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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

PRIME COMMERCIAL INVESTMENT OPPORTUNITY in the heart of Girvan Town centre. Large commercial unit being sold with tenanted in place paying £4,200 per annum- raising to £5,400 with lease until 2029.

SUPER SIZE AND LOCATION- Ground floor unit set within 2 storey sandstone building measuring approximately 1,044sq ft (97sqm) in busy town centre location. PERFECT INVESTMENT IN EXCELLENT CONDITION.

Accommodation comprises large front sales area with backroom storage, staffroom, kitchen and toilet. There are 2 rear doors in the back area providing fire escape route. Tenancy until January 2029

PRIME TRADING POSITION in busy tourist town within minutes of famous beach and Harbour offering immediate rental income of £350pcm increasing to £400pcm on year 2 and £450pcm until 2029.

Girvan is a popular seaside destination in affluent South Ayrshire approximately 6 miles along the the coast from the world famous Turnberry Resort- ensuring a high tourist population all year round.

PRIME COMMERCIAL INVESTMENT OPPORTUNITY in the heart of Girvan Town centre. Large commercial unit being sold with tenanted in place paying £4,200 per annum- raising to £5,400 with lease until 2029. SUPER SIZE AND LOCATION- Ground floor unit set within 2 storey sandstone building measuring approximately 1,044sq ft (97sqm) in busy town centre location. PERFECT INVESTMENT IN EXCELLENT CONDITION. Accommodation comprises large front sales area with backroom storage, staffroom, kitchen and toilet. There are 2 rear doors in the back area providing fire escape route. Ready to trade. PRIME TRADING POSITION in busy tourist town within minutes of famous beach and Harbour offering immediate rental income of £350pcm increasing to £400pcm on year 2 and £450pcm until 2029. Girvan is a popular seaside destination in affluent South Ayrshire approximately 6 miles along the the coast from the world famous Turnberry Resort- ensuring a high tourist population all year round.

Girvan, is located in South Ayrshire and is a popular commuter and seaside town. Girvan is also only a short drive from the famous Trump Turnberry golf resort and Culzean Castle. The golf course is located circa 5 miles north of the town and is a tourist draw to the area. The property is situated within the towns principal shopping street with nearby occupiers including Boots The Chemist, William Hill, Pam Gray Optometrist, Greggs and Savers amongst others.

Full Address: 26 Dalrymple Street, Former Victoria Wine, Girvan, KA26 9AE

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: Jan 2029
Rent: £4,200 per year / £350 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £34,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Buy Now Price = £50,000

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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