Retail Property (high street) for sale

High Street, Ayr, Ayrshire, KA7

Offers in Region of 603–2,024 sq. ft. | £450,000

Property Description

Commercial information

  • 603 sq ft (56 sq m)
  • Use class orders: A1 Shops and C3 Dwelling Houses

Key features

  • Prominent High Street location
  • Entire category C listed property
  • No 106 - retail unit of 56 sq.m (603 sq.ft)
  • No 108 - 4 x 2 bedroom & 3 x 1 bedroom flats
  • No 110 - retail unit of 188 sq.m (2,024 sq.ft)
  • Current rent of 32,580 per annum, ERV 67,500 per annum
  • Offers around 450,000

Full description

Tenure: Freehold

High Street is the prime retailing location within Ayr Town Centre, with
the subjects situated towards the north end of the street close to its
junction with Newmarket Street. Nearby occupiers include H Samuel,
Game, Corals, McColls and M&S.

Ayr is the principle town within South Ayrshire and has a population
of around 47,000 persons. The town lies on the A/M77 providing road
access north to Glasgow (35 miles) and south to Stranraer (75 miles).
Ayr railway station, a 15 minute walk from the subjects, has regular
services to Glasgow.


The subjects comprise a category C listed terraced tenement style
building of traditional blonde sandstone construction, contained over
three storeys and an attic floor. The building extends in to a series of
rear projections.

106 High Street
Single fronted retail unit having the benefit of class 2 (professional/
financial) consent, sub-divided to form a main sales area, rear
storage/staff area and a toilet.

The shop extends to a net internal floor area of 56 sq.m (603 sq.ft),
or thereby.

108 High Street
Seven self-contained apartments consisting of four, two bedroom and
three one bedroom properties, all tenanted on the date of instruction.
There is private access to the apartments via a close pend on to High
Street.

110 High Street
Double fronted retail unit extending in to a series of rear projections
and consisting of main and rear sales areas with rear stores and
toilets.

The shop extends to a net internal floor area of 188 sq.m (2,024 sq.ft),
or thereby.

RATING

From the Scottish Assessors website we note the Rateable Value of
the shops to be as follows:
106 High Street - 26,000
110 High Street - 44,750

Please note that the building is listed and, as such, the shops should
benefit from 100% rates relief when vacant, subject to status. The
apartments are all B rated in the Council Tax Bandings.

TENANCY

The shop units are currently vacant. 106 High Street has an estimated
rental value of 15,000 per annum, whilst 110 High Street has an
estimated rental value of 20,000 per annum.

The apartments, on the date of inspection, were fully occupied under
a series of Short Assured Tenancy agreements with a total rent of
32,580 per annum.

PRICE
Offers around 450,000 are invited for our client's heritable interest in
the entire building.

All prices are quoted exclusive of VAT.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Ayr (0.4 mi)
  • Newton-on-Ayr (0.7 mi)
  • Prestwick Town (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

DM Hall , Glasgow

14 Newton Place, Glasgow, G3 7PY

0141 392 0859 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Ayr (0.4 mi)
  • Newton-on-Ayr (0.7 mi)
  • Prestwick Town (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

DM Hall , Glasgow

14 Newton Place, Glasgow, G3 7PY

0141 392 0859 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference WSA1046. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by DM Hall , Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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