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Town Centre Retail Investment

75 Dalblair Road, Ayr, KA7 1UQ
Offers In Excess Of, £130,000
  • Sizes:
  • 2260 sqft,
  • 209.96 ㎡

Type: Purchase

Summary

  • Central location in Ayr town centre
  • Located close to railway station and proposed transport hub
  • Large attractive retail unit, occupied as a clothing boutique
  • Net area 210 sqm (2,260 sqft)
  • Qualifies for 75% rates relief, subject to status
  • Let until February 2030 at £16,000pa
  • Offers over £130,000
  • Net initial yield of 12.1%

Location

Dalblair Road is a mixed commercial, retail and residential street in Ayr town centre, a short distance south of High Street and close to Burns Statue Square, with car parking nearby, a cinema and a variety of retail, professional and licensed/leisure businesses. The nearby area is earmarked to become a transport hub in future years.

Ayr is the largest town in the South Ayrshire region, with a population of over 46,000 persons and a catchment of over 112,000 persons in South Ayrshire. The town lies around 35 miles south west of Glasgow, just off the A77. There are regular rail services to Glasgow and surrounding Ayrshire towns from the nearby station.

Description

75 Dalblair Road is a double fronted retail unit located on the ground floor of a three-storey tenement building, with large open plan retail sales area, rear sales, stores, an office, a kitchen and a toilet towards to rear. The property is occupied by a boutique clothing business specialising in wedding, prom and occasional couture.

The net internal floor area is 210 sqm (2,260 sqft), or thereby.

The rateable value is £12,600 and the property qualifies for 75% rates relief, subject to occupier status.

The property is occupied under a full repairing and insuring lease, let to a limited company (t/a Lesley G) that expires February 2030. Full details available upon request.

The rent is £16,000 per annum.

Offers over £130,000 are invited, which is a net initial yield of 12.10%.

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Contact Details

Branch: Prestwick

Contact: Anthony Zdanowicz

Telephone: 01292 268055

Email: anthony.zdanowicz@dmhall.co.uk

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