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Portfolio of 3 Retail Units
Irvine, KA12 - Get Access
Description
Three commercial units in a prime town centre location, comprising 8,217 sq ft in total. This is a part-income-producing property with Class 1/2 retail space and hot food potential. The estimated total annual rent when fully let is £55,000-£60,000.
34 Bridgegate: Ground floor 150.4 sqm (1,619 sq ft), first floor 113.9 sqm (1,226 sq ft), totaling 264 sqm (2,845 sq ft). Currently vacant with an estimated rental value of £22,000 per annum.
36 Bridgegate: Ground floor 110.56 sqm (1,190 sq ft), first floor 67.27 sqm (724 sq ft), totaling 177.83 sqm (1,914 sq ft). Held on an FRI lease expiring April 2029 (with tenant option to extend), currently achieving a passing rent of £14,000 per annum.
38-40 Bridgegate: Ground floor 188.13 sqm (2,025 sq ft), first floor 133.13 sqm (1,433 sq ft), totaling 321.26 sqm (3,458 sq ft). Currently vacant, historically let for £45,000 per annum.
Internally, each property offers ground floor retail/cafe/showroom space with a WC and tea preparation area on the upper floors, which also provide storage space. A fire escape is accessible at the upper floor level.
The property is situated on the north side of Bridgegate, within the pedestrianised town centre, offering high visibility and a busy position in Irvine, Ayrshire. Irvine is located 30 miles southwest of Glasgow and 15 miles north of Ayr. It is the principal town in North Ayrshire with a population of over 34,000 and a catchment of over 135,000. The town benefits from road access to Greenock, Ayr, Kilmarnock, and Glasgow, with Prestwick Airport located 7 miles south. Neighboring occupiers include Savers, The Rivergate Shopping Centre, Ramsdens Pawnbrokers, Nationwide Building Society, and Irvine Town Hall.