The property comprises a 2 storey property formed in brick walls with render finish and having pitched roof clad in concrete tile with a single storey projection to the rear. A tar based car park is included offering off street parking for the tenants.
Location
The subjects are located in a busy commercial location on New Road in the Newton-on-Ayr district of the town around 1 mile north of Ayr town centre. Ayr is the principal settlement in the South Ayrshire Council area with a resident population of around 46,800.
Accommodation
Ground Floor 293.08 sq m (3,155 sq ft )
First Floor 226.35sq m ( 2,436sq ft )
TOTAL 519.43 sq m (5,591 sq ft )
Terms
LEASE INFORMATION The ground floor is let to Venturayr Ltd for a period of 10 years from April 2016 with a tenant break option at the end of year 5, the passing rent is £XXX p.a. The first floor is let to Carol McKay on an annual lease at a rental of £XXX p.a. The overall rental income is therefore £XXX p.a.
RATING ASSESSMENT The property is currently entered in the Valuation Roll as follows: Ground Floor Main Premises RV £XXX Ground Floor Store RV £XXX 1 st Floor RV £XXX We understand the tenants obtain 100% rates remission under the Small Business Bonus Scheme.
ENERGY PERFORMANCE CERTIFICATE A copy of the EPC is available upon request.
PRICE Offers in excess of £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. Prospective purchasers/lessees are advised to satisfy themselves independently as to the incident of Value Added Tax in respect of this transaction.
Specification
- FULLY LET
- CURRENT RENT £XXX P.A.
- INCLUDES PRIVATE CAR PARK
- 519.4 SQ. M. (5,591 SQ. FT.)
- OFFERS OVER £XXX