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171-173 High St 2,333 SF 2% Leased Retail Building Ayr KA7 1QT $394,902 ($169.27/SF) 14.82% Cap Rate
Investment Highlights
- Fully let investment to a strong national telecoms operator (Three) until 2027.
- Prominent Ayr High Street location with full building footprint and 2,379 sq ft of accommodation. [171-173-Hi...-1QT-1 (1) | PDF]
- Attractive NIY (~11.4%) based on £45,000 rent and £395,000 asking price.
Executive Summary
Guide Price £295,000 reflecting a Net Initial Yield of 14.82%.
Property Facts
Amenities
- Security System
- Storage Space
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The available accommodation comprises the ground and first floors of a two-storey retail property. The ground floor provides a largely open plan retail sales area suitable for a range of retail occupiers, while the first floor offers ancillary accommodation. The layout supports efficient retail trading with back-of-house support space located above.
| Space | Size | Space Use | Position | Available |
| 171 | 1,278 SF | Retail | In-Line | Now |
171
| Size |
| 1,278 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
171
| Size | 1,278 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
The available accommodation comprises the ground and first floors of a two-storey retail property. The ground floor provides a largely open plan retail sales area suitable for a range of retail occupiers, while the first floor offers ancillary accommodation. The layout supports efficient retail trading with back-of-house support space located above.
Nearby Major Retailers
Presented by
171-173 High St
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