Comprises a parade of three adjoining retail units - totalling approximately 30,136 sq ft
Let to tenants trading as Savers and Clintons
Pedestrianised town centre location
Nearby occupiers include Marks & Spencer, Boots the Chemist, WH Smith, Vodafone and Superdrug
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 75
Auction 30th March 2017
Rent £85,000 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
24 miles south-west of Glasgow
Roads
A71, A76, A77, M77
Rail
Kilmarnock Railway Station
Air
Glasgow Prestwick Airport, Glasgow International Airport
Situation
The property is prominently situated on the west side of pedestrianised King Street, close to The Burns Shopping Mall in the heart of the town centre. Nearby occupiers include Marks & Spencer, Boots the Chemist, WH Smith, Vodafone and Superdrug.
Tenure
Heritable. (Scottish Equivalent of English Freehold) .
Location
Miles
24 miles south-west of Glasgow
Roads
A71, A76, A77, M77
Rail
Kilmarnock Railway Station
Air
Glasgow Prestwick Airport, Glasgow International Airport
Situation
The property is prominently situated on the west side of pedestrianised King Street, close to The Burns Shopping Mall in the heart of the town centre. Nearby occupiers include Marks & Spencer, Boots the Chemist, WH Smith, Vodafone and Superdrug.
Tenure
Heritable. (Scottish Equivalent of English Freehold) .
Description
The property comprises three adjoining ground floor retail units with ancillary accommodation in the basement, first and second floors.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises three adjoining ground floor retail units with ancillary accommodation in the basement, first and second floors.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
(1) Savers was established in 1996 and is a leading retailer of discount health and beauty products, operating over 380 stores throughout the UK (www.savers.co.uk). (2) Clintons is the trading name of AG Retail Cards Limited. Clintons was established in 1968 and is a leading retailer of cards and gifts, operating over 400 stores throughout the UK (www.clintonsretail.com) (3) Under Scottish law, the lease will continue year on year on the same terms and conditions until the next anniversary, which will be the 1st July 2017. If either the tenant or the landlord wish to terminate the lease, they must serve a notice to quit 40 clear days prior to the anniversary.
