Nicolson Street, Greenock

OVERVIEW

**360-Virtual Tour Available**

A rare opportunity, the freehold of this superb first-floor office is available to purchase with a sitting long-term tenant within the heart of Greenock town centre, providing modern internal decoration with a mixture of open plan accommodation and small offices.

The subjects have high visibility and footfall from Kilblain Street and Nicolson Street.

The property is of traditional construction, arranged over two floors, with a further retail unit below and an office adjacent to this property also available through Bowman Rebecchi.

Internally, the property is in walk-in condition, with a kitchen and small offices available as well as several storage options, as well as staff welfare.

This is a fantastic space for a business to position itself within Greenock Town Centre, with early entry available.

CURRENT LEASE

The property is let to the Richmond Fellowship on a 10-year full repairing and insuring lease at £14,400 per annum from April 2024.

The lease has a break option for both parties in 2027 and 2030. A copy of the lease is available for interested parties.

LOCATION

The property is located on Nicolson Street, located just a one-minute walk from Greenock Bus Station 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-minute 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.

VIEWING

Viewings can be arranged by appointment with Bowman Rebecchi.

ACCOMMODATION

Floor - 183.4 sq m (1,975 sq ft)

TERMS

Rates - From the Assessor's website, we note the subjects are in the current Valuation Roll with a Rateable Value of £18,000. The property qualifies for 100% rates relief through the Small Business Bonus Scheme due to its Charity status.

EPC - Available upon request

Entry - Our client is flexible to accommodate requests.

Price - Our client is seeking offers in the region of £125,000 exclusive of VAT for their Heritable interest.

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.