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26 Main St, Prestwick

Shop for sale

£1,200,000 11,194 sq ft

Gerald Eve
  • Long term lease completed.
Property type

Shop for sale

Full address
26 Main St, Prestwick KA9 1NX – Prestwick
Asking price
Available space range
There is 1 space available. This measures 11,194 sq ft.
Security system

Sale details

Sale unit 3651809 Available

11,194 sq ft, £107.20 per sq ft, available now

Unit Sale unit 3651809
Address 26 Main St, Prestwick, South Ayrshire, KA9 1NX, GB
Size 11,194 sq ft
Price £1,200,000
Price per unit £107.20 per sq ft
  • The subjects comprise extensive mid-terraced retail premises benefiting from a large dedicated car park to the rear.
  • The subjects are let to b&m retail ltd on a straight 10 year lease from 9th april 2018. the passing rent is £90,000 per annum (£8.24/sq ft).
  • The lease is subject to an upward only open-market review on 9th april 2023 subject to a maximum 10% uplift to £99,000 per annum.
  • B&m were granted 6 months rent-free from the date of entry followed by 24 months at half-rent.
  • Offers over £1,200,000 (one million two hundred thousand pounds) are invited, subject to contract and exclusive of vat for the absolute ownership.
  • A purchase at this level would reflect a net initial yield of 7.11% allowing for purchasers costs of 5.33% including lbtt (land building and transaction tax).
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for 26 Main St, Prestwick

The subjects command a highly prominent positon on the west side of Main Street within its prime section where neighbouring occupiers include Tesco, Superdrug, Greggs, William Hill and Boots.

Building subtype
Number of storeys
Rentable building area
11,194 sq ft
Year built
Surface tandem, Covered, Covered tandem, Reserved, Surface

This shop for sale is located in Prestwick.

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Meet the team

Gerald Eve

  • A profile photo of Gregor Brown Gregor Brown
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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Gerald Eve. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Gerald Eve for full details and further information.