4 bedroom detached house
£225,000
Dalry, Ayrshire KA24
  • Investment/development opportunity to purchase a large commercial property
  • Sitting tenant in place providing an income of £10,000 per annum
  • Ideal location
  • Viewing recommended

Reference - 46848

Description
This is an opportunity to purchase a former hotel with a prominent location within the centre of the town.

The opportunity includes the added benefit of a sitting tenant within part of the property who has been in place since 2018 paying an annual rental of £10,000.

This commercial property is located in Dalry, situated in north Ayrshire on the A737 which runs from the west of Glasgow to the Ayrshire coast. This makes it easily accessible to the city of Glasgow as well as the other major Ayrshire towns such as Irvine, Kilmarnock, Prestwick and Ayr.

The property is located in the town centre close to Main Street and just of North Street. The area is mixed retail, commercial and residential in nature and there are public car parking facilities outside and private car park to the rear.

This is a fantastic investment opportunity with great return, along with further development opportunities to either run the business or lease out the property.

Sales
Currently the annual rental is £10,000 approximately.

Building External
This is a substantial detached property. Car park at the rear of the building which could fit 20 cars in it.

Building Internal
The property is set out over three floors of multi use space, including a ground floor café/soft play area. Also on the ground floor is the restaurant area and on the first floor is a bar and function suite with second floor living accommodation including bedrooms, bathrooms and a kitchen.

The property has been undergoing renovation during the last 6 years.

The café area comprises of seating accommodation for 36 customers, with a good sized service area, male and female toilet facilities and is decorated to a high standard throughout having been recently modernised and redeveloped.
The children’s soft play area is constructed over two levels allowing plenty of space for children to play. The café is currently leased out. The restaurant comprises of a seating area that can comfortably seat 65 customers with kitchen and WC facilities to the rear. The premises has been partially renovated with little work needing to be done.

Located on the first floor is a large function hall with a bar. There are also separate male and female toilets. It would make an ideal location for large events such as weddings, birthdays or funerals.

There are three other multi-purpose rooms which could be utilised as office space or storage.

The second floor consists of living/letting accommodation. There are 4 bedrooms, 1 of which is equipped with ensuite facilities, a kitchen and a separate bathroom. This space could be turned into private living area subject to planning or could be rented as guest accommodation.

Residential Accommodation
There is currently no residential accommodation for owners/management available, however the second floor consists of living/letting accommodation. There are 4 bedrooms, 1 of which is equipped with ensuite facilities, a kitchen and a separate bathroom.

This space could be turned into private living area subject to planning or could be rented as guest accommodation.

Tenure
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a fantastic investment opportunity with great return along with further development opportunities to either run the business or lease out the property.

A viewing is highly recommended to avoid disappointment.

This property is marketed by:

Bruce & Company
First Floor, 9a South Gyle Crescent, Edinburgh
0131 268 9615
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