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171-173 High St 2,333 sq ft Retail Property Ayr KA7 1QT £295,000 (£126.45/sq ft) 14.82% Net Initial Yield
Investment Highlights
- Fully let investment to a strong national telecoms operator (Three) until 2027.
- Prominent Ayr High Street location with full building footprint and 2,379 sq ft of accommodation. [171-173-Hi...-1QT-1 (1) | PDF]
- Attractive NIY (~11.4%) based on £45,000 rent and £395,000 asking price.
Executive Summary
Lot No 35. High Street Investment Opportunity NIA 199.48 sq. m. (2,147 sq. ft.) Prominent glazed frontage. High levels of passing footfall with passing rent of £45,000 p.a.
Guide Price £295,000 reflecting a Net Initial Yield of 14.82%.
Guide Price £295,000 reflecting a Net Initial Yield of 14.82%.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,333 sq ft
Costar Property Class
B
Year Built
1922
Price
£295,000
Price per sq ft
£126.45
Yield
14.82%
NOI
£43,719
Tenancy
Single
Number of Floors
3
Amenities
- Security System
- Storage Space
1 1
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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171-173 High St
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