16 Wellington Sq | Ayr KA7 1EZ
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16 Wellington Sq
Ayr KA7 1EZ
Retail Property For Sale
Investment Highlights
- Prominent position overlooking Low Green
- Street parking
- Period building
Executive Summary
The available space comprises a ground floor retail unit extending to 407 sq ft.
The shop is currently let on an annual lease and trades as a café.
There are four flats included in the freehold investment. Three of the four flats are currently let on Short Assured Tenancy Agreements producing an annual rental of £14,950 per annum. The attic flat is currently vacant although once occupied rental income should increase to £19,500 per annum.
The potential annual income is therefore around £26,500 per annum.
Offers over £375,000 are invited.
The shop is currently let on an annual lease and trades as a café.
There are four flats included in the freehold investment. Three of the four flats are currently let on Short Assured Tenancy Agreements producing an annual rental of £14,950 per annum. The attic flat is currently vacant although once occupied rental income should increase to £19,500 per annum.
The potential annual income is therefore around £26,500 per annum.
Offers over £375,000 are invited.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
407 SF
Building Class
B
Year Built
1880
Price
£375,000
Price Per SF
£921
Tenancy
Single
Number of Floors
4
Building FAR
0.91
Lot Size
0.01 AC
Frontage
34 ft on Wellington Square
Amenities
- Storage Space
1 of 2
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