Property Description
The subjects comprise two retail units set within a single storey terraced property with each unit summarised as follows: Each unit is let with the lease terms summarised below: 46 Sandgate The unit is let for a period of 5 years from 1st November 2025 at a rental of £8,400 per annum, there is a tenant only option to break the lease at the end of Year 3 with the lease drawn on Internal Repairing Only terms. 52 Sandgate, Ayr The unit is let for a period of 5 years from 1st November 2025 at a rental of £3,600 per annum, there is a tenant only option to break the lease at the end of Year 3 with the lease drawn on Internal Repairing Only terms. Overall therefore the passing rent is currently £12,000 per annum.
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