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Description
INCOME PRODUCING INVESTMENT***Prime Town Centre Location with High Footfall. SUPERSIZE 3,448sq ft Let to Betfred (Lease on Tacit) Passing Rent: £22,500p.a.x E.R.V £40,000p.a.x.
The premises comprise a prominent ground, first and second floor commercial unit all contained within a three storey traditional brick property with a pitched and slate roof.
The entire property is let to Done Brothers (Cash Betting) Limited (t/a Betfred) on a Full Repairing and Insuring lease running on tacit relocation, at a current passing rent of £22,500 per annum.
The property extends to the following internal area; Ground: 148.5sqm (1,598sq ft) First: 124.95sqm (1,345sq ft) Second: 46.93sqm (505sq ft) Total: 320.38sqm (3,448sq ft)
The premises have been fully fitted to the tenant's standard specification over ground and first with the second floor comprising ancillary storage, office and staff areas.
INCOME PRODUCING INVESTMENT***Prime Town Centre Location with High Footfall. SUPERSIZE 3,448sq ft Let to Betfred (Lease on Tacit) Passing Rent: £22,500p.a.x E.R.V £40,000p.a.x. This is a strong income-producing freehold investment let to Done Brothers (Cash Betting) Limited, trading as Betfred, one of the UK’s largest independent betting operators. Betfred generates annual turnover in excess of £1.4 billion, operates over 1,000 betting shops nationwide, and employs several thousand staff across its retail and online operations. The combination of a secure lease, attractive yield, and town centre location makes this an appealing addition to any commercial investment portfolio.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: Tacit
Rent: £22,500 per year / £1,875 per month
Yield: 8% (approx)
Tenant: Company
Notes: The entire property is let to Done Brothers (Cash Betting) Limited (t/a Betfred) on a Full Repairing and Insuring lease running on tacit relocation, at a current passing rent of £22,500 per annum.
Maps & Location
Map Street View SatelliteThe property is situated on the west side of High Street within Ayr town centre. Ayr is a coastal town on the Firth of Clyde in South Ayrshire, southwest Scotland, serving as the administrative and commercial centre of the area. The town itself has a population of around 46,000, rising to approximately 62,000 for the wider built-up area including contiguous parts of Prestwick. It draws a broader catchment from across South Ayrshire (population c.112,000) and neighbouring parts of Ayrshire, functioning as a regional hub for retail, services, tourism and administration. Transport links are strong. Ayr railway station provides frequent ScotRail services to Glasgow Central (typically around 50–60 minutes), with connections onward to Edinburgh, Kilmarnock, Girvan and Stranraer. The A77 bypass and A79 give direct road access to Glasgow and the wider motorway network, while Stagecoach express buses run regularly to Glasgow. Glasgow Prestwick Airport lies just 2–3 miles north of the town centre, offering domestic and European flights
Document Downloads
Pricing Information & Bidding
Opening Bid: £270,000
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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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General Terms & Conditions of Sale
Lot Specific Terms - 93-95High Street, Betfred Investment, Ayr