Town Centre Location
Large Frontage
1,808sq ft
Let Until 2029
Lease On Personal Name
Passing Rent: £8,500p.a.
Sale: o/o £60,000
Location
The property is situated on the south side of Nicolson Street at it’s junction with West Stewart Street within the town of Greenock. The location offers a mix of national and local retailers, and direct access to the Oak Mall Shopping Centre.
Greenock is a regional town in the Inverclyde Council area, approximately 20 miles west of Glasgow. The town is serviced by a number of train and bus operators, with the A8, A78 and M8 providing easy access around town, south towards Kilmarnock and east towards Glasgow. Neighbouring occupiers include Semi Chem, Sports Direct, Subway and Iceland
Property
The property comprises a 2 storey corner commercial property with return frontage onto Nicolson Street and West Stewart Street. The property is of traditional construction surmounted by a pitched roof overlaid in tile.
The ground floor comprises a former bookmaker. The property benefits from with double frontage and dual access with aluminium framed and glazed doors. Internally the property is of open plan layout with floors overlaid in laminated timber and carpet throughout. Partitions have been erected to the rear to form counter, staff tea prep along with customer and staff w.c facilities. Lighting is provided by way of fluorescent strips recessed within the suspended acoustic tile ceiling.
Area
The property has been calculated to extend to the following internal area
Ground: 168sqm (1,808sq ft)
Lease Summary
Tenant: Personal Name t/a “Triple A African Food Store”
Expiry 30th June 2029
Passing Rent: £8,500p.a.
Deposit: £2,125 held by the landlord
Sale
The property is available on a freehold basis for o/o £60,000
V.A.T.
Prices quoted are exclusive of V.A.T
Legal
Each party shall bear their own legal costs incurred in the transaction
L.B.T.T. & Registration Dues
Any L.B.T.T. or Registration Dues incurred in the transaction shall be borne by the tenant / purchaser.
V.A.T
Figures quoted exclusive of V.A.T.
Legal
Each party shall bear their own legal costs incurred in the transaction
Viewing
Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser/tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time