Excellent opportunity for the small business owner or commercial landlord to purchase this substantial single storey retail unit located in Greenock. The former occupier was a bookmaker so the space is currently fit with this in mind but can be redeveloped for alternative retail use. There is a main sales area as well as separate male and female W.C. spanning a gross internal floor area of around 1087 square feet with a rateable value of £4,100 per annum set meaning there is potential relief for small businesses. It is estimated that rental of this premises would be in the region of £300-£350pcm which would offer a strong return on investment if purchased at the current guide.
1087 square feet
Rateable value £4,100
Potential rate relief for small business
Port Glasgow is located on the Clyde estuary and is home to the Gallagher Retail Park with Tesco's Extra store, Marks & Spencers, TK Maxx, Next and B & Q amongst others. Port Glasgow offers a good selection of shops and amenities and excellent transport links to surrounding areas via both bus and rail services. Easy access to Glasgow via the M8 Motorway network which joins on to the A78 at nearby Langbank. There are further shops, amenities and leisure activities in nearby Greenock including The Waterfront complex with swimming pools and ice rink and nearby cinema.
Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.