Nicolson Street, Greenock, PA15

OVERVIEW

This high-potential retail unit sits at the heart of Greenock town centre, providing high-passing trade and captive footfall adjacent to the main shopping thoroughfare and Bus Station, with owners open to a future change of use.

These former bookmakers provide an inviting environment for business use, with good clean decor and a suspended ceiling throughout to optimise energy efficiency as well as several window displays. To the rear is a staff area with seating and tea preparation facilities as well as welfare facilities.

The entrance is from the street level with roller shutters for security at street level for both entrances. The property has both fire and intruder alarms in situ, with an electric supply only. 

Our client is willing to allow the sub-division of this property also into two units, in order to support future letting opportunities. 

The freehold of the property is also available to purchase - Full details Here.

A CENTRAL LOCATION

The property is located on Nicolson Street, located just a one-minute walk from Greenock Bus Station and with the Oak Mall a two-minute walk. Two of Greenock's main retail areas, West Stewart Street and West Blackhall street are on either side.

Other enterprises located nearby include retail, convenience stores, cafes, hairdressers, restaurants, takeaways, clothing stores, and gift stores. Tesco, B&M and Aldi are all within a 5-minute walk.

This is a well-connected business hub, with Greenock West train station only a five-minute walk as well as connecting ferry services to Argyll and Bute a ten minutes drive. Greenock Bus Station is a two-minute walk to Glasgow, Gourock and North Ayrshire with on-street parking within the vicinity as well as local authority parking at £1 a day.

This is a fantastic space for a business to position itself with high visibility and footfall.

ACCOMMODATION

Floor - 102 sq m (1,100 sq ft)

TERMS

Rates - From the Assessor's website, we note the subjects are in the current Valuation Roll with a Rateable Value of £14,200.

The property therefore now qualifies for a 45% rates relief through the Small Business Bonus Scheme, subject to occupier status. The rates liability would be c.£3.9k per annum.

EPC - Available upon request

Entry - Our client is flexible to accommodate requests.

Terms - The subjects are available to lease on full repairing and insuring terms. Each party is to be responsible for its legal costs and outlays, including VAT incurred.

Price - £1,000 per month (VAT not applicable)

Anti-Money Laundering - To comply with anti-money laundering legislation, the successful tenant will be required to provide certain identification documents.

For further information concerning the quoting rents and likely incentives, please contact Bowman Rebecchi.