The freehold of this smart retail unit is available to purchase to the west of Greenock town centre, with a sitting tenant recently committing to a new 2-year lease following recent internal refurbishment.
The current tenant operates as a hair and beauty salon, with the business operating on an appointment-only basis.
Further images, virtual tour, and floorplan to follow.
CURRENT TENANCY
The current tenant is Hair by Angela, who has been in place since March 2022 and signed a new 2-year lease in August 2023 committing to £5,600 per annum.
Location
Greenock is located approximately 20 miles west of Glasgow with a residential population of over 50,000 persons and a core catchment population of approximately 270,000 persons.
The premises are located at the corner of Holmscroft Street and Brachelston Street in the popular Orangefield part of Greenock, adjacent to The Albany Theatre and surrounded by residential dwellings, SMEs, Orangefield Chip Shop, and hairdressers.
Greenock Central Railway Station is a three-minute walk providing regular train services to and from Glasgow Central Station and Gourock, with adjoining services to Wemyss Bay and Paisley.
Greenock's Oak Mall is a ten-minute walk, with HMP Greenock and a selection of schools in close proximity for passing trade. There is on-street parking for delivery also available.
Accommodation
Floor - 52.1 sq m | 561 sq ft
Terms
Rates - From the Assessor's website, we note the subjects are in the current Valuation Roll with a Rateable Value of £2,500. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.
EPC - Available upon request
Entry - Our client is flexible to accommodate requests.
Price - Our client is seeking offers in the region of £65,000 exclusive of VAT for their Heritable interest.
VAT - All prices, rents, premiums, etc. are quoted exclusive of VAT. Interested parties must satisfy themselves as to the instance of VAT in respect of any transaction.
Legal Costs - Each party is responsible for their own legal costs and the tenant shall be responsible for lease registration costs and land tax as standard.
For further information or to view, please contact Bowman Rebecchi.
Specification
- Freehold Purchase Opportunity
- Lease In Place Until August 2025
- 100% Rates Relief Available Subject To Status
- Fantastic Town Centre Location
- Passing Trade From Schools and HMP Greenock
- Internal Refurbishment Underway
- Surrounded By Residential Dwellings
- On-Street Parking
- Greenock West Train Station - 3 Minutes Walk
- West College Scotland Campus - 6 Minutes Walk
- Greenock Bus Station - 10 Minutes Walk