36 Queens Court, Sandgate, Ayr, KA7 1LE
- SIZE AVAILABLE
626 sq ft
58 sq m
- SECTOR
Commercial property for sale
Key features
- Central retailing location in Ayr town centre
- Forms part of Queens Court, a recently refurbished Victorian shopping arcade
- Prominent retail unit with dual frontage
- Net area 58.18sqm (626sqft) over ground and basement floor
- Let until 31/5/2030 at £8,000pa, rising to £8,500pa
- Offers over £75,000
- Net initial yield of 10.48% rising to 11.13%
Description
Queens Court is a mixed retail, office and licensed use Victorian property that has been subject to refurbishment and is now home to a variety of quality local businesses including Puck Espresso, Glosse Studios, Steven Walker Art Studio, Kensho Hair and Queens Court Dental Practice, among others.
The property occupies a prominent dual fronted position in the attractive single storey arcade section of Queens Court, originally built as a stable block.
The property is open plan retail space at ground floor level, with a toilet and internal access to a basement store.
The net internal floor area is 58.18sqm (626sqft) over ground and basement floor.
The rateable value is £4,850 and the property qualifies for 100% rates relief, subject to occupier status.
The property is occupied under a full repairing and insuring lease, let to a private individual (t/a Chantilly) that expires 31st May 2030, with a tenant break option on 1st June 2028 and subject to 6 months notice.
The rent is £8,000 per annum rising to £8,500 per annum from 1 June 2026.
Offers over £75,000 are invited, which is a net initial yield of 10.48% rising to 11.13% when the rent increases.
An EPC is available upon application.
Each party to be responsible for their own legal costs incurred.
Location
Queens Court occupies a prominent position on the east side of Sandgate at its junction with the niche retailing street of Newmarket Street in Ayr town centre. There is on street and public car parking nearby.
The property has a dual frontage on to Newmarket Street and one of the main entry points to Queens Court. Nearby occupiers include a mix of quality local retail, food and beverage and professional businesses including Pizzaioli, Rieker Shoes, The McKinstry Company solicitors and Royal Bank of Scotland, amongst others.
Brochures
36 Queens Court, Sandgate, Ayr, KA7 1LE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ayr Station0.4 miles
- Newton-on-Ayr Station0.8 miles
- Prestwick Town Station2.8 miles
Notes
Disclaimer - Property reference 363211-1. 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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