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Income-Producing Commercial Unit
Ayr, KA7 - Get Access
Description
This income-producing investment property comprises a ground floor commercial unit in an excellent trading position within Ayr town centre. The property is currently occupied by PDSA (Peoples Dispensary for Sick Animals) on a Full Repairing and Insuring (FRI) Lease, with a term from 23rd December 2022 to 22nd December 2027, producing a passing rent of £35,000 per annum. PDSA is a prominent UK veterinary charity with 49 Pet Hospitals nationally, indicating a strong tenant covenant. Internally, the ground floor unit is presented in excellent condition, featuring laminated timber flooring throughout and an open-plan sales area. It extends to approximately 124.95 square meters (1,345 square feet) and benefits from two large display windows facing High Street. This is a prime investment opportunity, ideal for portfolio addition, with neighbouring occupiers including established businesses such as William Hill, Betfred, Greggs, Barclays, and SpecSavers. The property is strategically located on the north side of High Street, at its junction with Carrick Street, within Ayr town centre. Ayr is a popular coastal market town with a population of approximately 46,000, serving as the principal commercial hub in Ayrshire. The town benefits from excellent transport links, including the A77, which connects to Kilmarnock (12 miles northeast) and Glasgow (approximately 30 miles northeast). This offers a convenient and accessible location for commercial operations.