63-65 & 67 Alloway Street Ayr Ayrshire KA7 1SP

63-65 & 67 Alloway Street
Ayr
Ayrshire
KA7 1SP

Heritable Retail Investment

Let to Lloyds Pharmacy Ltd who have been in occupation for 18 years
Prominent position on busy town centre retailing thoroughfare
Nearby occupiers include Odeon Cinema, Clydesdale Bank and Greggs
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
35
Auction
13th October 2016
Rent
£32,700 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Squafre
London W1H 7BG

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Heritable Retail Investment

Let to Lloyds Pharmacy Ltd who have been in occupation for 18 years
Prominent position on busy town centre retailing thoroughfare
Nearby occupiers include Odeon Cinema, Clydesdale Bank and Greggs
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 35
Auction 13th October 2016
Rent £32,700 per Annum Exclusive
Status Sold Post
Price
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Squafre
London W1H 7BG

Property Information

Location

Miles: 38 miles south of Glasgow, 83 miles south-west of Edinburgh
Roads: M77, A77
Rail: Ayr Rail (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 occupies a prominent position on the busy retailing thoroughfare of Alloway Street close
to The Arran Mall which is home to the large Hourstons department store. Nearby occupiers include Odeon Cinema, Clydesdale Bank and Greggs.

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 Rail (ScotRail)
Air: Prestwick Airport (3 miles north), Glasgow International Airport (41 miles north)

Situation

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a ground floor retail unit with first floor ancillary accommodation.

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 ground floor retail unit with first floor ancillary accommodation.

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 First	Retail Ancillary	134.43 sq m 137.03 sq m	(1,447 sq ft) (1,475 sq ft)	LLOYDS PHARMACY LIMITED (1)	21 years from 31/05/1998	£32,700	30/05/2019
TOTALS		271.46 sq m	(2,922 sq ft)			£32,700

(1) For the year ending 31st March 2015, Lloyds Pharmacy Limited reported a turnover of £2,332,635,000, pre-tax profits of £29,852,000 and a total net worth of £107,602,000. (Source: Experian Group 07/09/2016)