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This superb town centre restaurant/bar is available to let after the end of a long-term tenancy, providing a superb opportunity for an experienced operator with a stepped rent to support long-term growth.
The former WestEnd Bar & Kitchen is available with all current fixtures and fittings and is in turnkey condition for a new operator. The premises are highly-visible at the foot of West Blackhall Street and Grey Place, adjacent to the main A770 road through Greenock with high footfall and ease of access.
The restaurant provides a warm and welcoming entrance and reception area, with window bay seating as well as bar side stools for those having bar snacks, with the unit offering approximately 60 covers with a fixed bar area which is modern and inviting, and previous specialised in cocktails alongside traditional beers and spirits.
Within the middle section lies the kitchen area, cleverly disguised with entrance and exit at both sides for ease of service. The kitchen is spacious and includes all machinery and equipment if required.
To the rear of the property is the largest seating area, which is well laid out and spacious, with access to the superb welfare facilities, which include male/female and baby change.
The premises offer a range of opportunities for new occupants all within close walking distance of Greenock's Oak Mall and Greenock Ocean Terminal, where 150k visitors and crew land every summer from cruise liners.
This is a fantastic space for a business to position itself with high visibility and footfall.
121-123 West Blackhall Street is available on a stepped rent of £1,250 per month for the first two years, rising to £1,500 per month in years 3-4 and £1,667 in years 5 onwards.
A VIBRANT 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.
The property is located at the top end of West Blackhall Street, located just a five-minute walk from Greenock's principal retail area of the town, the Oak Mall, and is visible from the adjacent A770 main road.
Other enterprises located nearby include a range of hairdressers, restaurants, cafes, takeaways, clothing stores, gift stores, and Aldi.
This space provides tenants with a welcoming, comfortable working environment right in the heart of Greenock Town Centre.
This is a well-connected business hub, with Greenock West train station only a ten-minute walk as well as connecting ferry services to Argyll and Bute a ten-minute drive. There are bus stops adjacent to the property also for both ways as well as on-street parking.
On-street parking is available, alongside several other parking provisions all within a 5-minute walk of the premises.
Viewings can be arranged by appointment with Bowman Rebecchi.
SAT NAV DIRECTIONS
The postcode for the property is PA15 1YD.
Class Use 3 (Foor and Drink)
The on-site measurements, measured in accordance with the RICS Code of Measuring Practice (6th Edition), calculate the subjects extend as follows:
261 sq m | 2,809 sq ft
Rates - From the Assessor’s website, the property had a Rateable Value of £14,500. The property qualifies for 37.5% 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.
Rental - The property is available by way of a new lease at a guide rent of £15,000 per annum, excluding VAT which is not applicable, with terms to be agreed upon. The proposed rent would be £15k for the first 2 years, rising to £18k p.a. at years 3-4 and £20k p.a. at year 5.
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.
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.