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Tenanted Commercial Unit

Girvan, KA26 - Get Access

Description

Tenanted Retail Unit in Girvan. Net Area: 1,076 Sq.Ft over Ground Floor. Retail Class 1 Consents. Large Frontage. Rates Free under small business scheme. Tenanted Investment Property. Freehold Sale. The property comprises a ground floor retail unit with prominent frontage, twin display windows flanking the partially recessed double door entrance secured by an aluminium roller shutter. COMPRISES: open plan retailing space with partitions erected to form store, staff room, W/c and office. 5 Year Lease - GJD photography is the tenant. Popular local business. Lighting is provided by way of fluorescent strips within the suspended ceiling - 5 Year Lease - Current rent is £300 pcm, then going to £350 pcm. GJD photography is the tenant, The property has been calculated to extend to the following floor area; Net Area: 99.96 Sq.M (1,076 Sq.Ft) Girvan Town Centre Retail Unit in fabulous Location. Ground Floor with Retail Class 1 Consents. Large Frontage Rates Free under small business scheme. Freehold Sale. Net Area: 99.96 Sq.M (1,076 Sq.Ft). The property comprises a ground floor retail unit with prominent frontage, twin display windows flanking the partially recessed double door entrance secured by an aluminium roller shutter. Internally the property offers open plan retailing space with partitions erected to form store, staff room, w.c and office. Lighting is provided by way of fluorescent strips within the suspended ceiling. RENTAL AGREEMENT - 5 Year Lease - Current rent is £300 pcm, then going to £350 pcm. GJD photography is the tenant. NAV/RV - £6,450. The property qualifies for rates exemption under the small business bonus scheme. Tenancy Details Type of Agreement: Basic Lease Length: Annual Rent: £3,600 per year / £300 per month Yield: 15% (approx) Tenant: Private Individual Notes: 5 Year Lease - Current rent is £300 pcm, then going to £350 pcm. GJD photography is the tenant. Maps & Location The property is situated on the east side of Dalrymple Street, the main commercial thoroughfare of Girvan. Girvan which his situated within the South Ayrshire Council area. Girvan has a resident population of approximately 7,000 persons. Girvan is situated approximately 5 miles south of Turnberry and 20 miles south of Ayr. Dalrymple Street is the town's main retailing area where a range of national multiples are represented including Greggs and Superdrug.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,076 sq ft (Listing)

The property is a ground floor retail unit with Class 1 consents located in the town centre of Girvan. The valuation is based on the rental income and the freehold sale of similar commercial investments. The property's condition and required refurbishment have been factored into the valuation.

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