81 High Street Irvine North Ayrshire KA12 0AL

81 High Street
Irvine
North Ayrshire
KA12 0AL

Heritable Retail Investment

  • Prominent ground floor retail unit on busy High Street
  • Neighbouring occupiers include Iceland, RS McColl and Royal Bank of Scotland
  • Passing rent of £8,500 pa
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    125
  • Auction
    13th October 2016
  • Rent
    £8,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £70,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
Important Update
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* More information on the term "guide" can be found here

Heritable Retail Investment

  • Prominent ground floor retail unit on busy High Street
  • Neighbouring occupiers include Iceland, RS McColl and Royal Bank of Scotland
  • Passing rent of £8,500 pa
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 125
  • Auction 13th October 2016
  • Rent
  • Status Sold
  • Price £70,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Miles
25 miles south-west of Glasgow, 9 miles west of Kilmarnock
Roads
A77, M77
Rail
Irvine Rail
Air
Prestwick Airport, Glasgow International Airport
Situation

Irvine is one of Scotland's New Towns and is the administrative centre for North Ayrshire Council. The town has a resident population of approximately 33,200 and is the main shopping centre in North Ayrshire. There are a wide range of services and facilities available within the
town centre including Irvine Library located on the High Street. The town enjoys good transport links via the A78 and A71 to access the A77/M77 at Kilmarnock. Irvine also benefits from being on the Ayr-Glasgow rail line. The property is located on the High Street, a main bus route through the town and benefiting from on-street car parking. Neighbouring occupiers to the subject property include Iceland, Royal Bank of Scotland, RS McColl and Harvey and Thompson.

Tenure

Heritable. (Scottish equivalent of English freehold.)

Location
Miles
25 miles south-west of Glasgow, 9 miles west of Kilmarnock
Roads
A77, M77
Rail
Irvine Rail
Air
Prestwick Airport, Glasgow International Airport
Situation

Irvine is one of Scotland's New Towns and is the administrative centre for North Ayrshire Council. The town has a resident population of approximately 33,200 and is the main shopping centre in North Ayrshire. There are a wide range of services and facilities available within the
town centre including Irvine Library located on the High Street. The town enjoys good transport links via the A78 and A71 to access the A77/M77 at Kilmarnock. Irvine also benefits from being on the Ayr-Glasgow rail line. The property is located on the High Street, a main bus route through the town and benefiting from on-street car parking. Neighbouring occupiers to the subject property include Iceland, Royal Bank of Scotland, RS McColl and Harvey and Thompson.

Tenure

Heritable. (Scottish equivalent of English freehold.)

Description

The property is a terraced retail unit planned over ground and first floors. The ground floor is fitted out as a fishmonger with preparation area to the rear.

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 is a terraced retail unit planned over ground and first floors. The ground floor is fitted out as a fishmonger with preparation area to the rear.

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.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Term Tenant Rent p.a.x Review/(Reversion)
81 High Street, Irvine Retail/Ancillary 38.08 sq m (410 sq ft) KP’S FISH LIMITED 6 years from
01/05/2014
£8,500 01/05/2017
(30/04/2020)
Totals   38.08 sq m (410 sq ft)     £8,500  

(1) The tenant has the benefit of a break option on 6 months prior notice with effect from 01/05/2017

Property Documents

  • Site Plan
    Updated Date
    31.10.19
    File Size
    85 KB
    View PDF
  • Catalogue Page
    Updated Date
    31.10.19
    File Size
    561 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
DWF LLP No. 2 Lochrin Square, 96 Fountainbridge
Edinburgh
EH3 9QA
Iain Mclean 0131 474 2320iain.mclean@dwf.law

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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