High Street, Greenock

39 High Street - For Sale

£60,000, Offers in the Region of

600 sq ft

OVERVIEW

**360° Virtual Tour Available** 

A superb opportunity to purchase or lease this Greenock Town Centre retail unit shop is available through Bowman Rebecchi. Situated on High Street, the subjects are centrally located, with excellent visibility from the A78, with roller shutter security, and are suitable for a wide range of uses (subject to Planning).

The subjects are available to rent or purchase after the end of a long-term tenancy to a florist who has since relocated to a larger property in Greenock.

Set on the ground floor, the property is accessed from both the Oak Mall and Crown Street, with a large main floor offering a good-sized space that is currently mirrored. To the front is a seating area that acts as a natural reception area. There are several electrical points throughout the property.

To the rear of the property is a further office, storage area, and staff welfare facilities.

The property comprises a two-storey office accommodation of concrete construction. The property has been in the same ownership for several decades and is now being sold alongside this property. 

With its open-plan layout, this property could act as an excellent location for retail, leisure, salon, or office use, subject to a successful change of use application, which Bowman Rebecchi can support.

PURCHASE OR LEASE

Our client is open to both sale and rental options.

VIEWING

Viewings can be arranged by appointment with Bowman Rebecchi. 

SURROUNDING BUSINESSES

Businesses situated nearby include several retail businesses within The Oak Mall. The Exchange and Cruden Hall restaurants are located on Ann Street, with B&M a short walk.

There is a wide variety of SME businesses are in close proximity in this vibrant part of Greenock including florists, hairdressers, butchers, and takeaway shops.

INVESTMENT

The demand to own property in Inverclyde is strong, with this property likely to command approximately £6-7k per annum from a new tenancy, making this an attractive investment opportunity providing a 10-11% yield.

A CENTRAL LOCATION

Greenock is located approximately 20 miles west of Glasgow with a residential population of over 50,000 persons and a core catchment population of approximately 270,000 persons.

Greenock Central Railway Station is a six-minute walk providing regular train services to and from Glasgow Central Station and Gourock, with adjoining services to Wemyss Bay and Paisley.

Greenock's Oak Mall is located adjacent, with access via the High Street entrance. Greenock Bus Station is a 4-minute walk, with Greenock Central and Greenock West railways stations both 8-minute walks. 

On-street parking is also available in close proximity.

MEASUREMENTS 

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

55.7 sq m / 600 sq ft

TERMS

Rates From the Assessor’s website, the property had a Rateable Value of £5,400. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.

EPC A copy of the Energy Performance Certificate is attached above and available upon request.

Entry - Early entry is available upon completion of missives. 

Price - Our client is seeking offers in the region of £60,000 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.

For further information or to view, please contact Bowman Rebecchi.

FEATURES

  • Available to Rent or Purchase
  • Highly-visible Accommodation
  • 100% Rates Relief Available Subject To Status
  • Town Centre Commercial Unit
  • Outstanding Bus, Car and Rail Access For Staff
  • Easy Access to A78
  • Electricity and Water Supplies In-Situ
  • On-Street Parking
  • Greenock Oak Mall - 1 Minute Walk
  • Greenock Town Centre - 5 Minute Walk
valuation

Get an Commercial Property valuation

Find out how much your property is worth