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Commercial Investment Property

Ayr, KA7 - Get Access

Description

INCOME PRODUCING INVESTMENT*** Retail Unit in in EXCELLENT TRADING POSITION. Entirely let to Cancer research UK in occupation producing £37,500 per annum on a FRI Lease. Tenant: Cancer Research UK Lease Length:10 years from 05.03.2015 Rent review: Every 5th year Current Rent: £37,500 p.a. Full repairing and Insuring Lease The area has been calculated to extend to the following net areas: Ground Floor 138.89 sq m 1,495 sq ft PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £37,500 PER ANNUM Neighboring occupiers close by include Cex, Timpson, Bank of Scotland, TSB Bank, Iceland, Waterstones, Burger King, Boots and Mountain Warehouse amongst many others. High Street is located in the centre of Ayr, one of the principal towns on Scotland’s southwest coast. As the town’s main shopping and commercial street, it benefits from a wide range of amenities including supermarkets, banks, cafés, restaurants, retail stores, healthcare facilities, and leisure services, all within walking distance. The area is also close to key attractions such as Ayr Beach, The Wallace Tower, and the town centre’s pedestrian shopping precinct. Transport links are excellent, with Ayr Railway Station located nearby, providing regular rail services to Glasgow and surrounding areas. Numerous local and regional bus routes serve the town centre, while the nearby A77 trunk road offers convenient road connections to Glasgow, Kilmarnock, and the wider Ayrshire region. The combination of central location, comprehensive amenities, and strong transport connectivity makes High Street a highly accessible and desirable location for both residents and visitors.
Comparable sales
115, High Street, KA7 1QL 0.0 mi
Flat
£54,000
1 year ago
Flat A, 126, High Street, KA7 1PR 0.0 mi
Flat
£77,500
1 year ago
89, High Street, KA7 1QL 0.0 mi
Flat
£42,000
8 months ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,495 sq ft (Listing)

This commercial retail investment on Ayr's primary high street was valued by examining local high street transaction comparables and applying an investment yield model to the established passing rent. The property benefits from a prime trading location and a secure corporate tenant on a Full Repairing and Insuring lease. Condition review indicates fair overall order with specific requirements for exterior masonry maintenance. Floor area of 1,495 sq ft was adopted from the property listing and building measurements.

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