Property for Auction in Scotland - Budds Bar, 6-7 Burns Statue Arcade, Ayr, Ayrshire KA7 1SW

Public house Budds Bar is a Public House close to the ever popular Ayr town centre. Well-presented throughout and enjoying a strong local trade historically, the premises extend to approximately 97 sq. metres, and offer bar area with small kitchen, open lounge offering pool and darts, and female and male WCs. The property is now empty and available as vacant premises. Previous rental income was £150 p.w (£7800 p.a ) which represents an outstanding 15.6% rental yield at Guide Price, with rent reviews scheduled in each of 2026, 2028 and 2030. The published rateable value is £7600 which may qualify for relief under the Small Business Bonus Scheme. This would be an ideal addition to an existing commercial portfolio or a fantastic first step onto the commercial investment ladder. Early expression of interest is recommended. Tenure Freehold Area The popular seaside town of Ayr offers a wide range of national and local retail and leisure options, all set within an area rich in history, and enjoys strong demand from locals and tourists alike. The nearby A77 provides excellent transport links to Glasgow and further afield, with local bus and rail links also available. Local Authority South Lanarkshire Council Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.