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Commercial / Industrial Investment, 49-53 New Road, Ayr, KA8 8DA

6,500 Sq Ft / Industrial / Investment

For Sale - £330,000.00

Under Offer - Last updated: 18 January 2021

Commercial investment for sale.

49 New Road Ayr let to Donald Martin t/a RepAyr My Car. 10 year lease from 1 September 2016. Rent review and tenant break option 1 September 2021.

325.15 sq m (3,500 sq ft). Rent - £18,000 per annum. The premises are used as a car repair business.

51-53 New Road Ayr let to Moorbrook Textiles Limted (SC027139). 2 years from 1 July 2016, extended to 2023. Annual tenant-only breaks at 30 June 2020/21/22.

278.73 sq m (3,000 sq ft). Rent - £15,000 per annum.The premises are used for storage purposes.

VAT will not be payable on the purchase price. 

Location

Ayr is the principal town in Ayrshire with a resident population of circa 47,000. New Road lies to the north of the town centre close to the North Harbour industrial estate and the boundary with Prestwick. The immediate viscinity is industrial in character.

Accommodation

The whole subjects have been split to provide two individual units occupied by two separate tenants.

49 New Road comprises 3,500 sq ft and full use of the front forecourt, with a right of access for the adjacent tenant.

51-53 New Road comprises 3,000 sq ft and includes full use of the rear loading bay, accessed off Peebles Street. There is a right of access over the front forecourt.

Terms

The property is available for sale with the benefit of the two tenants in place providing a total income of £33,000 per annum exclusive.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Commercial/industrial investment For Sale Freehold £330,000.00 NA

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William Taylor

Taylor Property Consultants

01563 760394



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