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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***
Ground floor commercial premises approx. 1,625 Sq. ft (150.97 Sq.m) LET to LADBROKES on FRI LEASE until 27th November 2027.
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.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: until 27th November 2027
Rent: £26,500 per year / £2,208 per month
Yield: 18% (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.
Maps & Location
Map Street View SatelliteSaltcoats is located within the “Three Towns” area of North Ayrshire, which includes Ardrossan and Stevenston with a combined population in excess of 33,000persons.
Document Downloads
Pricing Information & Bidding
Opening Bid: £147,000
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). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 2Dockhead Street, Let Ladbrokes, Saltcoats
Buy Now Price = £189,000
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