The subjects comprise a detached two storey villa dating back to around 1870 with a range of one and two storey extensions all set within a large corner plot offering ample off-street car parking and landscaped garden areas.
Location
The subject premises are located on the junction of Racecourse Road and Seafield Road in an affluent residential district of Ayr, a short distance south of the town centre and close by the beach.
Ayr is the principle settlement in the South Ayrshire Council Area with a resident population of around 46,500.
Terms
LEASE TERMS
The property is held on a 20 year full repairing and insuring lease from October 2008 drawn on full repairing and insuring terms although with tenant’s repairs obligation limited through a schedule of condition.
RENT
The current rental is £XXX per annum.
ASKING PRICE
Offers invited (agent will discuss verbally with interested parties).
RATING ASSESSMENT
The subjects are currently entered in the Valuation Roll as follows:
NAV/RV £XXX
LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in connection with this transaction.
VAT
All prices, rents and premiums, where quoted, are exclusive of VAT.
Prospective purchasers/lessees are advised to satisfy themselves independently as to the incidence of Value Added Tax in respect of this transaction.
Specification
The principal accommodation offers the following:
- Lounge Bar
- Private Dining Area
- Customer Toilets
- Staff Accommodation
- Restaurant
- Kitchen/Prep Area
- External Store Room
- Mews Cottage
The property is well presented internally.