Eglinton Street, Beith, Ayrshire, KA15

Town Centre Location
Ground Floor
1,300sq ft
Let to Royal Mail
Expiry: 2032
Passing Rent: £7,100p.a
Price: o/o £69,000

Location

The subjects are situated on the South side of Eglinton Street, West of its junction with the B706 within the town of Beith in Ayrshire.

Beith is situated within the North Ayrshire area approximately 5miles North of Daley and 12 miles South of Paisley. The town has a resident population of c.6,400 with a further catchment of 10,000 and is a popular seasonal destination.

Property

The property comprises a traditionally constructed 2 storey development with commercial occupiers at ground floor and office / residential development potential at first floor - under separate ownership.

Royal Mail have fitted out the property in accordance with their corporate requirements with secure access and egress, staff room, managerial office, tea prep and w.c facilities

Lease Summary

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

Tenant: Royal Mail Group
Expiry: March 2032
Passing Rent: £7,100p.a
Rent Increase: Rent increased annually on 25th March on a standard 2.5% escalator
Tenant Break: Annually providing 12 months notice

Area

120.79sqm (1,300sq ft)

Price

The property is available on a freehold basis for o/o £69,000

E.P.C

Available on request

V.A.T

Prices quoted are exclusive of V.A.T

Legal

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

Viewing

Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business

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