Prime retail Warehouse (15 year lease)

Ayr is one of Scotland’s largest towns and the principal retail centre for the southwest of Scotland. The property comprises a modern retail warehouse unit, extending to approximately 42,056 sq ft, with associated parking for circa. 240 vehicles. Fully let to B&Q Limited on FRI terms, expiring 31st January 2040, providing a term certain of 15.2 years. Committed tenant in occupation since 1997, having recently regeared and extended their lease, adding two further 10 year options to extend from expiry. Passing rent of £520,000 per annum, equating to £12.36 per sq ft.