Property for sale in Budds Bar, 6-7 Burns Statue Arcade, Ayr, Ayrshire KA7

Trading public house
New to auction is Budds Bar, a trading Public House close to the ever popular Ayr town centre. Well-presented throughout and enjoying strong local trade, the premises extend to approximately 97 sq. Metres, and offer well-stocked bar area with small kitchen, open lounge offering pool and darts, and female and male WCs. The property has been tenanted from 2023 with the lease extending to November 2033, with the tenant being an experienced publican. Current rental income is £150 per week (£7800 p.a ) which represents an outstanding 12% rental yield at Guide Price, with rent reviews scheduled in each of 2026,2028 and 2030. The published rateable value is £7600 which may qualify for relief under the Small Business Bonus Scheme. This would be an ideal addition to an existing commercial portfolio or a fantastic first step onto the commercial investment ladder. Early expression of interest is recommended.

The popular seaside town of Ayr offers a wide range of national and local retail and leisure options, all set within an area rich in history, and enjoys strong demand from locals and tourists alike. The nearby A77 provides excellent transport links to Glasgow and further afield, with local bus and rail links also available.

Purchasers notes

Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.

This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.

Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.

Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. Please note that our bank account details will not change during the course of A transaction and we will not change our bank details via email. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.