No longer on the market
This property is no longer on the market
MapProperty
Auction
Property
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 07 March 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
100% PRIME CORNER TROON INVESTMENT circa 1700 square feet+ rear car spaces included. 20 Year lease. Rent £25k pa to minimum £28,000 pa (2028). VAT FREE PROPERTY. Lease to 23rd July 2043 (from 24th July 2023. Tenants - T/A DOMINOS PIZZA (DP Realty Limited) over £150,000 spent on building. 20 year FRI Lease (tenant pays all rates / insurance etc) rent rising to £28,000 per annum minimum (year 5) or upwards only rent review. Super tenant t/a DOMINOS PIZZA - DP Realty reported a turnover of £27,781,000, pre-tax profits of £1,093,000 and shareholder's funds of £5,654,000 Established Trading Location LOW RENT excellent growth on rental to MINIMUM £28,000 per annum OR HIGHER on 24 July 2028.
Auction Details
07 March 2024, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
100% PRIME CORNER TROON INVESTMENT circa 1700 square feet+ rear car spaces included. 20 Year lease. Rent £25k pa to minimum £28,000 pa (2028). VAT FREE PROPERTY. Lease to 23rd July 2043 (from 24th July 2023. Tenants - T/A DOMINOS PIZZA (DP Realty Limited) over £150,000 spent on building. 20 year FRI Lease (tenant pays all rates / insurance etc) rent rising to £28,000 per annum minimum (year 5) or upwards only rent review. Super tenant t/a DOMINOS PIZZA - DP Realty reported a turnover of £27,781,000, pre-tax profits of £1,093,000 and shareholder's funds of £5,654,000 Established Trading Location LOW RENT excellent growth on rental to MINIMUM £28,000 per annum OR HIGHER on 24 July 2028.
Auction Details
07 March 2024, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
About this agent
We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.