Freehold Commercial Property in the heart of the popular Ayrshire costal town of Girvan. Sold with settled tenant. Tenant has been in place and traded successfully since 2016.
Starting bid: £16,500.00
Item condition: New
Reserve price has not been met.
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Immediate income producing town centre commercial investment sold with long-term tenant in place.
Freehold Commercial Property in the heart of the popular Ayrshire costal town of Girvan. Sold with settled tenant. Tenant has been in place and traded successfully since 2016.
The property is rented on a low annual rent of £2,340- this is low rental for the area. Realistic rental in this location should be around £5,000 per year.
The tenancy runs on a month to month basis with the tenant paying £45 per week. The option exists for the purchaser to continue with the current tenant, increase the rent or to give 1 months’ notice for the tenant to leave and re-advertise for higher rental income- increasing the yield.
Good-sized unit with net internal area 25.86 sqm. (278.35 sqft) offering potential for multiple uses.
Central location within Girvan High street retail property for sale. Ideally placed within Girvan to capitalise on the high numbers of visitors to the town due to the popular beach and location within minutes of the world renowned Trump Turnberry resort.
Massive levels of passing traffic due to the location on the main route linking the Northern Ireland ferry with Ayrshire, Glasgow, Edinburgh and the rest of Central/ Northern Scotland.
Low cost investment property with 100% rate relief available whilst property is vacant (subject to status)
Girvan has a residential population of circa 8,000 persons and is the main throughway to the Southwest of Scotland from Glasgow.
Girvan has a train station which provides connections to Ayr and Glasgow Central.
PRIME TRADING POSITION in busy tourist town within minutes of famous beach and Harbour offering immediate rental income of £195 per month (LOW RENT) due length of tenancy and reliability of tenant.
Tenant has been in situ since 2016 and trades well from this position.
Accommodation comprises large front sales area with backroom storage, staffroom. Rear door in the back area providing fire escape route. Roller shutters on window and door for additional security.
This delightful rural locality affords easy access to many of the attractions within the district which include: a variety of attractive hill and coastal walks and cycle trails (including the Barr trails); Loch Doon; the National Trusts Culzean Castle and Country Park; Galloway Forest Park; excellent golf courses at Girvan and Turnberry. There are of course the usual field sports and rivers for fishing, the most notable of which in the district is the River Stinchar. Girvan has a lovely beach, a secondary school, general hospital, a variety of shops, and ASDA supermarket. There is a working harbour with moorings for pleasure craft and a leisure centre, The Quay Zone, comprising gym, swimming pool and soft play area. Girvan has a mainline train station which provides connections north to Ayr, Prestwick Airport and Glasgow.
This property will be sold under auction terms and conditions by Braveheart Auctions.
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