Page 14 - Shepherd Commercial Auction June 2022
P. 14

   Lot 13
Lot 13
Land at The Ridges, Kingswells, Aberdeenshire AB15 8TG
 Features:
• Residual Land
• Situated within residential location of Kingswell
Description:
The opportunity consists of residual land within a residential development that was known as The Ridges. The site extends to approximately 0/93 Hectacres (2.30 acres). Interested parties should make their own investigations in respect of site area.
Location:
The subjects are located within Kingswells, a popular residential suburb located approximately 6 miles west of Aberdeen City Centre. Local facilities within Kingswells include a community centre, medical centre, a neighbourhood shopping centre. The subjects are also in close proximity to Prime Four Business Park where a number
of large office occupiers are based in addition to leisure facilities located at the Village Hotel and The Four Mile. This area has also recently been advanced with the completion of the Aberdeen Western Perpheral Route (AWPR) resulting in the location been easily accessible to all parts of the city.
Vacant possession upon completion Tenure: See Legal Pack
Viewing:
Viewings by arrangement with Shepherd Commercial Property Auctions -Tel: 01224 202800 Email: mark.mcqueen@Shepherd.co.uk
Auction Type: Unconditional Sale. The buyers fee is 2% plus VAT (2.4% including VAT) subject to a minimum of £2,500 plus VAT (£3,000 including VAT)
*Guide Price £1,000+ (plus fees)
Lot 14
Features:
• Ground floor retail unit
• The property is let to Good Taste D and D Limited for 5 years from 1st August 2020 with tenant break option.
• Guide price reflects attractive net initial yield of 13.2%
• Total Accommodation: 63.66 sq m (685sq.ft.)
• RV: £7,400
Description:
The subjects comprise a ground floor retail unit having a single aluminium glazed display window with matching entrance door. Internally the subjects comprise a café area with fixed counter and customer seating. The property has been upgraded recently by the occupiers. W.C. facilities are located to the rear.
Location
The subjects are located on Newmarket Street a well regarded town centre pedestrianised retailing area lying within close proximity of Ayr High Street. Nearby occupiers include Rieker Footwear, The Good Currency Company and a range of small niche retailers. Ayr is the principal settlement in the South Ayrshire Council area with a resident population of around 46,800.
Commercial Investment
The property is let to Good Taste D and D Limited for 5 years from 1st August 2020 at a rent of £7,000 per annum. There is a tenant break option at 26th June 2023.
*Guide Price £52,000+ (plus fees)
14 | *Please see Buyer’s Terms for definition of guide price and auction fees
For identification purposes only. Not to scale.
 53 Newmarket Street, Ayr KA7 1LL
 Energy Efficiency Rating: G Tenure: See Legal Pack
Viewing:
Viewings by arrangement with Shepherd Commercial Property Auctions - Tel: 01292 267987 Email: kevin.bell@shepherd.co.uk
Auction Type: Unconditional Sale The buyers fee is 1.5% plus VAT (1.8% inc VAT) subject to a minimum of £2,500 plus VAT (£3,000 including VAT)
Closing date for next Auction: 7th May 2020 - Entries Invited
 




























































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