0 Bed Retail Property (high Street) For Sale

Town Centre Location

Substantial Frontage

Ground Floor

Potential For Sub-Division

11,908sq ft

Rent: £20,000p.a.

Sale: o/o £135,000



Location



The subjects are located in Greenock, a town situated on the west coast of Scotland, located approximately 25 miles west of Glasgow City Centre and is held with Inverclyde council district. Greenock benefits from a residential population of around 70,313 persons (based on 2020 census information).



Greenock benefits from transport links with the A8 providing access to the M8 motorway which provides direct access into Glasgow. Greenock Train Station, located 0.5 miles from the subject property, provides frequent services into Glasgow Central Station.



More specifically, the subjects occupy a prominent pitch on Cathcart Street, located in the heart of Greenock Town Centre. The surrounding area consist of a blend between residential and commercial operators including Wetherspoons, Custom Bella Gift Shop and The Harbour Barber Shop.



Property



The property comprises a ground floor office which forms part of a larger four storey premises with residential dwellings on the upper floors. The property benefits from a dedicated pedestrian entrance and a glazed frontage onto Cathcart Street.



Internally, the property offers an open plan office space which benefits from a carpeted floor covering, hanging LED strips and a painted ceiling with exposed pipework. The property also contains multiple cellular rooms with a variety of floor coverings and a suspended tiled ceiling with LED tiled lighting incorporated throughout. A large kitchen prep and W/C facilities can be found to the rear of the building.



Area



The property has been calculated to extend to the following net internal area;



Ground: 1,106.28sqm (11,908sq ft)



NAV/RV



£41,000



Rent



The property is available on a new full repairing and insuring head lease for a negotiable term for £20,000p.a



Sale



Offers over £135,000 are invited for our clients freehold interest



V.A.T



Figures quoted are exclusive of V.A.T



EPC



Available on request



Viewing



By appointment only, alternatively virtual viewings can be booked.



Legal



Each party shall bear their own legal costs incurred in the transaction



Anti Money Laundering



TSA Property Consultants are regulated by HMRC in its compliance with the UK Money Laundering under the 5th Directive of the Money Laundering Regulations, effective from 10th January 2020, the agents are required to undertake due diligence on interested parties.