Description
The accommodation is summarised as follows:
Residential
Lower Ground Floor - GIA 38.6 sq. m. (416 sq. ft.)Ground Floor - GIA 44.1 sq. m. (474 sq. ft.)First Floor - GIA 85.0 sq. m. (915 sq. ft.)Attic Flat - GIA 60.5 sq. m. (651 sq. ft.)
Shop Unit
NIA 37.8 sq. m. (407 sq. ft.)
Three of the four flats are curently let on Short Assured Tenancy Agreements producing an annual rental of £14,950 per annum. The attic flat is currently vacant although once occupied rental income should increase to £19,500 per annum.
The shop is curently let on an annual lease at a rental of £6,960 per annum.. The potential annual income is therefore around £26,500 per annum.
Offers over £375,000 are invited
Similar properties in the area
Investment for sale
46-52 Sandgate, Ayr, Ayrshire, KA7 1BX
1570 sq. ft (145.86 m²)
Please contact us for full details.
Investment for sale
2 Miller Road, Ayr, Ayrshire, KA7 2AY
2949 sq. ft (273.97 m²)
Please contact us for full details.
Investment for sale
Chestnuts Hotel 52, Racecourse Road, Ayr, South Ayrshire, KA7 2UZ
Substantial stone property in large corner plot. Successful and established tenant business. Rental �86,800 per annum - RPI increase at review. Rental guarantee for lease duration. Offers over �1,100,000
Investment for sale
65 Titchfield Street, Kilmarnock, Ayrshire, KA1 1QS
452 sq. ft (41.99 m²)
Popular secondary town centre location. Current passing rent �7,500 per annum. No rates payable subject to status. 42.48 sq. m. (457 sq. ft.). Offers over �75,000.