Portland Street, Troon, Ayrshire, KA10

Extensive Retail Unit
Situated In Affluent Town Of Troon
12,317sq ft
Dedicated Loading
Held on F.R.I Lease To The Factory Shop Ltd
Expiry: June 2026
Passing Rent: £40,000p.a.x.
Price: £400,000

Location

The property is situated on the north-west side of Portland Street within the coastal town of Troon.

The location benefits from being within a high footfall location and a main thoroughfare in the town.

Troon is a town in South Ayrshire, situated on the west coast of Scotland, about 8 miles (13 km) north of Ayr and 3 miles (5 km) northwest of Prestwick Airport. Troon has a population in excess of 14,750 with a further catchment from Prestwick, Ayr & Barassie. Neighbouring occupiers include Bruce's Well, Troon Swimming Pool, New Look and Poundland.

Property

The subjects comprise a ground and first floor retail unit set within a larger 2 storey commercial development surmounted by a flat roof overlaid in bitumen felt.

Benefiting from a large, glazed frontage, access to the property is gained via double doors at street level with loading area accessible via a common pend to the north of the property.

Internally the property has been fitted out to a high standard by the tenant, and in accordance with their corporate specifications. Lighting is provided by way of fluorescent strips recessed within the suspended acoustic tile ceiling. Floors have been overlaid in laminated timber and carpet throughout. To the rear of the development, partitions have been erected to form large storage area, staff facilities, office and w.c facilities.

The access to the upper floor has been removed by the current tenant however can be reinstated with ease, currently accessible via a hatch.

Area

The property has been measured on a net internal area basis and have been calculated to offer the following floor area:

Ground: 1,144.29sqm (12,317sq ft)

NAV/RV

£34,300

Executive Summary

The property is held on a full repairing and insuring head lease on the following terms

Tenant: The Factory Shop Ltd t/a Original Factory Shop
Expiry: June 2026
Passing Rent: £40,000p.a.x.

Price

The property is available on a freehold basis for £400,000

V.A.T

Prices quoted are exclusive of V.A.T

E.P.C

Available on request

Legal

Each party shall bear their own legal costs incurred in the transaction

Title

Available on request

Viewing

Appointments available on request alternatively virtual appointments can be made.

Anti-Money Laundering

In order to comply with anti-money laundering legislation, the successful purchaser/tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time