The subjects are fitted out to an extremely high department store standard on ground floor with servicing from the first floor.
Location
The Oak Mall is a successful, fully enclosed shopping centre forming a prime retailing location within Greenock Town Centre. It is located approximately 20 miles west of Glasgow. The town boasts a residential population in excess of 50,000 persons with a core catchment of over 270,000 people.
Oak Mall provides in excess of 282,000 sq.ft. of retail and houses many established retailers amongst its tenants. The unit itself is situated in 100% prime pitch.
Nearby occupiers include Primark Clothing, Wilkinsons, Costa Coffee etc.
Accommodation
Ground Floor - 27,811 sq.ft. (2,584.67 sq m)
Second Floor - 16,666 sq.ft. 1,548.88 sq m)
Second Floor Ancillary - 4,760 sq.ft. 442.38 sq m)
Roof (Plant) - 566 sq.ft. (52.60 sq m)
Total - 49,803 sq.ft. (4,628.53 sq m)
Terms
LEASE TERMS - The subjects are available on a new lease on FRI terms at a rental to be agreed.
RATING ASSESSMENT - We have been verbally advised by the Local Assessors Department the subjects are entered into the Valuation roll as follows:-
Rateable Value £XXX
Based on the current rate poundage of 0.466 in the £XXX this will leave £XXX payable.
SERVICE CHARGE - There is no service charge applicable to this unit.
LEGAL COST - Each party to be responsible for their own legal costs incurred in this transaction with the in going tenant being responsible for any Stamp Duty, Land Tax and Registration Dues.
VAT - All prices, rents, premiums, etc., are quoted exclusive of VAT.
ENTRY - By arrangement.
EPC - An EPC report is available on request.