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Investment property - tenanted commercial unit
Ayr, KA7 - Get Access
Description
Traditional retail premises in a prominent corner position within Ayr Town Centre. The property is located within New Bridge Street, opposite the junction with High Street. Currently rented to a barber for £500 pcm (£6,000 per annum). Mains drainage, water, and electricity supplies are available. Strong retail position at the pedestrian crossing with ample footfall and fantastic frontage onto the busy High Street. Formerly occupied as trading in gold, the subjects are suitable for a variety of retail uses, a convenience store, or Class 2 use. The internal retail area is approximately 17.36 sq.m (187 sq.ft) and comprises a compact retail sales area to the front with adjacent staff/toilets to the rear, and a main entrance leading directly into the shop floor. The property is currently entered in the Valuation Roll with an NAV/RV of £3,800, and under the Small Business Bonus Scheme, it may qualify for 100% relief. Ayr within South Ayrshire is approximately 36 miles south west of Glasgow, with a resident population of approximately 50,000, maintaining a strong tradition as a market and tourist town. The town benefits from a good transport network with the A77 / M77 to Glasgow and the A70 linking into the M74 motorway. Surrounding occupiers include a USA Nail Bar, Ian Fair Opticians, Coral Bookmakers, RS McColls, and Wetherspoons.
Comparable sales
Flat 2, 1, Boat Vennal, KA7 1JX
0.0 mi
£51,000
4a, New Bridge Street, KA7 1JX
0.0 mi
£52,000
8/1, Boat Vennal, KA7 1JX
0.0 mi
£55,000
Estimated market value
£
Range:
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Medium confidence
Floor Area: 187 sq ft (Listing)
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