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17 Bank St
Irvine KA12 0AJ

Retail Property For Sale

Investment Highlights

  • Self-contained cellular offices
  • Redevelopment potential
  • Private parking
  • VAT free freehold opportunity
  • Excellent transport links

Executive Summary

LOCATION Irvine is one of the largest towns in Ayrshire, situated on the coast approximately 13 miles north of Ayr. The subjects are located to the north side of Bank Street in close proximity to its junction with High Street. Excellent public transport links are available nearby with frequent bus services operating on Bank Street and High Street. Irvine Train Station is within easy reach taking roughly 10 minutes to walk to. Occupiers nearby include Iceland Foods, Premier Convenience Store and The Ambassador. DESCRIPTION The subjects comprise a first floor office contained within a detached two storey building under a pitched and slated roof. There are two retail units on the ground floor. Internally, the property has one large office, one smaller office, a good sized kitchen, a WC and storage space. The subjects have laminate flooring throughout, plaster and painted walls and ceilings with fluorescent strip lighting. Space heating is provided by a gas boiler. Car parking is accessible to the rear of the property. ACCOMMODATION The property provides an approximate floor area of 59.21 sq m (637 sq ft). This area has been calculated using IPMS 3 - Office in accordance with the RICS Property Measurement (2nd Edition). PLANNING The subjects fall within a Conservation Area designated by the adopted Local Development Plan 2 for North Ayrshire. Appropriate uses which may be considered by the Council are detailed in the appropriate Policy. Unconditional planning consent was previously approved (REF: 05/00552/PP) for the change of use from retail to residential. All planning queries should be made directly to North Ayrshire Council. SERVICES The property benefits from mains supply of gas, electricity, water and drainage. Prospective purchasers should make their own enquiries to ensure that utilities and services are satisfactory for their requirements. OFFERS Offers in excess of £35,000 are invited for our clients’ heritable interest (Scottish equivalent to English Freehold). Our clients’ are under no obligation to accept the highest or any offer. RATEABLE VALUE According to the Scottish Assessors Association website, the subjects have a Rateable Value of £4,300. As the Rateable Value falls below £15,000, the owner/occupier may be eligible for 100% rates relief, subject to status. ENERGY PERFORMANCE The property has an EPC rating of B. A copy of the Energy Performance Certificate (EPC) is available upon request. VAT All prices quoted are exclusive of VAT, where applicable. The subjects are not elected for VAT, therefore, no VAT will be payable on the sale price. LEGAL COSTS Each party will be responsible for their own legal costs. The purchaser will be responsible for any registration dues and LBTT. ENTRY Entry will be available on completion of legal formalities.

PROPERTY FACTS

Property Type Retail
Property Subtype Storefront Retail/Office
Building Class B
Lot Size 0.02 AC
Gross Leasable Area 637 SF
No. Stories 1
Year Built 1909
Tenancy Single
Parking Ratio 4.71/1,000 SF

Amenities

  • 24 Hour Access
  • Energy Performance Rating - B
  • Storage Space
  • Listing ID: 22360308

  • Date on Market: 3/1/2021

  • Last Updated:

  • Address: 17 Bank St, Irvine KA12 0AJ

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