High Street, Johnstone

OVERVIEW

**360° Tour Available via above link**

This former public house in Johnstone has enjoyed a substantial makeover with the freehold now available to purchase following the completion of the renovation works, with a change of use application recently approved by Renfrewshire Council for Cafe (class 3), gym use (Class 11), associated retail use (class 1) and office use (class 4).

The former Black Cart public house was purchased by our client in 2021 and has since enjoyed a significant refurbishment, including the stripping out of the former premises, a new shop front, and significant structural repairs internally and externally.

A recent RICS valuation on the property has seen this valued at £180k for Hot Food use following the recent refurbishment works.

Other refurbishment works include fresh stud work, plasterboard, and wood-fibre insulation (ceiling & walls) to support heat retention and limit energy costs.

This property provides superb flexibility, within a unique location and with high footfall and passing trade. 

We expect this property to be very popular and therefore early viewing is recommended.

PROPERTY DETAILS

The traditional style premises are contained over the ground floor of a two-storey terraced building, which has a residential property on the first-floor level which is also in the same ownership and available to purchase separately.

Following the refurbishment works, the property is now a blank canvas, ready for a new owner/occupier to fit out with some potential concepts available to view in the photos section.

The newly-fitted shop front and entrance door leading to a welcoming reception area. Beyond this is a large space that could be utilised for a wide range of business uses, including a Cafe, Restaurant, Gym, Bar, and traditional retail (subject to planning).

There is a good-sized conservatory that leads to a considerable rear garden area, offering a range of options for buyers that is private and enclosed.

To the rear of the garden is an external store with access from Canal Street. This is a potential sub-let opportunity (c.£5,000 p.a.), with the neighbouring bingo hall able to grant side street access for £1,800 p.a.

There is an existing premises licence with a variety of activities that can be transferred, with the location having a great reputation as a pub and entertainment venue in the area.

CHANGE OF USE

Our client has had change-of-use applications approved by Renfrewshire Council in March 2023 - these are:

- 22/0815/PP (Bakery/Café/Mini-Mart/Deli) - Change of use from public house (sui generis) to café (Class 3) and associated retail uses (Class 1)

- 22/0817/PP (Co-Working and Café) - Change of use from public house (sui generis) to office space (Class 4).

- 22/0816/PP (Gym Use) - Change of use from Public House (sui generis) to Leisure (Class 11)

OUTSTANDING CONNECTIVITY 

Johnstone is located approximately 14 miles west of Glasgow, with a residential population in excess of 16,000 persons within the authority of Renfrewshire Council. 

The property is situated on the south side of High Street on the eastern periphery of Johnstone Town Centre and close to its junction with Canal Street.

The area is mixed commercial and residential in nature with nearby occupiers including Lidl, Coral, and a variety of local SME businesses. 

Johnstone lies adjacent to the A737, which extends onto the M8 a short distance east of the town and provides ready road access to Glasgow, Greenock, and Paisley. 

On-street parking is available, with a bus stop located adjacent to the property. Johnstone railway station is a 5-minute walk.

VIEWING

Viewings can be arranged by appointment with Bowman Rebecchi.

PLANNING

The premises benefits from Sui Generis use - please see the Planning note above. 

LICENSING

A Premises Licence is in place with the property that permits the sale of alcohol Monday – Thursday 11:00 – 00:00, Thursday, Friday & Saturday 11:00 – 01:00, and Sunday 11:00 – 00:00.

ACCOMMODATION

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

Internal - 181 sq m - 1,951 sq ft

Yard - 190 sq m - 2,049 sq ft 

RATES

From the Assessor’s website, we note the subjects are in the current Valuation Roll with a Rateable Value of £100 due to the property being under reconstruction.

EPC

A copy of the Energy Performance Certificate is available upon request.  

PRICE

Offers are invited for the purchase of our client's freehold in the property, with an asking price of offers in the region of £160,000. The subjects are also elected for VAT which is applicable to any purchase price. 

Parties should register their interest with Bowman Rebecchi.

LEGAL COSTS

Each party will be responsible for their own legal costs incurred during the transaction with the purchaser being responsible for payment of Land and Building Transaction Tax

ANTI-MONEY LAUNDERING

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

For further information, please contact Bowman Rebecchi.