Highly prominent site at main roundabout in Ayr town centre
Large site with c. 300 car parking spaces
Nearby occupiers include Aldi, Police Scotland and within a five minute walk of Ayr High Street
Currently producing 300,000p.a.x.
Lot 21
Auction 23rd September 2020
Rent £300,000 per Annum Exclusive
Status Sold
Price £1,750,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
15 miles west of Kilmarnock
37 miles south-west of Glasgow
Roads
M77, A71, M74
Rail
Ayr Railway Station (mainline)
Air
Prestwick International Airport (4 miles north)
Situation
Located at the major roundabout at the junction of John Street( A79) leading from the M77 to Ayr town centre. The property occupies a large site with retail access off River Street with the site stretching along John Street to the roundabout. The site includes the large retail shop and a large surface car park
Tenure
Heritable.
Location
Miles
15 miles west of Kilmarnock
37 miles south-west of Glasgow
Roads
M77, A71, M74
Rail
Ayr Railway Station (mainline)
Air
Prestwick International Airport (4 miles north)
Situation
Located at the major roundabout at the junction of John Street( A79) leading from the M77 to Ayr town centre. The property occupies a large site with retail access off River Street with the site stretching along John Street to the roundabout. The site includes the large retail shop and a large surface car park
Tenure
Heritable.
Description
The property, a former supermarket, comprises a modern two storey brick building with rooftop car parking together with further ground level carparking on an adjacent site. There are a total of c. 300 car parking spaces.
VAT
VAT is applicable to this lot.
Viewings
Please contact Mhairi Archibald (07718 899341)
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, a former supermarket, comprises a modern two storey brick building with rooftop car parking together with further ground level carparking on an adjacent site. There are a total of c. 300 car parking spaces.
VAT
VAT is applicable to this lot.
Viewings
Please contact Mhairi Archibald (07718 899341)
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
Ground
Retail
5,200 sq m
55,973 sq ft
TJX UK (1)
22/11/2006 to 21/11/2025 on FRI terms
£300,000
Total
5,200 sq m
55,973 sq ft
£300,000
(1) TJX UK operate as the brand TK Maxx in the UK. The first TK Maxx store was opened in the UK in 1994 with a total of 349 stores throughout the country now. For the year to February 2019, TJX UK reported a turnover of 3,157,800,000, Pre tax profit of 120,500,000 and shareholders funds of 723,700,000 (Source: Experian 26/08/20)
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
