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Ground floor retail premises
Ayr, KA7 - Get Access
1 bath
Description
This ground floor retail premises presents an immediate income-producing investment opportunity. Located on the High Street in Ayr town centre, the property offers 136 sqm (1,463 sq ft) of space in a prominent position. The interior features an open-plan retail area with partitioned facilities at the rear, including w.c. and storage. The property is currently let to Merkur Slots UK Ltd on a full repairing and insuring lease, with an expiry date of 11th June 2039 and a tenant break option in June 2029. Rent reviews are scheduled for June 2029 and 2034, with a passing rent of £26,500 per annum. This excellent trading location benefits from high levels of passing trade and a highly visible frontage. Nearby occupiers include Greggs, Warren James, Specsavers, and Caffe Nero. Ayr is a popular coastal market town in South Ayrshire, offering excellent transport links and considered Ayrshire's premier shopping destination. The High Street is centrally located, connecting to Sandgate and Newmarket Street, and is approximately 200 meters from Ayr Central, further contributing to high footfall.