124 High Street Ayr Ayrshire KA7 1PR

124 High Street
Ayr
Ayrshire
KA7 1PR

Heritable Retail Investment

Ground and Basement let to Monsoon Holdings Limited t/a Accessorize
Approximately 139.26 sq m (1,499 sq ft)
Prominent position on prime town centre retail thoroughfare
Nearby occupiers include Superdrug, Monsoon, Santander and Dorothy Perkins
Six Week Completion Available

Lot
31
Auction
21st March 2013
Rent
£66,640 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
The Dorchester Hotel
Park Lane Entrance
Mayfair
London W1K 1QA

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Heritable Retail Investment

Ground and Basement let to Monsoon Holdings Limited t/a Accessorize
Approximately 139.26 sq m (1,499 sq ft)
Prominent position on prime town centre retail thoroughfare
Nearby occupiers include Superdrug, Monsoon, Santander and Dorothy Perkins
Six Week Completion Available

Lot 31
Auction 21st March 2013
Rent £66,640 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
The Dorchester Hotel
Park Lane Entrance
Mayfair
London W1K 1QA

Property Information

Location

Miles: 15 miles south west of Kilmarnock, 37 miles south west of Glasgow
Roads: M77, A71, M74
Rail: Ayr Mainline Railway Station
Air: Glasgow Airport (49 mins to Glasgow Central)

Situation

The property is situated in a prime position on the east side of High Street, Ayr’s prime retail thoroughfare. Nearby occupiers include Superdrug, Monsoon, Santander and Dorothy Perkins.

Tenure

Heritable. (Scottish equivalent of English Freehold)

Location

Miles: 15 miles south west of Kilmarnock, 37 miles south west of Glasgow
Roads: M77, A71, M74
Rail: Ayr Mainline Railway Station
Air: Glasgow Airport (49 mins to Glasgow Central)

Situation

The property is situated in a prime position on the east side of High Street, Ayr’s prime retail thoroughfare. Nearby occupiers include Superdrug, Monsoon, Santander and Dorothy Perkins.

Tenure

Heritable. (Scottish equivalent of English Freehold)

Description

The property, a Grade C listed building, comprises a ground floor retail unit with a basement level currently unused and accessed via a hatch.

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, a Grade C listed building, comprises a ground floor retail unit with a basement level currently unused and accessed via a hatch.

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.	Reversion
Ground Basement	Retail Ancillary	139.26 sq m Not measured	(1,499 sq ft) Not measured	MONSOON HOLDINGS LIMITED (t/a Accessorize) (1)	25 years from 14/10/1991 on a full repairing and insuring lease	£66,640	13/10/2016
Totals		139.26 sq m	(1,499 sq ft)			£66,640

(1) For the year ending 27th August 2011, Monsoon Holdings Limited reported pre-tax profits of £175,840,734 and a total net worth of £31,185,165. (Source: www.riskdisk.com 25/02/2013)