FOR SALE BY ONLINE AUCTION WEDNESDAY 29th JANUARY 2025 AT 9AM*** GREAT OPPORTUNITY***To acquire a vacant ground floor retail unit in Ayr***Potential rental yield of 15.4%***
***Internally, the retail space is rectangular in shape. To the rear there is a kitchen and staff welfare facilities. The floor throughout the space is covered in tiles. The walls are of plaster/paint and the ceilings incorporate spot lighting. Space heating is provided electrically.***
***The property is situated on the west side of Main Street, at its junction with Crown Street. Frequent bus services operate on Main Street with Ayr Rail Station taking around 3 minutes’ drive. Nearby occupiers include Aldi, Farmfoods, William Hill and Carnegie Library.***
***Approximate net internal floor area of 38.92 sq m (419 sq ft)***
*** The rental potential is £450 pcm (£5,400 per annum). ***
***The subject comprise a ground floor retail unit contained within a parade of shops of masonry construction under a pitched and slated roof.***
***The subject offers single frontage with access via a recessed single timber framed glazed door way leading to the main sales area.
***Ayr is a town situated on the southwest coast of Scotland. It is the administrative centre of the South Ayrshire council area and the historic county town of Ayrshire. The town sits approximately 37 miles south west of Glasgow, 15 miles south west of Kilmarnock and can be accessed by the main arterial route of the M77 motorway.
***Opportunity to Purchase potentially lucrative property opportunity***Likely to attract substantial interest from developers and investors***
GUIDE PRICE - £35,000
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Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
Ground floor retail unit in Ayr
Potential rental yield of 15.4% per annum
Opportunity to Purchase potentially lucrative property opportunity
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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