Retail premises to let in Unit 9, Lorne Arcade, Ayr KA7

Key Points

Description

The subjects comprise a ground floor retail unit within a 9 unit pedestrian arcade with high footfall levels. The arcade is of masonry construction and sits under an interconnecting glazed atrium.

The arcade and subject retail unit has recently been completely refurbished to a high standard. The shop floor is covered with tiles, the walls are of plaster/paint. The ceiling is covered with plaster/paint and incorporates LED strip lighting. At one corner there is storage space in addition to a WC.

Location

Ayr is a town situated on the southwest coast of Scotland. It is the administrative centre of the South Ayrshire council area and the historic county town of Ayrshire. The town sits approximately 37 miles south west of Glasgow, 15 miles south west of Kilmarnock and can be accessed by the main arterial route of the M77 motorway.

Lorne Arcade is located on the west side of Ayr’s Main Street, the main pedestrian shopping area and thoroughfare in the town. The Arcade is close to a number of national retailers, and is bound by the east end of Arthur Street. The subject property is situated at the eastern end of the Arcade. Ayr train station takes less than 10 minutes to walk. Nearby occupiers include Warhammer, Bank of Scotland, Forum Phones and Tesco Express.

Offers

The subjects are available to lease on a full repairing and insuring basis, for a term to be agreed, at a rent of £8,500 per annum. Full quoting terms are available upon request.

Rateable Value

According to the Scottish Assessors Association, the subjects have a Rateable Value of £5,900 with effect from April 2023. The occupier may be eligible for rates relief, subject to status.

EPC

A copy of the Energy Performance Certificate (EPC) is available upon request.

VAT

VAT is not payable on the rent.

Legal Costs

Each party will be responsible for their own legal costs.

Entry

Entry will be available on completion of legal formalities.