Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

Kip MacGrath, 11 RIVER STREET , Ayr, KA8 0AX

1,130 Sq Ft / Offices

For Sale - £87,500.00

Available - Last updated: 11 November 2022

Ground Floor

Class 2 Property

1,130sq ft

Rates Exempt

V.A.T. Free

Let To Kip MacGrath 

Expiry: August 2025

Passing Rent: £9,600p.a.

Price: £87,500

 

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: £9,600p.a

Rent Review: August 2023

 

Area

 

The property extends to the following internal area

 

105sqm (1,130sq ft)

 

NAV/RV

 

£8,700

 

Price

 

Our client is disposing of their freehold interest for £87,500

 

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. 

 

 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £87,500.00 NA

Email me updates about similar new properties


Show similar properties

Contact agents

Will Rennie

TSA Property Consultants

0141 538 0192



Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks, your enquiry has been sent to the agent

In response to the boxes you ticked, we'd like to send you emails about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.