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Retail Investment, High Street, Irvine. KA12 8AH

Commercial Property, Retail - High Street in Irvine, Ayrshire
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Property Details
Agent Ref No:
Category: For Sale
Type: Retail - Other
Retail - High Street
Offer Type:
Price: £200,000.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2012-04-28
Size:
Tenure: Freehold
Min Rental Size: Not Applicable
Property Status:
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B2B Commercial Mortgage Quotes

B2B
  • Up to 80% LTV
  • Rates from 1.5% over base
  • Borrow from £50k - £40m
  • NO BROKER FEE!

Description

Investment Opportunity comprising two separate leased subjects. Combined rent: £19,500 per annum.

Location
The main shop investment fronts on to High Street, on the east side of the thoroughfare. A second property, comprising a Salon is reached from a close to the side, one of a number which links High Street with East Road to the rear.

Rating Assessment
The subjects are entered in the current Valuation Roll as follows:
160A High Street : R.V. £13,000
160B High Street : R.V. £3,850

Lease Terms
The Leases, which are both on FRI terms will be made available to interested parties on request. The basic terms are as follows;
160(A) High Street: Tenant Patricia Clark, Rent £15,600 p.a.
160(B) High Street: Tenant Joyce Black, Rent £3,900 p.a.

Viewing
The tenants are unaware that the investment is for sale in which case all arrangements must be made through the selling agents.

Offers
All offers should be submitted in writing to:
Paterson Associates
Chartered Surveyors

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