The subjects comprise four flats set within a two storey stone and slate tenement. Each of the four units comprises lounge, bedroom, kitchen and bathroom.
Location
The subjects are located on New Road in an area of established residential use lying to the north of Ayr town centre. Ayr is located on the Clyde Coast 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 and catchment population in excess of 100,000
Terms
LEASE TERMS Two flats are currently let on Short Assured Tenancy Agreements at a passing rental of £XXX pcm each. The two vacant flats are soon to be let on Private Residential Tenancy Agreements, these replaced Short Assured Tenancies from 1st December 2017. A copy of the tenancy agreements are available upon request.
COUNCIL TAX Each unit falls within Council Tax Band “B”.
ENERGY PERFORMANCE CERTIFICATE The energy performance ratings are as follows: Ground Floor Left – C Ground Floor Right – D First Floor Left – E First Floor Right - D A copy of the EPC is available upon request. ASKING PRICE Offers over £XXX are invited.
COSTS Each party will be responsible for their own legal costs incurred in the transaction.
VALUE ADDED TAX All prices, rents and premiums, where quoted, are exclusive of VAT.
Specification
• Residential investment opportunity
• 4 x one bed flats
• Producing £XXX per annum if fully let
• Offers over £XXX