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Lock Up Site Containing 22 Garages, Alexandria Terrace, Ayr, KA8 9AH

not specified / Other

For Sale - £150,000.00

Available - Last updated: 15 April 2019

Lock up site containing 22 garages. Current passing rent £7,872 p.a. Offers in excess of £150,000.

Location

The subjects are situated on Alexandria Terrace just off McCall’s Avenue and to the rear of North Park Avenue, a heavily populated residential area of Ayr. Ayr is the main town within the South Ayrshire Council area having a resident population of around 46,800.

Accommodation

The site area extends to around 900 sq. m. (1,076 sq. yd.).

Terms

LEASES The units are held on rolling annual licence agreements with tenants being primarily occupiers of nearby residential dwellings. The majority of occupiers have held leases for several years. Current passing rental is £7,872 per annum. The site represents an excellent opportunity to acquire a ready made investment with scope for increasing rental figures or alternatively selling each unit individually.

PRICE Offers over £150,000 are invited.

COSTS Each party will be responsible for their own legal costs incurred in the transaction.

Specification

• Lock up site containing 22 garages
• Current passing rent £7,872 p.a.
• Offers in excess of £150,000

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale £150,000.00 NA

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Contact agents

Kevin Bell

Shepherd Commercial

01292 400049



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