Shore Street, Gourock

OVERVIEW

This rarely available 0.13-acre site in Gourock town centre, which was previously approved by Inverclyde Council to create a new residential development, has been made available to purchase through Bowman Rebecchi.

The proposed development site forms a small gap site, once occupied by a residential villa that was demolished in the early 2000s.

Sandwiched between a four-storey tenement block and a two-storey dwelling, the site slopes significantly from the back end and fronts directly onto Shore Street.

It was previously proposed to erect 8 no. flats of various sizes and accommodation within a five-storey block with associated parking which was approved by Inverclyde Council in 2017 but has since lapsed.

The site is situated in the Gourock area bounded by Church Street to the North, King Street to the south with Shore Street and Royal Street to east and west boundaries respectively.

The Street levels slope down from the rear with Royal Street the high point.

The computer-generated images attached provide an idea of the potential development, size, location and style approved by Inverclyde Council. 

Recent Gourock housing developments include Kirn Gardens by Merchant Homes, McTaggart's Cowal Court Development at Cowal View and the recently approved former McPherson Centre site in upper Gourock.

Gourock is a thriving town with high demand for residential units. As a result, this plot of land is expected to be popular with developers and buyers alike.

The images shown give some potential ideas for the potential development of the site.

A Site Investigation survey is available to purchasers, which Bowman Rebecchi can share on request.

SURROUNDING AREA

The site is located in lower Gourock, with direct access from the A770 main road.

Ferry services to Argyll and Bute are nearby, as-is Greenock Ocean Terminal, for the embarkation of cruise ships, as well as Kip Marina, for access to the beautiful sailing waters of the Clyde. The unique and iconic Gourock Outdoor Pool is a short walk as is the vibrant Kempock Street with its independent shops, bars, cafes and restaurants.

Gourock Golf Club is a 5-minute drive, with scenic walks and views all in close proximity to the site providing a fantastic lifestyle for potential buyers.

LOCATION

Gourock is located approximately 28 miles west of Glasgow on Scotland's West Coast, with a residential population in excess of 10,651 persons and a core catchment population of approximately 270,000 persons, all within the authority of Inverclyde Council.

With a rich maritime heritage, Inverclyde is looking again to the River Clyde to support its future growth, with Greenock Ocean Terminal developing a new pontoon and visitor centre to support its 140,000 cruise liner passengers per annum, with Inverclyde seeing over 500,000 visitors per annum.

Gourock is the headquarters of Caledonian MacBrayne as well as the ferry port for Dunoon. Other activities have included warehousing (Amazon) with the main Inverclyde Royal Hospital less than a mile away in the neighbouring town of Greenock.

SITE MEASUREMENTS

The on-site measurements, measured in accordance with the RICS Code of Measuring Practice (6th Edition), calculate the subjects extend as follows:

0.13 acres - 540 sq m - 5,812 sq ft

TERMS

Planning - A Planning Application for the proposed construction of 8 No. new-build flats in the existing gap site (16/0262/IC) was approved by Inverclyde Council in April 2017 which has now lapsed. 

A previous planning application, submitted by previous owners of the site, was approved in May 2010 (10/0063/IC) and subsequently renewed in August 2013 (13/0149/IC). The previous consent permitted the development of 9 No. flats, 8 of which were contained within a five-storey block, with one additional attic flat.

The site remains part of Inverclyde Council's Strategic Housing Investment Plan (SHIP). 

Price - Our client is seeking offers of £70,000 exclusive of VAT for their Heritable interest.

VAT - All prices, rents, premiums etc. are quoted exclusive of VAT. Interested parties must satisfy themselves as to the instance of VAT in respect of any transaction.

Legal Costs - Each party is responsible for their own legal costs and the tenant shall be responsible for lease registration costs and land tax as standard.

Anti Money Laundering Regulations - The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires Bowman Rebecchi to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.

For further information concerning the opportunity, please contact Bowman Rebecchi.