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93 Portland Street, Troon, KA10 6QN

Offers in Excess of
£110,000

£156.70 per sq ft

Business rates & charges may apply

TSA Property Consultants Ltd, Glasgow
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 property comprises a ground floor take away within a larger 2 storey mixed use development of traditional construction.

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

Approximate location

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

About TSA Property Consultants Ltd, Glasgow

162 Buchanan Street, Glasgow, G1 2LL

Notes

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Disclaimer - Property reference 379595-1. 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 TSA Property Consultants Ltd, 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.