Page 10 - Shepherd Auction Catalogue September 2022

Lot 5
Town Centre Licensed Premises
48 Newmarket Street, Ayr KA7 1LR
Features:
• Popular and busy pedestrianised street
• Scope to sub-divide, subject to any necessary planning consents • Potential to re-establish a well known town centre licensed venue • Approximately 604.4 sq m (6,506 sq ft)
Description:
Category C Listed property formed in stone and slate. The bar/restaurant is on the ground floor, on the lower ground floor is a timber panelled restaurant. At first floor level is a private dining/function room. A commercial kitchen and storage space is located to the rear of the ground floor. W.C facilities are located at ground and first floor. Offices and additional storage are located at attic level.
Accommodation:
Lower Ground Floor - Restaurant, Cellarage, Store Rooms
Ground Floor - Restaurant/Bar Area, Kitchen, Storage, W.Cs
First Floor - Private Dining Room/Function Suite, Prep Area, W.Cs, Store Rooms Second Floor - Two Offices, Store Room
Location:
Located on Newmarket Street in Ayr town centre. Newmarket Street is a popular pedestrianised retailing location. Shops are occupied by local and national traders, and licensed premises. Ayr is the main town within the South Ayrshire Council, having a resident population of around 46,800.
Rating Assessment:
Currently entered in the Valuation Roll as follows: RV £18,000. 25% rates remission may be available to qualifying occupiers under the Small Business Bonus Scheme.
Energy Efficiency Rating: G
Auction Type: Unconditional Sale. The buyers fee is 2.4% including VAT subject to a
minimum of £1,600 including VAT
*Guide Price £165,000+ (plus fees)
10 | *Please see Buyer’s Terms for definition of guide price and auction fees
Viewing:
Viewings by arrangement with Shepherd Commercial Property Auctions -Tel: 07720 466050 Email: kevin.bell@shepherd.co.uk
Tenure: See Legal Pack
Closing date for next Auction: 7th May 2020 - Entries Invited