Newton Trading Estate

Newton Trading Estate, McCall's Avenue, Ayr, KA8 9AE

Asking Price £4,161,000

- 67,816 sq ft multi let industrial asset with a range of unit sizes- Generous yard and parking areas with a site coverage of only 33% - Fully let to an excellent tenant mix- FRI leases with no schedules of condition- 93% of rent secured against South Ayrshire Council, Jewson and William Wilson- 63% of rental income below £4.00 psf- Term certain WAULT of 7.48 years- Providing a rent of £310,318 p.a. reflecting a very low average passing rent of only £4.58 psf- Investment provides a combination of asset management opportunities, rental growth and very secure medium term income- Offers over £4,161,000 exclusive- Net initial yield of 7.00%- Low capital rate of only £61.37 psf