SHEPHERD Chartered Surveyors is offering a retail investment opportunity in the heart of Ayr town centre for sale with offers of £235,000 invited.
The unit is located on Newmarket Street, a prominent secondary town centre location characterised by a broad range of independent retailers and forming a link between High Street and Sandgate.
The 840 sq ft ground floor unit is set within a two storey mid terrace property and currently operates as a coffee shop and restaurant with the accommodation including care area, kitchen and WC facilities.
Kevin Bell, associate at Shepherd’s Ayr Office, said: “There are over seven years remaining on the lease and the property is set in one of Ayr’s most popular retailing streets. As such, we anticipate keen interest in this opportunity.”
The property is currently let on a full repairing and insuring lease expiring in July 2020, the current passing rent is £20,000 per annum with one further rent review in July 2015.
Interested parties should contact the selling agents on 01292 267987.
For further information please contact Kevin Bell on 01292 267987
Issued on behalf of Shepherd by Liquorice Media tel 0141 561 4018 www.liquorice-media.com
Date: 28th June 2013
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