Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of a Trust
Property Information
Location
Miles
38 miles south of Glasgow
83 miles south west of Edinburgh
Roads
M77, A77
Rail
Ayr Railway Station (ScotRail)
Air
Prestwick Airport (3 miles north)
Glasgow International Airport (41 miles north)
Situation
Ayr is the administrative centre for South Ayrshire and has a population of 46,000 people. The property is located in a busy position on the High Street in Ayr town centre. The High Street has restricted vehicle access and the property is located adjacent to several bus stops. Neighbouring occupiers include Marks & Spencer, BHS, Greggs, H Samuel, Coral, RS McColl and
Ladbrokes.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
38 miles south of Glasgow
83 miles south west of Edinburgh
Roads
M77, A77
Rail
Ayr Railway Station (ScotRail)
Air
Prestwick Airport (3 miles north)
Glasgow International Airport (41 miles north)
Situation
Ayr is the administrative centre for South Ayrshire and has a population of 46,000 people. The property is located in a busy position on the High Street in Ayr town centre. The High Street has restricted vehicle access and the property is located adjacent to several bus stops. Neighbouring occupiers include Marks & Spencer, BHS, Greggs, H Samuel, Coral, RS McColl and
Ladbrokes.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a modern ground floor retail unit with ancillary accommodation on the first floor.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a modern ground floor retail unit with ancillary accommodation on the first floor.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/(Reversion)
Ground First
Retail Ancillary
170.00 sq m 56.20 sq m
(1,830 sq ft) (605 sq ft)
SPORTSWIFT LIMITED (1) (t/a Card Factory)
10 years from 09/06/2013 (2)
£40,000
10/06/2018 (09/06/2023)
Totals
226.20 sq m
(2,435 sq ft)
£40,000
(1) For the year ending 31st January 2014 Sportswift Limited reported a turnover of £313,182,000, pre-tax profits of £69,243,000 and a total net worth of £215,073,000. (Source: www.riskdisk.com 10/06/2014). The parent company, Card Factory plc have a market capitalisation of £1.190bn. (Source: The London Stock Exchange 16/06/2015) (2)The tenant has a break option on 9th June 2018.
