Marketed by
Shepherd Chartered Surveyors
Ayr
5 Miller Rd, Ayr KA7 2AY
Available
1 of 4
Offers Over
£95,000
102 Argyll Street, Dunoon, Argyll, PA23 7NE
1711 sq. ft (158.96 m²)
Key features
- Prime Retail Investment
- Prime town centre location
- 185.84 sq. m. (1,710 sq. ft.)
- Let until April 2030
- Passing rent £10,000 per annum
- Offers over £95,000
- Net Initial Yield 10.34%
Description
The subjects comprise the ground floor of a two storey end terrace building formed in stone and surmounted by a pitched roof clad in slate.
Internal accommodation comprises the following:
Retail area
Staff office
Storage
Staff WC
Kitchen
The property is currently let to Semi Chem on a full repairing and insuring terms for an initial 5-year lease subsequently extended and due to expire on 10th April 2030 with a tenant break option on 11th April 2028. The passing rent is £10,000 per annum.
Internal accommodation comprises the following:
Retail area
Staff office
Storage
Staff WC
Kitchen
The property is currently let to Semi Chem on a full repairing and insuring terms for an initial 5-year lease subsequently extended and due to expire on 10th April 2030 with a tenant break option on 11th April 2028. The passing rent is £10,000 per annum.
Reference: 6751_sales
Marketed by
Shepherd Chartered Surveyors
Ayr
5 Miller Rd, Ayr KA7 2AY
Similar properties in the area
Available
- Photos available 8
- Brochure available
£625,000
Investment for sale
Dumbarton Road, Duntocher, Clydebank, G81 6DS
3534 sq. ft (328.32 m²)
Substantial Funeral Director Investment | Held on 15yr FRI Lease Lease Increasing to �47,000p.a. in 2026 | Fixed Compounded Rent Reviews
Marketed by
TSA Property Consultants Glasgow