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Description
1,200 sq ft MIXED USE COMMERCIAL PORTFOLIO - Compromising ground floor commercial with upper floor residential three-bedroom flat. Rental Estimate £16,000pa +. Super Potential Yield.
The ground floor retail space extends to approximately 1,200 sq ft and was previously occupied by a retail business, offering potential for various future uses, subject to necessary consents.
The first-floor flat is currently vacant and presents a refurbishment opportunity. Once fully renovated - Realistic rental potential around £675pcm (£8,100 per annum)
PERFECT, LOW COST ADDITION TO ANY INVESTMENT PORTFOLIO with good rental return once fully renovated within extremely high demand location. Certain to appeal to multiple investors.
Hope Street benefits from a well-connected central location with a range of amenities close, making it worthy of consideration by investors, owner-occupiers and businesses seeking a property.
PRIME INVESTMENT - MIXED USE COMMERCIAL PROPERTY***vacant TOWN CENTRE property compromising ground floor commercial with upper floor residential. HIGH DEMAND RENTAL LOCATION**** The ground floor retail space extends to approximately 1,200 sq ft and was previously occupied by a retail business, offering potential for various future uses, subject to necessary consents. Rental potential of the commercial unit approximately £8,000 per annum. The first-floor flat is currently vacant and presents a refurbishment opportunity. Once fully renovated - Realistic rental potential around £675pcm (£8,100 per annum) PERFECT, LOW COST ADDITION TO ANY INVESTMENT PORTFOLIO with good rental return once fully renovated within extremely high demand location. Certain to appeal to multiple investors. Hope Street benefits from a well-connected central location with a range of amenities close, making it worthy of consideration by investors, owner-occupiers and businesses seeking a property.
Maps & Location
Map Street View SatelliteThe street is situated within Ayr town centre, offering convenient access to a variety of everyday amenities, including shops, supermarkets, cafés, restaurants, banks and other local services. The nearby High Street and Ayr Central shopping centre provide further retail and leisure facilities, while the town's wider attractions, including the seafront and beach, add to its appeal for residents and visitors. The location is particularly attractive for a mixed-use property, as the central setting may appeal to businesses seeking a town-centre presence alongside residential tenants looking for convenience and accessibility. Ayr railway station provides rail connections towards Glasgow and other destinations, while Ayr bus station offers local and regional bus services. The area is also accessible by road, with public parking facilities available within the town centre.
Document Downloads
Pricing Information & Bidding
Opening Bid: £55,000
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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 = 3% of Sale Price (Minimum £3,250 + 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 - 10-12Hope St, Portfolio Sale, Ayr