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
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).
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)
