2 Dockhead Street Saltcoats North Ayrshire KA21 5EG

2 Dockhead Street
Saltcoats
North Ayrshire
KA21 5EG

Heritable Retail Investment

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Withdrawn Prior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
Auction Venue
Live Streamed Auction

Interested?

Expand
Photos
Map

Heritable Retail Investment

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Status Withdrawn Prior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

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.