Tenanted commercial unit in Saltcoats town centre

This prominent corner retail unit is situated in an excellent trading location within Saltcoats town centre, benefiting from high volumes of passing trade. The property is let to Ladbrokes on a Full Repairing & Insuring (FRI) lease, providing an immediate rental income of £26,500 per annum until 27th November 2027. The tenant, a company, has been in situ since September 2003 and extended their lease in 2015. The ground floor commercial premises extends to approximately 1,625 sq. ft. Nearby occupiers include Farmfoods, Greggs, Spec Savers, Card Factory, Subway, and Boots Pharmacy. Saltcoats is part of the 'Three Towns' area of North Ayrshire, which includes Ardrossan and Stevenston, with a combined population exceeding 33,000 persons. This investment property offers an attractive yield of approximately 16%.