Lot 1

Guide Price: £105,000 - Bid Now

53-55 Newmarket Street, Ayr, KA7 1LL


Key Features:

AYR TOWN CENTRE INVESTMENT Fully fitted and ready to occupy cafe in town centre with offices. RENTAL POTENTIAL £17-18,000 per annum. Vat Free. All appliances equipment tables chairs fixtures and fittings INCLUDED. ***TURN KEY***


  • Qualifies for 100% rates relief. READY TO LET. The office associated with the premises, on the first floor of the building, is accessed via a separate staircase in a common close
  • The subjects comprise retail premises (fitted and previously used as a cafe), occupying part of the ground and first floor of a two storey property with substantial single storey extension to the rear.
  • The property has a modern retail frontage with aluminium framed display window and doorway with painted stone fascia and illuminated display signage above.
  • Located on Newmarket Street, a pedestrianised, secondary town centre retailing location, forming a link between High Street and Sandgate.

Description:

ACCOMMODATION The internal accommodation comprises the following: GROUND FLOOR • Front storage area • Rear customer area • WC facilities FIRST FLOOR • Two linked office rooms Loose seating could be provided for around thirty in the ground floor cafe area. There is further room for a fixed staff counter adjacent to the entrance doorway. Facilities include a gents toilet with WC and wash hand basin and ladies/disabled access toilet also with WC and wash hand basin. Fitments are modern in design. The first-floor office comprises of two rooms with a laminate finish to timber floor, with painted and plastered walls and ceiling. Timber casement windows are installed to both front and rear elevation offering natural light. Strip lights are also installed. FLOOR AREA The approximate net internal floor area is: Ground floor: Retail - 66.66 m2 (685 sq2) First floor: Offices - 23.95 m2 (258 sq2) Total - 87.61m2 (943 sq2) SERVICES The property is understood to connect to mains supplies of water and electricity with drainage assumed to be to the main public sewer. WC facilities are on the ground floor retail area only. There are no facilities serving the upper floor office. None of the systems, circuits or services have been checked or tested for the purpose of these details. CURRENT PLANNING USE/CONSENT(S) The subjects were previously used as a cafe and we assume the subjects benefit from Class 1 Planning consent, all in terms of the Town & Country Planning (Use Classes) (Scotland) Order 1997. This point should be confirmed by relevant legal advisors. RATING ASSESSMENT Ground floor - £10,000 First floor - £1,800

Location:


Ayr, the former county town, is a vibrant, popular and cultural town, with a theatre, a cinema and thriving local shops and restaurants. It is well served with good local authority schools, and an excellent independent school, Wellington. Some of Scotland’s finest golf courses are nearby. One of the town’s principal assets, of course, is its proximity to some of the finest coastal and inland scenery in Scotland. The subject property is located on Newmarket Street, a pedestrianised, secondary town centre retailing location, forming a link between High Street and Sandgate.

Rateable Value:


CLICK HERE to visit the Scottish Assessors Association Website & automatically search this property's postcode for values. The Scottish Assessors’ Portal provides details of Council Tax Bands and Rateable Values for all properties in Scotland.

Ownership & Occupation:


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.

Guide Price: £105,000 - Bid Now


Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set no more than 10% above or below the advertised guide price.

Bid Now Explained:


You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.












Open Viewings Scheduled:


  • Monday, May 28, 2018  :  1.30pm -> 2.00pm

  • Friday, June 01, 2018  :  1.30pm -> 2.00pm


Internal Open Viewings:


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime:


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.


















Offer Now:

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person:

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live:

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy: (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form







  • Auction Date:

    13 June 2018


  • Start Time:

    7.00pm


  • Auction Location:

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions:


View a Map & Directions to the Auction Venue.
Glasgow Radisson | Edinburgh Marriott


Registration:

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs:

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits:

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method:

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.