93 Portland Street, Troon, KA10 6QN
- SIZE AVAILABLE
702 sq ft
65 sq m
- SECTOR
Restaurant for sale
Key features
- Centre Of Affluent Town
- Take Away Unit
- Held on F.R.I Lease on Personal Name
- Expiry October 2035 (With Option To Extend)
- Passing £12,000p.a.
- Fixed Increase in 2027 to £13,000p.a.
- Sale: o/o £110,000
Description
The ground floor commercial space is fitted as a chinese take away, with customer servery to the front, partitioned pitching within the middle of the property and rear stores, w.c and prep area within a single storey extension to the rear.
The property has been extensively renovated by the tenant.
Area
The commercial space extends to the following internal area;
Ground: 65.2sqm (702sq ft)
Investment Summary
The property is held on a full repairing and insuring head lease on a personal name expiring 30th October 2035, with a tenants break option on 31st October 2030. The tenant has an option to extend the lease for a further 10years.
The current passing rent is £12,000p.a. with a fixed increase to £13,000p.a. from 31st October 2027. There are rent review cycles every 5th year (next October 2030). The landlord holds a deposit of £1,500.
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.
Brochures
93 Portland Street, Troon, KA10 6QN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Troon Station0.3 miles
- Barassie Station1.0 miles
- Prestwick International Airport Station3.1 miles
Notes
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