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Sandgate - Queens Court Shopping Centre 248 - 2,140 SF Condo Units Offered at $18,599 - $325,485 CAD Per Unit in Ayr KA7 1LE
INVESTMENT HIGHLIGHTS
- Massive commercial unit set in prominent building in the Sandgate of Ayr. Property Extends to 2,140.94 sq ft (198.90 sq m)
- Excellent opportunity for commercial let
- Property was previously let to a Spa for £15,000 per annum. Property will be sold vacant
EXECUTIVE SUMMARY
Ayr, situated along the picturesque coastline of South Ayrshire, presents an appealing investment opportunity with its strategic location and rich cultural heritage. As a historic market town with a vibrant tourism industry, Ayr boasts a diverse economy supported by sectors such as hospitality, retail, and leisure. Its stunning beaches, iconic landmarks like the Auld Brig, and annual events such as the Ayr Gold Cup attract visitors from far and wide, creating opportunities for investment in tourism-related ventures. Additionally, Ayr's proximity to Glasgow and excellent transport links make it an attractive destination for businesses and commuters alike. Investors can capitalise on Ayr's expanding housing market, urban regeneration projects, and community initiatives to drive economic growth and contribute to the ongoing prosperity of this charming town in Scotland.
PROPERTY FACTS
| Total Building Size | 21,708 SF | Floors | 4 |
| Property Type | Retail | Typical Floor Size | 3,882 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1965 |
| Building Class | B | Lot Size | 0.09 AC |
| Total Building Size | 21,708 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 3,882 SF |
| Year Built | 1965 |
| Lot Size | 0.09 AC |
AMENITIES
- Courtyard
- Security System
5 UNITS AVAILABLE
Unit 3 & 10
| Unit Size | 248 SF | Condo Use | Office/Retail |
| Price | $18,599 CAD | Sale Type | Owner User |
| Price Per SF | $75.00 CAD | Tenure | Freehold |
| Unit Size | 248 SF |
| Price | $18,599 CAD |
| Price Per SF | $75.00 CAD |
| Condo Use | Office/Retail |
| Sale Type | Owner User |
| Tenure | Freehold |
DESCRIPTION
Good sized ground floor commercial property. Property would suit a variety of uses such as office, shop or showroom. Property Comprises. Entrance through communal hallway, 2 large rooms. Each room has its own access door with a connecting door between them. The property extends to 248 sq ft (23 sq m). Rateable value is £2,300 which makes it qualify for 100% rates relief.
SALE NOTES
Unit 3 and 10 Queens Court, 10 Sandgate, Ayr, KA7 1BH offered for sale at £10,000.
Unit 29 & 32
| Unit Size | 2,140 SF | Sale Type | Owner User |
| Price | $325,485 CAD | Tenure | Freehold |
| Price Per SF | $152.10 CAD | Sale Conditions | Auction Sale |
| Condo Use | Retail |
| Unit Size | 2,140 SF |
| Price | $325,485 CAD |
| Price Per SF | $152.10 CAD |
| Condo Use | Retail |
| Sale Type | Owner User |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
DESCRIPTION
Vacant former bar and restaurant located within a prime location in Ayrshire.
The property proves to hold massive value in the potential rental income alone, not to mention the passing trade/ Prime location.
This property presents a massive opportunity for an owner-occupier or investor to step in and benefit from substantial rental income or utilise the space as their own thriving business. Its proximity to local offices and consistent passing trade further enhances its appeal.
SALE NOTES
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Opening Bid
£150,000
+12 More
15-16
22-6
19-8
21-6
20-7
16-11
18-8
17-9
7-16
14-12
12-15
9-17
6-19
10-16
8-15
5-18
13-13
Unit 30
| Unit Size | 1,000 SF | Sale Type | Investment |
| Price | $120,894 CAD | Tenure | Freehold |
| Price Per SF | $120.89 CAD | Sale Conditions | Auction Sale |
| Condo Use | Retail |
| Unit Size | 1,000 SF |
| Price | $120,894 CAD |
| Price Per SF | $120.89 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
DESCRIPTION
The property comprises a large, inviting commercial space currently operating as a vibrant coffee shop.
SALE NOTES
Rare Investment Opportunity: Opening Bid
£65,000
Unit 36
| Unit Size | 1,000 SF | Condo Use | Retail |
| Price | $120,894 CAD | Sale Type | Investment |
| Price Per SF | $120.89 CAD | Tenure | Freehold |
| Unit Size | 1,000 SF |
| Price | $120,894 CAD |
| Price Per SF | $120.89 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
DESCRIPTION
Property is located in an excellent location, facing onto Newmarket Street and benefits from high passing trade.
SALE NOTES
Excellent commercial investment opportunity, located within a prime location in Ayr.
Property is currently tenanted and achieving £9,600 per annum. Excellent high yielding opportunity. Property could potentially attract £10,200-£11,400 per annum.
Interior
Interior
Interior
Interior
Unit Unit 5 & 13
| Unit Size | 2,140 SF | Sale Type | Owner User |
| Price | $130,194 CAD | Tenure | Freehold |
| Price Per SF | $60.84 CAD | Sale Conditions | Auction Sale |
| Condo Use | Retail |
| Unit Size | 2,140 SF |
| Price | $130,194 CAD |
| Price Per SF | $60.84 CAD |
| Condo Use | Retail |
| Sale Type | Owner User |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
DESCRIPTION
Prime New Entry. Massive commercial unit set in prominent building in the Sandgate of Ayr. Property Extends to 2,140.94 sq ft (198.90 sq m). Property was previously let to a Spa for £15,000 per annum. Property will be sold vacant. The property is accessed off a courtyard on Sandgate at Queens Court. Within the building there is a mixed variety of spaces from office, residential and/or wellbeing uses with current occupiers including a barber shop, a salon and a dental practice. Excellent opportunity for commercial let.
SALE NOTES
Prime New Entry. Massive commercial unit set in prominent building in the Sandgate of Ayr. Property Extends to 2,140.94 sq ft (198.90 sq m). Property was previously let to a Spa for £15,000 per annum. Property will be sold vacant. The property is accessed off a courtyard on Sandgate at Queens Court. Within the building there is a mixed variety of spaces from office, residential and/or wellbeing uses with current occupiers including a barber shop, a salon and a dental practice. Excellent opportunity for commercial let. Property would attract an annual income of £13,000 - £16,000 making it an attractive investment at Guide Price. Property may lend itself for conversion into Serviced accommodation, subject to researching and gaining necessary consents. The property has 2 separate entrances and may be suitable for 2 apartments or 1 large unit. (subject to researching and gaining the necessary consents.) Should the property be used as for Serviced accommodation the expectations for nightly rate would be £100 - £150. Based on 70% occupancy this would provide a gross annual income of £25,550 - £38,325 making it an extremely attractive investment opportunity. Perfect for SA purposes should it be turned into Resi/SA. May lend itself to being split into a 2 bedroom flat and a 1 bedroom flat. Has 2 separate entries which is ideal. Property was previously let to a Spa for £15,000 per annum. Property has a current rateable value of £13,200.
+12 More
15-16
22-6
19-8
21-6
20-7
16-11
18-8
17-9
7-16
14-12
12-15
9-17
6-19
10-16
8-15
5-18
13-13
NEARBY MAJOR RETAILERS
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Sandgate - Queens Court Shopping Centre
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