This former nightclub, restaurant and bar was bought by new owners in May 2020 and is available to let.
Situated in the heart of Greenock town centre, the premises enjoy high footfall within the central bus station.
These fantastic 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.
The property is located as the end terrace unit, with corner aspect onto West Stewart Street, located just a two-minute walk from Greenock's principal retail area of the town, the Oak Mall.
Internally, the ground floor provides an open-plan seating area, formerly used as the restaurant, with bar, kitchen and staff facilities to the rear. The basement is open plan in nature, with a dedicated entrance, having previously been a nightclub with bar and staff facilities to the back of the unit.
The subjects are on the west side of West Stewart Street, close to its junction with Westburn Street and the A78. The surrounding area has a mixed range of national and independent occupiers.
We calculate the Gross Internal area of the subjects to extend to:
Basement Floor: 348.64 sq.m. (3,753 sq.ft.)
Rates: From the Assessor’s website, we note the subjects are in the current Valuation Roll with a Rateable Value of £13,500. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.
Rent: Offers of £18,000 per annum are requested to form a new lease.
EPC: A copy of the Energy Performance Certificate is available upon request.
Entry: Entry is available upon completion of a lease.
The units are available to lease on Full Repairing & Insuring Terms. For further information concerning the quoting rents and likely incentives, please contact Bowman Rebecchi. Each party to be responsible for their legal costs and outlays, including VAT incurred.
Scottish Enterprise - Regional Selective Assistance
Regional Selective Assistance is the main discretionary investment grant scheme for businesses in designated areas of Scotland, and Inverclyde is one such area. Companies, whether Scottish owned or headquartered outside Scotland, can apply with Bowman Rebecchi assisting in securing Property Support Scheme grants of potentially up to 30% for qualifying businesses due to Inverclyde being a Tier 2 assisted area.