Property Type | Investment |
Tenure | For Sale |
Size | 6,500 sq ft |
Price | Offers in excess of £325,000 A purchase at this level reflects a NIY of 10.88% |
Business Rates | Upon Enquiry |
Energy Performance Rating | Upon enquiry |
Prominent roadside industrial / workshop buildings of steel frame construction surmounted by pitched truss roofs clad with cement panel sheets.
Externally each unit benefits from loading and pedestrian access to the front via a large shared forecourt / parking area. Unit 51/53 also has rear loading access together with additional parking.
Eaves height ranges from 3.5M to 4.45M.
The accommodation comprises the following areas:
Name | sq ft | sq m | Availability |
---|---|---|---|
Unit - 49 | 3,500 | 325.16 | Available |
Unit - 51/53 | 3,000 | 278.71 | Available |
Total | 6,500 | 603.87 |
Ayr is the principal town in South Ayrshire, located approximately 37 miles (60km) to the south-west of Glasgow and accessed via the M77 (A77). The drive time to the nearby Prestwick Airport is under 20 minutes, either via the A79 (Prestwick Road/Ayr Road) or the A77.
The subject property commands prominent position on the west side of New Road, a busy main arterial route connecting Ayr with Prestwick, at the start of the North Harbour industrial area.
49 New Road
Let to a private individual t/a RepAyr My Car & MOT Centre
10 year FRI lease from Sept 2016
Low passing rent of £18,000 per annum / £5.14psf.
Tenant has recently invested in refurbishing the unit demonstrating commitment to the site.
51/53 New Road
Let to Alex Begg Group Limited (SC027139)
5 year FRI lease (subject to a schedule of condition) from July 2024
Low passing rent of £18,500 per annum / £6psf
Tenant has another nearby unit with this unit being used for storage purposes