Description
PROMINENT FRONTAGE*** Large CORNER retail unit LET to LADBROKES on FRI LEASE at £26,500 PER ANNMUM until 27th November 2027. IMMEDIATE RENTAL INCOME***
EXCELLENT TRADING LOCATION within Saltcoats TOWN CENTRE. Nearby occupiers include Farmfoods, Greggs, Spec Savers, Card Factory, Subway and Boots Pharmacy.
Located on the South side of Dockhead Street at its junction with Quay Street within the town centre of Saltcoats. HIGH VOLUMES OF PASSING TRADE.
Saltcoats is located within the “Three Towns” area of North Ayrshire, which includes Ardrossan and Stevenston with a combined population in excess of 33,000persons.
PROMINENT FRONTAGE*** Large CORNER retail unit LET to LADBROKES on FRI LEASE at £26,500 PER ANNMUM until 27th November 2027. IMMEDIATE RENTAL INCOME*** EXCELLENT TRADING LOCATION within Saltcoats TOWN CENTRE. Nearby occupiers include Farmfoods, Greggs, Spec Savers, Card Factory, Subway and Boots Pharmacy. Ground floor commercial premises approx. 1,625 Sq. ft (150.97 Sq.m) LET to LADBROKES on FRI LEASE until 27th November 2027. Located on the South side of Dockhead Street at its junction with Quay Street within the town centre of Saltcoats. HIGH VOLUMES OF PASSING TRADE.
Saltcoats is located within the “Three Towns” area of North Ayrshire, which includes Ardrossan and Stevenston with a combined population in excess of 33,000persons.
Full Address: 2 Dockhead Street, Ladbrokes, Saltcoats, KA21 5EG
Show MoreTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: until 27th November 2027
Rent: £26,500 per year / £2,208 per month
Yield: 13% (approx)
Tenant: Company
Notes: The tenant has been in-situ since September 2003 and sought to extend their lease in 2015 prior to its expiry in 2018.
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Pricing Information & Bidding
Opening Bid: £200,000
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £1,750 for on time settlement
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Buy Now Price = £235,000
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Auction Details
Type: Timed Online Auction
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