Ground Floor
Class 2 Property
1,130sq ft
Rates Exempt
V.A.T. Free
Let To Kip MacGrath
Expiry: August 2025
Passing Rent: £XXXp.a.
Price: £XXX
Location
The property is situated on the North east corner of River Street at its junction with Garden Street within Ayr’s town centre. The property sits adjacent to the waterfront of the River Ayr. Ayr is a popular coastal market town with a population of c.46,000 persons and is the principle commercial town in Ayrshire benefitting from excellent transport links. Neighbouring occupiers include Millionayr’s Casino, Slumberz Mattress Stores, The Wedding Cake Shop.
Property
The property comprises a ground floor commercial premises set within a larger 2 storey commercial development of traditional construction surmounted by a flat concrete roof.
Occupying a prominent position at the corner of Garden Street and River Street, the property benefits from return frontage. The tenant has painted the exterior rendering along with adding their corporate signage. Internally, the property benefits from a small waiting area, with several partitioned individual and group class rooms along with male and female w.c. facilities to the rear of the demise.
The property has been decorated by the tenant to include new carpet overlaying the floors, walls painted and decorated, upgraded heating system in each room, along with lighting provided by way of L.E.D. panels recessed within the suspended acoustic tile ceiling.
Lease Summary
The property is held on a full repairing and insuring head lease on the following terms;
Tenant: Kip MacGrath Education Ayr
Type: F.R.I
Expiry: 2nd August 2025
Passing Rent: £XXXp.a
Rent Review: August 2023
Area
The property extends to the following internal area
105sqm (1,130sq ft)
NAV/RV
£XXX
Price
Our client is disposing of their freehold interest for £XXX
V.A.T.
Figures quoted are exclusive of V.A.T.
E.P.C.
A copy of the E.P.C. will be made available for any interested party
Title & Lease
Available on request
Legal
Each party shall bear their own legal costs incurred in the transaction
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser/tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.