Withdrawn
- Retail Property (high street)
- Tenure: Heritable
Call the team on 020 7625 9007 for more information
A Well Positioned Retail Investment Let to Bonmarché Limited Producing £38,000 per annum (Excluding VAT).
The property comprises a mid terrace building arranged as a ground floor retail unit with ancillary accommodation to the first floor.
Tenure
Heritable
Location
The property is situated on a primary shopping parade in Greenock town centre and a short walk from Oakmall Shopping Centre. Nearby multiples include Yorkshire Building Society, Greggs and Iceland. Transport links are provided by both Greenock West and Greenock Central rail stations.
The lease commencing April 2003 to April 2018 has been extended pursuant to a minute of variation to increase the lease by 5 years until April 2023 with the option to determine the lease in April 2021. The rent has been re-based from £65,000 per annum to £38,000 per annum (Ex VAT). The minute of variation includes a rent free period from April 2021 to July 2021 on condition that the tenant does not apply to determine the lease in April 2021.
VAT
VAT is applicable (TOGC available)
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
