Small freehold unit with strong headline yield and courtyard frontage.
- Ground-floor commercial unit, approx. 248 sq ft (23 sq m)
- Freehold; being sold at auction with immediate offers possible
- Forecast rent £450–£500 pcm (gross £5,400–£6,000 pa)
- Rateable value £2,300; currently qualifies for 100% rates relief
- Frontage onto Queen’s Court courtyard; good passing trade visibility
- Victorian sandstone character; attractive town-centre position
- Small windows and historic layout may need security/refurbishment
- Located in a very deprived area; consider tenant profile and demand
A compact ground-floor commercial unit in the refurbished Queen’s Court centre, offered freehold and being sold at auction. The property comprises two interlinked rooms with separate street-facing access and a total internal area of about 248 sq ft (23 sq m). It benefits from courtyard frontage and passing footfall, making it suitable for office, shop or showroom use.
Forecast rental of £450–£500 pcm (gross annual £5,400–£6,000) creates a strong headline yield versus the asking price, and the low rateable value (£2,300) currently qualifies for 100% small business rates relief. The building’s Victorian sandstone character and central position in Ayr provide good visibility and potential capital growth as the court continues to attract new operators.
Buyers should note the property’s limitations: it is small (248 sq ft), set in a very deprived local area, and will be sold at auction with immediate offers possible. The rooms have small windows and a historic layout that may need security or refurbishment work to suit some commercial uses. Broadband speeds are average; mobile signal is excellent. There is no flood risk stated.
This lot will suit buy-to-let investors seeking a very high-yield, low-entry-price commercial holding or an owner-occupier wanting a small, central retail/office presence who is prepared to carry minor upgrades. Full inspection is recommended to confirm condition and fit-out requirements before bidding.
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