15 River Street Ayr South Ayrshire KA8 0AX

  • 15 River Street<br>Ayr<br>South Ayrshire<br>KA8 0AX

15 River Street
Ayr
South Ayrshire
KA8 0AX

Heritable Retail Investment

  • Highly prominent site at main roundabout in Ayr town centre
  • Large site with c. 300 car parking spaces
  • Nearby occupiers include Aldi, Police Scotland and within a five minute walk of Ayr High Street
  • Currently producing 300,000p.a.x.
  • Lot
    21
  • Auction
    23rd September 2020
  • Rent
    £300,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,750,000
  • Auction Venue
    Live Streamed Auction
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Heritable Retail Investment

  • Highly prominent site at main roundabout in Ayr town centre
  • Large site with c. 300 car parking spaces
  • Nearby occupiers include Aldi, Police Scotland and within a five minute walk of Ayr High Street
  • Currently producing 300,000p.a.x.
  • Lot 21
  • Auction 23rd September 2020
  • Rent £300,000 per Annum Exclusive
  • Status Sold
  • Price £1,750,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
15 miles west of Kilmarnock
37 miles south-west of Glasgow
Roads
M77, A71, M74
Rail
Ayr Railway Station (mainline)
Air
Prestwick International Airport (4 miles north)
Situation

Located at the major roundabout at the junction of John Street( A79) leading from the M77 to Ayr town centre. The property occupies a large site with retail access off River Street with the site stretching along John Street to the roundabout. The site includes the large retail shop and a large surface car park

Tenure

Heritable.

Location
Miles
15 miles west of Kilmarnock
37 miles south-west of Glasgow
Roads
M77, A71, M74
Rail
Ayr Railway Station (mainline)
Air
Prestwick International Airport (4 miles north)
Situation

Located at the major roundabout at the junction of John Street( A79) leading from the M77 to Ayr town centre. The property occupies a large site with retail access off River Street with the site stretching along John Street to the roundabout. The site includes the large retail shop and a large surface car park

Tenure

Heritable.

Description

The property, a former supermarket, comprises a modern two storey brick building with rooftop car parking together with further ground level carparking on an adjacent site. There are a total of c. 300 car parking spaces.

VAT

VAT is applicable to this lot.

Viewings

Please contact Mhairi Archibald (07718 899341)

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property, a former supermarket, comprises a modern two storey brick building with rooftop car parking together with further ground level carparking on an adjacent site. There are a total of c. 300 car parking spaces.

VAT

VAT is applicable to this lot.

Viewings

Please contact Mhairi Archibald (07718 899341)

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)
Tenant Term Rent p.a.x Review
Ground Retail
5,200 sq m
55,973 sq ft
TJX UK (1) 22/11/2006
to 21/11/2025
on FRI terms
£300,000  
Total
5,200 sq m
55,973 sq ft
    £300,000  

(1) TJX UK operate as the brand TK Maxx in the UK. The first TK Maxx store was opened in the UK in 1994 with a total of 349 stores throughout the country now. For the year to February 2019, TJX UK reported a turnover of 3,157,800,000, Pre tax profit of 120,500,000 and shareholders funds of 723,700,000 (Source: Experian 26/08/20)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Dentons UKMEA LLP 1 George Square
Glasgow
G2 1AL
Rachel Dunn +44 330 222 1710 rachel.dunn@dentons.com  Simon Etchells .SIMON.ETCHELLS@DENTONS.COM

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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