Purpose built upper floor office premises. Excellent central commercial location. Reception area 4 main offices staff toilet facilities. Scope to improve investment value. Approx. 83.4 sq. m. (898 sq. ft.). Offers over £50,000
68 Kyle Street, Ayr, KA7 1RZ
• Attractive modern offices
• Excellent central commercial
• Reception, 4 main offices, staff
• Scope to improve investment value
• Approx. 83.4 sq. m. (898 sq. ft.)
• Passing rent £5,000 p.a.
• Offers over £50,000
VIEWING & FURTHER
T: 01292 267987
F: 01292 611521
The property enjoys the benefit of an excellent central
commercial location adjacent to the Kyle Street pavement line,
within 200 yards or so of both prime High Street shopping and
the popular Ayr Central retail complex.
Ayr is the principal settlement within the South Ayrshire Council
area and has a resident population of around 46,800.
The approximate net internal floor area is:
83.4 sq. m.
(898 sq. ft.)
Modern fully fitted second floor office suite contained within
purpose built retail, office and residential development scheme
constructed circa 1987. Internal accommodation currently
comprises as follows:•
The property is currently entered in the Valuation Roll as
100% rates relief may be available under the Small Business
Bonus Scheme for qualifying occupiers.
ENERGY PERFORMANCE CERTIFICATE
A copy of the EPC is available upon request.
The property is let to Soldfast Ltd for a 2 year period from 1st
October 2018 at a rental of £5,000 p.a. on a full repairing and
A copy of the relevant agreements will be provided to seriously
The subjects offer an attractive net initial yield of 9.8%, the
passing rent equates to £5.56 per sq. ft. which offers scope for
growth, adding to investment value. The unit was previously let
at a rent of £6,750 p.a.
Offers in excess of £50,000 are invited.
Each party will be responsible for their own legal costs incurred in
the transaction. The incoming tenant will be responsible for tax
and recording fees in the normal fashion.
VALUE ADDED TAX
The property is not elected for VAT.
ANTI MONEY LAUNDERING REGULATIONS
The Money Laundering, Terrorist Financing and Transfer of Funds
(Information on the Payer) Regulations 2017 came into force on
the 26th June 2017. This now requires us to conduct due
diligence not only on our client but also and any purchasers or
occupiers. Once an offer has been accepted, the prospective
purchaser(s)/occupier(s) will need to provide, as a minimum,
proof of identity and residence and proof of funds for the
purchase, before the transaction can proceed.
For further information or viewing arrangements please contact
the sole agents:
22 Miller Road, Ayr, KA7 2AY
J & E Shepherd for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars and plan are set out as a general outline only for the
guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract (ii) all descriptions, dimensions, references to condition and necessary permissions
for use and occupation, and other details are given in good faith and are believed to be correct at the date of first issue but any intending purchasers or tenants should not rely on them as
statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of J & E Shepherd has any
authority to make or give any representation or warranty whatever in relation to this property; (iv) all prices and rentals are quoted exclusive of VAT unless otherwise stated. Prospective
purchasers/lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Shepherd Chartered Surveyors. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Shepherd Chartered Surveyors for full details and further information.