Ground Floor Betting Shop Recently Refurbished by Tenant
Entirely Let to Ladbrokes Betting and Gaming Ltd until November 2027 (no breaks)
November 2022 Break Option Not Exercised
Tenant in Occupation Since 2003
Prime Town Centre Location
VAT Free Investment
Currently Producing £26,500 p.a.
Lot 50
Auction 13th July 2023
Rent £26,500 per Annum Exclusive
Status Withdrawn Prior
Price
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
31 miles south of Glasgow, 21 miles north of Ayr, 15 miles west of Kilmarnock
Roads
A78
Rail
Saltcoats Station (Scotrail)
Air
Glasgow Prestwick International Airport, (15 miles south), Glasgow International Airport (22 miles north)
Situation
Saltcoats is a popular town in North Ayrshire. The town is almost equidistant from both Glasgow to the north and Ayr to the south. The property occupies a prominent position at the corner of Dockhead Street and Quay Street within the town centre, some 100 metres from Saltcoats Railway Station.
Tenure
Heritable. Scottish Equivalent of English Freehold
Location
Miles
31 miles south of Glasgow, 21 miles north of Ayr, 15 miles west of Kilmarnock
Roads
A78
Rail
Saltcoats Station (Scotrail)
Air
Glasgow Prestwick International Airport, (15 miles south), Glasgow International Airport (22 miles north)
Situation
Saltcoats is a popular town in North Ayrshire. The town is almost equidistant from both Glasgow to the north and Ayr to the south. The property occupies a prominent position at the corner of Dockhead Street and Quay Street within the town centre, some 100 metres from Saltcoats Railway Station.
Tenure
Heritable. Scottish Equivalent of English Freehold
Description
The property comprises a ground floor shop, forming part of a larger 2 storey building.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor shop, forming part of a larger 2 storey building.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Ground
Retail
151.57
(1,631)
LADBROKES BETTING AND GAMING LIMITED (1)
A term of years expiring 27/11/2027
£26,500
TOTAL
151.57
(1,631) (2)
£26,500
(1) For the year ending 31/12/2021, Ladbrokes Betting and Gaming Ltd reported a Turnover of £670,147,000, a Pre-Tax Profit of negative £4,554,000 and a Net Worth of £1,100,052,000 (NorthRow 19/06/2023).
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.
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