Back to Future Property Auctions

Commercial investment property with retail unit

Ayr, KA7 - Get Access

Description

Income-producing investment property. This is a retail unit in an excellent trading position, let to J Carter Sporting Club Limited t/a Rangers Store. The property produces £22,500 per annum on a FRI lease. The lease length is 5 years from 03.10.2022, with the next review/reversion in 2027. The net internal areas are calculated as follows: Ground Floor: 138.58 sq m (1,492 sq ft); First Floor: 146.19 sq m (1,574 sq ft), giving a total of 284.77 sq m (3,065 sq ft). This is a prime investment property and a perfect addition to any portfolio, situated in a super trading position. Nearby occupiers include Admiral, Vision Express, Claire's, Savers, Bon Marché, Specsavers, Tui, O2, The Works, Trespass, and Pandora. High Street is located in the centre of Ayr, one of the principal towns on Scotland’s southwest coast. As the town’s main shopping and commercial street, it benefits from a wide range of amenities including supermarkets, banks, cafés, restaurants, retail stores, healthcare facilities, and leisure services, all within walking distance. The area is also close to key attractions such as Ayr Beach, The Wallace Tower, and the town centre’s pedestrian shopping precinct. Transport links are excellent, with Ayr Railway Station located nearby, providing regular rail services to Glasgow and surrounding areas. Numerous local and regional bus routes serve the town centre, while the nearby A77 trunk road offers convenient road connections to Glasgow, Kilmarnock, and the wider Ayrshire region. The combination of central location, comprehensive amenities, and strong transport connectivity makes High Street a highly accessible and desirable location for both residents and visitors. The property is of Freehold tenure and is tenanted.
Comparable sales
216, High Street, KA7 1RQ 0.0 mi
Flat
£39,999
10 months ago
216, High Street, KA7 1RQ 0.0 mi
Flat
£45,000
4 months ago
Flat D, 216, High Street, KA7 1RQ 0.0 mi
Flat
£80,000
10 months ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 3,065 sq ft (Listing)

This commercial retail investment on Ayr High Street was valued primarily by capitalising its current passing rent of £22,500 per annum at a standard regional retail yield. The resulting figure was cross-checked against prevailing price-per-square-foot metrics for similar high street commercial premises in the area. A modest adjustment was included for the observed exterior facade maintenance requirements.

Unlock the full valuation
  • Exact estimated value and full value range
  • Detailed written analysis of how we reached this estimate
Unlock full report