225 - 229 High Street Ayr Ayrshire KA7 1RB

225 - 229 High Street
Ayr
Ayrshire
KA7 1RB

Attractive Heritable Bank Investment

  • Let to Barclays Bank Plc until 2027 (subject to option)
  • Pedestrianised town centre location
  • Nearby occupiers include Boots, Vodafone, Pandora, WH Smith, Caffè Nero and Greggs
  • Category C Listed building
  • Lot
    59
  • Auction
    19th October 2017
  • Rent
    £72,000 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Sector
    Bank
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Attractive Heritable Bank Investment

  • Let to Barclays Bank Plc until 2027 (subject to option)
  • Pedestrianised town centre location
  • Nearby occupiers include Boots, Vodafone, Pandora, WH Smith, Caffè Nero and Greggs
  • Category C Listed building
  • Lot 59
  • Auction 19th October 2017
  • Rent
  • Status Sold Post
  • Price  
  • Sector
    Bank
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
35 miles south-west of Glasgow, 70 miles south-west of Edinburgh
Roads
A76, A77, M77
Rail
Ayr Railway Station
Air
Glasgow Prestwick and Glasgow International Airports
Situation

The property is prominently situated in the heart of the town centre, on the west side of the pedestrianised High Street. Nearby occupiers include Boots, Vodafone, Pandora, WH Smith, Caffè Nero and Greggs.

Tenure

Heritable. (Scottish equivalent of English Freehold).

Location
35 miles south-west of Glasgow, 70 miles south-west of Edinburgh
Roads
A76, A77, M77
Rail
Ayr Railway Station
Air
Glasgow Prestwick and Glasgow International Airports
Situation

The property is prominently situated in the heart of the town centre, on the west side of the pedestrianised High Street. Nearby occupiers include Boots, Vodafone, Pandora, WH Smith, Caffè Nero and Greggs.

Tenure

Heritable. (Scottish equivalent of English Freehold).

Description

The property, a Category C Listed building, comprises a ground floor banking hall and forms part of a larger building.

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, a Category C Listed building, comprises a ground floor banking hall and forms part of a larger building.

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) Tenant Term Rent p.a.x Review/
(Reversion)
Ground Banking
Hall/Ancillary
270.28 sq m
(2,909 sq ft)
BARCLAYS
BANK PLC (1)
20 years from
26/02/2007 on a full
repairing and insuring
lease (2)
£72,000 24/06/2019
(25/02/2027)
Total
270.28 sq m
(2,909 sq ft)
    £72,000  

(1) For the year ending 31st December 2016, Barclays Bank Plc reported pre-tax profits of £4,383,000,000 and a total net worth of £60,085,000,000 (Source: Experian Group 19/09/2017).
(2) The lease is subject to a tenant option to determine on 25th February 2022 and a rolling option to determine thereafter on providing six months’ prior notice. The lease is also subject to a schedule of condition.

Property Documents

  • Catalogue Page
    Updated Date
    27.09.17
    File Size
    869 KB
    View PDF
  • Site Plan
    Updated Date
    27.09.17
    File Size
    3 MB
    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
Burness Paull 120 Bothwell Street
Glasgow
G2 7JL
Alison Brunger 0141 273 6895Alison.Brunger@burnesspaull.com

Useful Links

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

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