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Substantial Shop Unit - For Sale/May Let, 9/11 West Blackhall Street, Greenock, PA15 1UA

3,611 Sq Ft / Retail / General Retail

Sold - Last updated: 14 April 2021

9/11 West Blackhall Street comprises a regularly configured, purpose built shop unit of modern construction under a flat roof.

Location

Greenock is located approximately 20 miles west of Glasgow and is the administrative centre for Inverclyde. The town has a population of over 50,000 persons and benefits from a core catchment of over 270,000 persons.

The shop unit is located in the best section of West Blackhall Street, close to its junction with Westburn Street, just outside the Oak Mall Shopping Centre. Nearby  traders include Bon Marche, Greggs, The Money Shop, Yorkshire Building Society and Cancer Research.

Accommodation

Gross Frontage - 41’ 2’’ 12.56 m

Internal Width - 35’ 10’’ 10.92 m

Built Depth - 101’ 1’’ 30.81 m

Ground Floor - 3,611 sq ft  (335.47 sq m)

In addition, a single toilet is provided.

Adjoining properties are two storeys in height, so there is the potential to develop into the airspace above the shop.

Terms

Price - The property is offered for sale at £XXX, exclusive of VAT.

Lease - Alternatively, the unit is offered To Let on a new Full Repairing and Insuring lease for a term to be agreed, subject to 5 yearly upward only rent reviews at a commencing rent of £XXX per annum.

Rateable Value - The property is listed at www.saa.gov.uk at a Rateable Value of £XXX Based on the current poundage of XXX for 2017/18, this produces Interested parties are advised to verify these figures directly with the Local Authority.

Legal Costs - Each party will be responsible for their own legal costs.  However, the ingoing tenant will be responsible for any registration fees and LBTT applicable, together with any VAT payable.

VAT - For the avoidance of doubt, all rents are quoted exclusive of VAT at the prevailing rate. Prospective tenants must satisfy themselves independently as to the incidence of VAT in respect of this transaction.

Entry - The property is occupied under a short term licence, terminable upon 2 months notice.


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