Sold Prior | Lot 56

7-9 Cross Street, Galston, Ayrshire, KA4 8AA

Sold Prior

  • Commercial Property
  • Tenure: Leasehold. The property is held on a 99 year lease from 30th March 1967 (thus approximately 51 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Wed 15/04/2015

Auction Time

12 noon

Auction Venue

The Ballroom, Landmark Hotel, 222 Marylebone Road, Marylebone, London, NW1 6JQ

A Commercial Investment Producing £21,000 Per Annum

The property comprises a basement and ground floor double fronted commercial unit situated within an end of terrace building arranged over basement, ground and first floors.

Tenure

Leasehold. The property is held on a 99 year lease from 30th March 1967 (thus approximately 51 years unexpired).

Location

Cross Street is located in the heart of Galston town centre. Nearby multiples include Ladbrokes and Bank of Scotland. Transport links are provided by the A71 allowing direct access to Kilmarnock.

Accommodation

Basement Floor Storage Area Store Room WC with wash basin Ground Floor Retail Area Sub Post Office Office Two Store Rooms

Tenancy

The property is let to Co-operative Wholesale Society Ltd on an FRI lease from 21st January 1968 to 28th May 2020 at a rent of £21,000 per annum. Rent paid half yearly.

Current Rent Reserved £21,000 per annum

Viewing Details

Sold Prior

Addendum

Sold Prior

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.