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46-52 Sandgate 1,585 SF Retail Building Ayr KA7 1BX $149,254 ($94.17/SF)
Investment Highlights
- Town Centre Retail Investment.
- Two units both let.
- Offers over £110,000.
- Prominent location on busy street.
- Passing Rent £12,000 per annum.
Executive Summary
The subjects comprise two retail units set within a single storey terraced property with each unit summarised as follows: Each unit is let with the lease terms summarised below: 46 Sandgate The unit is let for a period of 5 years from 1st November 2025 at a rental of £8,400 per annum, there is a tenant only option to break the lease at the end of Year 3 with the lease drawn on Internal Repairing Only terms. 52 Sandgate, Ayr The unit is let for a period of 5 years from 1st November 2025 at a rental of £3,600 per annum, there is a tenant only option to break the lease at the end of Year 3 with the lease drawn on Internal Repairing Only terms. Overall therefore the passing rent is currently £12,000 per annum.
Property Facts
Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,585 SF
Building Class
C
Year Built
1890
Price
$149,254
Price Per SF
$94.17
Tenancy
Multiple
Building Height
1 Story
Frontage
42’ on Sandgate
Amenities
- Security System
- Automatic Blinds
- Storage Space
1 1
Nearby Major Retailers
1 of 10
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46-52 Sandgate
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