rear of the demise offers large commercial kitchen with dry store, chiller and freezers with separate access to the car park at the southern elevation with bin storage area.

 

The tenant has a well reviewed business as per google and Tripadvisor reviews with a long history of restaurant operations.

 

Executive Summary

 

The property is held on a full repairing and insuring head lease on the following terms:

 

Tenant: STL Kitchens Ltd

Expiry: 7th November 2024

Extension: The tenant has an option to extend to 7th November 2029

Passing Rent: £29,500per annum

Rent Payments: Quarterly in advance 

 

Sale

 

Our client would dispose of their freehold interest for a guide price of £295,000

 

V.A.T.

 

Figures quoted exclusive of V.A.T

 

E.P.C.

 

A copy of the E.P.C. will be made available for any interested party

 

Lease & Title

 

Available on request

 

Legal

 

Each party shall bear their own legal costs incurred in the transaction

 

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

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £295,000.00 NA

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Contact agents

Will Rennie

TSA Property Consultants

0141 538 0192



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