79 Templehill is a double fronted retail unit over the ground floor of a two storey and attic mixed use building of traditional construction.
The shop is well presented and has been sub-divided to form a front sales area with private treatment room, rear break-out area and a toilet.
Location
Templehill is a busy mixed commercial and residential street within Troon Town Centre, with the property a short walk west of the junctions with Portland Street and Ayr Street. Immediate businesses include a barber, an optician, a funeral director and a clothing and pram store.
Accommodation
The property extends to a net internal floor area of 63 sq.m. (680 sq.ft.), or thereby.
Terms
TENANCY - The property is let on a full repairing and insuring basis to a private salon operator until 31 December 2022 at a pasisng rent of £XXXpa. A new 5-year lease extension is agreed from 1st January 2023 at £XXX per annum, with provision for a rent review in 2025.
PRICE - Offers over £XXX are invited for our client’s heritable interest with the benefit of the existing lease in place, which is a net initial yield of 10.5% when the new lease takes effect.
EPC - EPC available upon request.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred.
Specification
- Central retailing position within Troon Town Centre
- Well-presented double fronted retail premises
- Net Internal Area 63 sq.m. (680 sq.ft.)
- Let to a salon operator until 12/27 at £XXX per annum
- Price – offers over £XXX are invited