Back
Guide Price
£62,000 Guide Price

5 Newmarket Street, Ayr, KA7 1LL

209304008

Loading...

4

days

7

hours

32

minutes

7

seconds

Want to make an offer?

Offer Now

Loading...

4

days

7

hours

32

minutes

7

seconds

Type

Commercial

Ownership

Freehold

Occupation

Occupied

Bedrooms

Council Tax

Legal Pack
Download
REDACTED-Extract-Lease-5-Newmarket-Street-Ayr.pdf

Available documents

Legal Pack
Access documents
Tenanted Commercial Investment Opportunity

Details

Property Summary

  • Prime Property Auctions New Entry – Modern commercial premises located in a busy high street in Ayr. Previously let at £8,500 per annum, generating an IMPRESSIVE gross yield of 13.7% based on a guide price of £62,000.

  • Property consists of being a prominent class 2 retail unit. Property is easily lettable with the previous tenant in situ, paying £708 per calendar month. 

  • Property could achieve market rent of between £8,500 - £10,000. This would generate a FANTASTIC gross yield of 16.13%. Sure to appeal to a shrewd commercial investor. 

  • Large Premises that extends to approximately 538 square feet and has a rateable value of £9,400 making it eligible for 100% BUSINESS RATES RELIEF.   

  • Property benefits from fantastic footfall and is sure to appeal to landlords looking for an affordable, high yielding turnkey commercial investment.  

 

 

 

Prime Property Auctions New Entry – Modern commercial premises located in a busy high street in Ayr. Previously let at £8,500 per annum, generating an IMPRESSIVE gross yield of 13.7% based on a guide price of £62,000.

 

*** 100% BUSINESS RATES RELIEF ***

 

Property consists of being a prominent class 2 retail unit. Property is easily lettable with the previous tenant in situ, paying £708 per calendar month. 

 

Property could achieve market rent of between £8,500 - £10,000. This would generate a FANTASTIC gross yield of 16.13%. Sure to appeal to a shrewd commercial investor. 

 

Large Premises that extends to approximately 538 square feet and has a rateable value of £9,400 making it eligible for 100% BUSINESS RATES RELIEF.   

 

*** 100% BUSINESS RATES RELIEF ***

Sure to appeal to commercial investors looking for a high yielding, commercial investment opportunity.   

Property benefits from fantastic footfall and is sure to appeal to landlords looking for an affordable, immediate cash flowing commercial investment.

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.

 

This property is offered at a fantastic price to ensure an Auction sale.

 

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location

 

Ayr, Scotland, is a historic town located on the southwest coast, renowned for its scenic beauty, rich history, and vibrant community. The town offers beautiful beaches, parks like Rozelle Park and Belleisle Park, and historic sites such as Ayr Town Hall and the Robert Burns Birthplace Museum, enhancing the quality of life with ample opportunities for outdoor activities and cultural experiences. 

 

As a tourist destination, Ayr presents investment opportunities in the hospitality sector, and its diversified local economy supports real estate, retail, education, healthcare, and small businesses. Families are drawn to Ayr for its well-regarded schools and Ayrshire College, while the strong community spirit is reflected in local events, festivals, and markets. 

 

Excellent transport links, including frequent train services to Glasgow, make Ayr convenient for commuters. The town's lively cultural scene, with venues like the Gaiety Theatre, sports facilities, and Ayr Racecourse, provides varied entertainment and recreational options. Healthcare services are robust, with facilities such as Ayr Hospital offering comprehensive care. Ongoing regeneration projects aimed at revitalizing the town center and waterfront areas create new business opportunities and enhance Ayr's appeal for residents and visitors alike. This combination of natural beauty, economic potential, excellent connectivity, and community life makes Ayr a compelling choice for living and investing in Scotland.
Deposit & Fee Calculator

10%, minimum deposit £3,000

3% + VAT with a £4,000 minimum fee (inc VAT)

Total payable today if offer accepted (deposit + fee)

£0

Need help funding this purchase?

Get Instant Finance Quote

Location

Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.

Virtual Tours

Floorplans

Property Features

  • Prime Property Auctions New Entry – Modern commercial premises located in a busy high street in Ayr. Previously let at £8,500 per annum, generating an IMPRESSIVE gross yield of 13.7% based on a guide price of £62,000.
  • Property consists of being a prominent class 2 retail unit. Property is easily lettable with the previous tenant in situ, paying £708 per calendar month. 
  • Property could achieve market rent of between £8,500 - £10,000. This would generate a FANTASTIC gross yield of 16.13%. Sure to appeal to a shrewd commercial investor. 
  • Large Premises that extends to approximately 538 square feet and has a rateable value of £9,400 making it eligible for 100% BUSINESS RATES RELIEF.   
  • Property benefits from fantastic footfall and is sure to appeal to landlords looking for an affordable, high yielding turnkey commercial investment.  

Contact Us

Request more Information

"*" indicates required fields

Name*
This field is for validation purposes and should be left unchanged.
commercial
75000

Be the first to find out about new opportunities. Join our preferred buyer list here.

This field is for validation purposes and should be left unchanged.

Sell Your Property within 28 Days

You Set The Price, No Upfront Costs & No Sale, No Fee. 

Contact Information

Key Links

Copyright Prime Property Auctions (Scotland) Limited 2024

Privacy Policy

Sitemap

Request documents

We just need to collect some details before we make this file available.

"*" indicates required fields

Name*

Request Access

Once you have submitted your details you will receive a copy of the requested files