69 / 71 West Blackhall Street Greenock Inverclyde PA15 1XE

69 / 71 West Blackhall Street
Greenock
Inverclyde
PA15 1XE

Heritable Retail Investment

Let to British Heart Foundation
Prominent position in Greenock’s prime shopping thoroughfare
Nearby occupiers include Clydesdale Bank, RBS and Farmfoods
Approximately 597.92 sqm (6,436 sq ft)
Large car park at rear
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
56
Auction
21st May 2015
Rent
£50,000 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Heritable Retail Investment

Let to British Heart Foundation
Prominent position in Greenock’s prime shopping thoroughfare
Nearby occupiers include Clydesdale Bank, RBS and Farmfoods
Approximately 597.92 sqm (6,436 sq ft)
Large car park at rear
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 56
Auction 21st May 2015
Rent £50,000 per Annum Exclusive
Status Sold Post
Price
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 2 miles west of Port Glasgow,22 miles west of Glasgow
Roads: A8, A78
Rail: Greenock Central, Greenock West (31 minutes to Glasgow; Central)
Air: Glasgow International Airport

Situation

Greenock has a diverse economy including construction and utilities, manufacturing, retailing and public sector. The property is situated in the prime shopping pitch within Greenock town centre a short distance from the Oakmall Shopping Centre. Greenock West and Greenock Central railway stations are close by together with a number of bus routes serving the area. Nearby occupiers include Clydesdale Bank, Farmfoods, Co-operative Funeral Care, Carpetright and RBS.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Location

Miles: 2 miles west of Port Glasgow,22 miles west of Glasgow
Roads: A8, A78
Rail: Greenock Central, Greenock West (31 minutes to Glasgow; Central)
Air: Glasgow International Airport

Situation

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a double fronted ground floor retail unit with an area to the rear for storage and staff areas. The property benefits from a large car park to the rear.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x.	Reversion
Ground	Retail/Ancillary	597.92 sq m	(6,436 sq ft)	BRITISH HEART FOUNDATION (1)	10 years from 01/02/2010 on a full repairing and insuring lease	£50,000	31/01/2020
Totals		597.92 sq m	(6,436 sq ft)			£50,000

(1) British Heart Foundation is a leading UK charity established in 1961 and is currently trading from approximately 700 outlets in the UK, which include furniture and electrical stores. In addition, British Heart Foundation operates an online store. (Source: www.bhf.org.uk 24/04/2015)