Cove Road, Albert Hotel, Gourock

OVERVIEW

**360° Tour Available** 

The iconic Albert Hotel, a historic Gourock landmark built in the 1830s, has undergone a substantial renovation, with the first floor available to rent as a guest house.

With the property providing four separate rooms to let, the subjects have a prime location on the main A770 road through and are close to Gourock railway station. 

The ground floor is let as a restaurant with the first and second floors available as guest house opportunities for short and medium-term lets for contractors.

Access is from the garden on the street level, with an additional staircase in place as a second entrance/exit.

With gas and electricity in-situ and a fire alarm system, the Albert Hotel offers superb business development potential for the right owner-operator for all-year-round trade. 

Gourock currently offers a limited provision for guest house services and as a result, we expect this to be very popular.

**Please note** This let does not include the annexe or the top floor, which are off-bounds but have the potential to lease also in the future.

VIEWING

Viewings can be arranged by appointment with Bowman Rebecchi. 

LOCATION

Gourock is located approximately 28 miles west of Glasgow on Scotland's West Coast, with a residential population in excess of 10,000 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. 

For tourists, 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 also less than 10 minutes walk away. 

Businesses in Gourock include Amazon and CalMac Ferries headquarters, with the main Inverclyde Royal Hospital less than a mile away in the neighbouring town of Greenock. 

OUTSTANDING CONNECTIVITY 

The property benefits from direct access onto the A770 linking to the M8 motorway, providing access to the national motorway network as well as the M74 motorway leading South and is 25 minutes drive from Glasgow International Airport. 

The subject property is located adjacent to Gourock railway station, with regular train services to Glasgow and Gourock. CalMac and Western Ferries services to Argyll and Bute are in close proximity with bus and national cycle routes available.  

MEASUREMENTS 

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

- Double Bedroom 1 - 3.4m x 3.9m & En-Suite - 2.5m x 1.8m
- Double Bedroom 2 - 3.7m x 2.4m & En-Suite - 2.5m x 1.3m
- Double Bedroom 3 - 2.8m x 3.6m & En-Suite - 1.8 x 1.8m  
- Single Bedroom - 2.9m x 2.9m & Shower Room - 2.3m x 2.3m

Total - 93.5 sq m / 1,007 sq ft

TERMS

Rates - From the Assessor’s website, we note the subjects are in the current Valuation Roll as £100 due to the refurbishment costs. Previously, the property had a Rateable Value of £13,000, meaning the property would qualify 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.  

Terms - The subjects are available to lease on full repairing and insuring terms. Each party is to be responsible for its legal costs and outlays, including VAT incurred.

Price - £800 per month (exclusive of VAT which is applicable).

Anti-Money Laundering - To comply with anti-money laundering legislation, the successful tenant will be required to provide certain identification documents.

For further information concerning the quoting rents and likely incentives, please contact Bowman Rebecchi.