Former Bar, Unit 29 & 32 Queens Court, Ayr, KA7 1BH

Description

• PRIME NEW LISTING. We are excited to present this vacant former bar and restaurant located within a prime location in Ayrshire.

• The property proves to hold massive value in the potential rental income alone, not to mention the passing trade/ Prime location.**

• This property presents a massive opportunity for an owner-occupier or investor to step in and benefit from substantial rental income or utilise the space as their own thriving business. Its proximity to local offices and consistent passing trade further enhances its appeal.

• With an impressive potential rental income of £15,000 to £20,000 per annum, this property offers a promising yield of 9% to 12%. It's a fantastic opportunity for the astute investor seeking both capital and rental growth potential.

• The property is poised for a swift reopening as a bar or restaurant, with minimal refurbishment needed. Additionally, it benefits from a rateable value of £8,700, qualifying for low rates relief, making it an even more attractive investment.

PRIME NEW LISTING. We are excited to present this vacant former bar and restaurant located within a prime location in Ayrshire.

The property comprises a welcoming main entrance, an inviting bar area, a cosy sitting area, a practical back room for storage, and well-maintained toilets.

This property presents a massive opportunity for an owner-occupier or investor to step in and benefit from substantial rental income or utilise the space as their own thriving business. Its proximity to local offices and consistent passing trade further enhances its appeal.

With an impressive potential rental income of £15,000 to £20,000 per annum, this property offers a promising yield of 9% to 12%. It's a fantastic opportunity for the astute investor seeking both capital and rental growth potential.

The property is poised for a swift reopening as a bar or restaurant, with minimal refurbishment needed. Additionally, it benefits from a rateable value of £8,700, qualifying for low rates relief, making it an even more attractive investment.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**The property proves to hold massive value in the potential rental income alone, not to mention the passing trade/ Prime location.**

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

Ayrshire is renowned for its stunning coastline and historic sites, offering a vibrant community with excellent transport links and thriving local businesses. It’s an ideal location for both commerce and leisure.

Map

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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.