Retail premises for sale

Hope Street, Ayr, Ayrshire KA1

An excellent opportunity to acquire a substantial mixed-use property in Ayr comprising a ground floor commercial unit and a spacious three-bedroom flat above.

The ground floor retail premises extends to approximately 1,200 sq ft and was most recently occupied by Ladbrokes, offering a well-established commercial footprint with prominent frontage and flexible potential for a variety of future uses, subject to any necessary consents.

The first floor accommodation comprises a three-bedroom flat which, together with the retail unit, is now vacant and presents a significant refurbishment opportunity. Both elements of the property would benefit from a comprehensive programme of renovation, allowing purchasers to add value and maximise future rental income.

Once modernised, the property has the potential to generate attractive returns from both the commercial and residential elements, making it an appealing proposition for investors and developers alike.

Situated within Ayr, the property benefits from easy access to local amenities, transport links and the wider town centre, further enhancing its long-term investment appeal.

We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.

It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion. If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.

Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.

All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days. For these reasons, it is suitable for cash buyers only.