Forming part of the ground floor of a larger residential block of flats, the property has a prominent corner position wth an attractive muti-windowed frontage finished in polished sandstone. The unit is of a regular shape and has ample toilet and staff welfare facilities towards the rear.
Location
Greenock is the administrative centre of Inverclyde District and sits 27 miles west of Glasgow city centre. Cathcart Street is a secondary retail parade to the east of Greenock town centre where Inverclyde Council have a substantial presence. The area is a mix of residential and commercial uses and surrounding occupiers include the Greenock Library, Wetherspoons' The James Watt, the Post Office and a branch of RBS. Ample metered on and off street parking is available and Greenock Central railway station is immediately behind the premises
Accommodation
Scaling from plans provided to us by our client, we estimate the premises to extend to the following approximate floor areas:
Ground Floor Net Internal Area - 48.50 sq m (522 sq ft)
Terms
Rating - From enquiries made at saa.gov.uk, the premises are entered on the current Valuation Roll as follows:
NAV/RV - £5,800; 2018/19 Poundage: £0.48
With the Rateable Value set at this level, qualifying occupiers can apply for the Small Business Bonus Scheme that can reduce the Rates Payable figure to £0.
Energy Performance Certificate - G Planning The property has the benefit of a Class 2 (Office and Financial Services) Use and Deemed Consent is therefore also available for Class 1 (Retail) Use.
VAT - The property has not been elected for VAT purposes and VAT is therefore not chargeable on any agreed sale price.
Terms - Subject to obtaining vacant possession, our clients are offering the heritable (Scottish equivalent of freehold) interest for sale and seeks offers in excess of £70,000.
Legal Expenses - Each party will meet their own legal expenses incurred in connection with the transaction, with the incoming occupier meeting the costs of any Land and Buildings Transaction Tax and Registration Dues that may be payable.
Entry - Subject to our client obtaining vacant possession, entry is available immediately on conclusion of missives.