Main Street, Largs, Ayrshire, KA30
Offers in Excess of
£165,000
£268.29 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
615 sq ft
57 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A1 Shops and A2 Financial and Professional Services
A1, A2
Description
Main Town Centre Location
Ground Floor Retail Unit
Held on F.R.I Lease
Let To Hays Travel
Expiry September 2030
Review: 2025
Passing Rent: £14,500p.a.
Price: o/o £165,000
Location
The property is situated on the north side of Main Street at its junction with Tron Place within the coastal town of Largs. Largs is located within North Ayrshire region and has a population of 11,000 persons. The town lies on the A78 road route extending north to Greenock (15 miles) and south to Irvine (20 miles). The A760 extends east on to the A737 at Beith, providing road access to Glasgow (33 miles). Largs is a charming coastal town located in North Ayrshire, Scotland, on the Firth of Clyde. It is known for its picturesque seaside views, rich history, and as a popular destination for day-trippers from Glasgow and other nearby areas
Largs railway station, close to the subjects, has regular services to Glasgow. As the gateway to the Isles of Cumbrae, the nearby ferry terminal handles some 750,000 passengers annually. Neighbouring occupiers include Blue Lagoon, Salvation Army, Greggs and Largs Train Station.
Property
The property forms a prominent ground floor retail unit with frontage on Main Street and Tron Place on the main vehicular thoroughfare.
The property has been renovated in keeping with Hays travel corporate specifications with suspended acoustic tile ceiling with panel lighting therein. Partitions have been erected to the rear to form staff w.c. facilities along with tea prep and stores.
Area
57.11sqm (615sq ft)
Lease Summary
The property is held on a full respiring and insuring head lease on the following terms;
Tenant: Hays Travel Ltd
Expiry: 28th September 2030
Tenant Break: 29th November 2025
Rent Review: 29th September 2025
Passing Rent: £14,500p.a.
Further Information: Hays Travel Ltd experienced a significant financial boost in its recent fiscal year. For the year ending April 2023, the company's annual turnover surged to £2.19 billion, marking a significant increase from previous years. This growth was largely attributed to a resurgence in travel demand post-pandemic, as well as Hays Travel's expanded retail presence and customer confidence in booking through an established travel agent.
Additionally, Hays Travel reported a pre-tax profit of £51.6 million, reflecting a 259% increase compared to the previous year. The company now operates 470 retail branches, including those acquired from Thomas Cook, and has continued to grow its homeworking and franchise divisions
Sale
The property is advisable on a freehold basis for offers over £165,000
V.A.T
We have been advised the transaction will not be subject to V.A.T
Legal
Each party shall bear their own legal costs incurred in the transaction
Viewing
Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time
Ground Floor Retail Unit
Held on F.R.I Lease
Let To Hays Travel
Expiry September 2030
Review: 2025
Passing Rent: £14,500p.a.
Price: o/o £165,000
Location
The property is situated on the north side of Main Street at its junction with Tron Place within the coastal town of Largs. Largs is located within North Ayrshire region and has a population of 11,000 persons. The town lies on the A78 road route extending north to Greenock (15 miles) and south to Irvine (20 miles). The A760 extends east on to the A737 at Beith, providing road access to Glasgow (33 miles). Largs is a charming coastal town located in North Ayrshire, Scotland, on the Firth of Clyde. It is known for its picturesque seaside views, rich history, and as a popular destination for day-trippers from Glasgow and other nearby areas
Largs railway station, close to the subjects, has regular services to Glasgow. As the gateway to the Isles of Cumbrae, the nearby ferry terminal handles some 750,000 passengers annually. Neighbouring occupiers include Blue Lagoon, Salvation Army, Greggs and Largs Train Station.
Property
The property forms a prominent ground floor retail unit with frontage on Main Street and Tron Place on the main vehicular thoroughfare.
The property has been renovated in keeping with Hays travel corporate specifications with suspended acoustic tile ceiling with panel lighting therein. Partitions have been erected to the rear to form staff w.c. facilities along with tea prep and stores.
Area
57.11sqm (615sq ft)
Lease Summary
The property is held on a full respiring and insuring head lease on the following terms;
Tenant: Hays Travel Ltd
Expiry: 28th September 2030
Tenant Break: 29th November 2025
Rent Review: 29th September 2025
Passing Rent: £14,500p.a.
Further Information: Hays Travel Ltd experienced a significant financial boost in its recent fiscal year. For the year ending April 2023, the company's annual turnover surged to £2.19 billion, marking a significant increase from previous years. This growth was largely attributed to a resurgence in travel demand post-pandemic, as well as Hays Travel's expanded retail presence and customer confidence in booking through an established travel agent.
Additionally, Hays Travel reported a pre-tax profit of £51.6 million, reflecting a 259% increase compared to the previous year. The company now operates 470 retail branches, including those acquired from Thomas Cook, and has continued to grow its homeworking and franchise divisions
Sale
The property is advisable on a freehold basis for offers over £165,000
V.A.T
We have been advised the transaction will not be subject to V.A.T
Legal
Each party shall bear their own legal costs incurred in the transaction
Viewing
Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time
Main Street, Largs, Ayrshire, KA30
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Largs Station0.1 miles
- Fairlie Station2.9 miles
Notes
These notes are private, only you can see them.
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