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The former Sheiling public house provides open-plan accommodation, with a new M&S Foodhall to be developed adjacent offering high footfall and visibility for operators.
The landlord has recently renovated to a 'shell' finish, enabling any occupier to complete their fit-out and is contained within a traditional style tenement building.
The property occupies a prominent roadside position on Main Street at its junction with Waterside Street to the south-east of Largs Town Centre, close to Morrisons, Pearson Cars and a variety of local independent traders and public houses.
North Ayrshire Council's planning department has recently approved a new multi-million pound Marks and Spencer food hall for Largs, replacing the site of the existing Pearson Suzuki showroom and repairs business, and Stewarts Associates in 123-125 Main Street.
The plans involve a new 9,000 square feet food hall - offering customers over 5,000+ food and drink products.
This property is therefore a prime location to capitalise on the new development, which does not include an internal Cafe.
The subjects have a new double-fronted display window onto Main Street. The property has two male toilets, a single female toilet and ground floor stores with an integral staircase leading to the basement cellar, which contains an office and spirit store with a keg drop off Main Street.
The unit also has the benefit of class 3 consent for use as a licensed venue and/or restaurant. A live premises licence is in place.
A high potential site, this is expected to be very popular once the M&S Development is complete.
Location
Located on the Firth of Clyde, Largs is a charming Scottish seaside resort, complete with a Victorian promenade and a wide variety of ice cream parlours and shops that attracts high levels of tourism between March and October.
With an established resident population of 11,340, the town enjoys an enviable reputation for tourism and day trips to the coast from Glasgow. As the gateway to Great Cumbrae, just a mile offshore, the nearby Caledonian McBrayne ferry Terminal handles some 750,000 passengers per annum.
The famous Waverley Paddle Steamer makes regular trips from Largs during the summer months, with Largs a popular spot for those travelling by sailing boat - the Largs Yacht Haven is the largest marina in Scotland and boasts excellent facilities.
The town also benefits from a mainline railway station, with hourly services running to Glasgow and regular bus services to Ayrshire, Greenock and Glasgow.
The town lies on the A78 road route extending north to Greenock (15 miles) and south to Irvine (20 miles), while the A760 extends east to Kilbirnie and connects to the A737 at Beith, providing road access to Glasgow (33 miles).
Accommodation
The property extends to the following gross internal floor areas:
Ground Floor: 134 sq.m (1,442 sq.ft)
Basement: 94 sq.m (1,012 sq.ft)
Total: 228 sq.m (2,454 sq.ft)
Terms
Rates - From the Assessor’s website, we note the subjects are in the current Valuation Roll with a Rateable Value of £14,850 and 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 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 - Rental offers of £20,000 per annum are invited on the basis of a new lease of the negotiable term.
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.
Specification
- New M&S Foodhall To Be Built Adjacent
- Established Location Within Largs Town Centre
- Licensed Premises With Class 3 Hot Food Consent
- Prominent Roadside Position
- Upgraded Awaiting Occupier ‘Fit Out’
- Fantastic Town Centre Location
- Largs Train Station - 3 Minute's Walk
- Millport Ferry - 5 Minute's Walk
- 750,000+ Ferry Passengers Annually
- 100% Rates Relief Opportunity