Approximately 49,803 sq ft with sales accommodation on ground and first floors
Very low Capital Value per sq ft (circa. £2-£3 psf on Guide Price)
Other occupiers in shopping centre include Primark, Boots the Chemist, Wilko, Costa, JDSports, Poundworld and Greggs
Lot 40
Auction 28th March 2018
Vacant Possession
Status Sold
Price £200,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
2 miles west of Port Glasgow
25 miles west of Glasgow
Roads
A8, A78, M8
Rail
Greenock Central, Cartsdyke and Whinhill Railway Stations
(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 town has a population in the region of 42,000 people and a primary catchment of approximately 100,000 people. The property forms part of the Oak Mall Shopping Centre, a fully enclosed 283,000 sq ft shopping centre which is located at the eastern end of West Blackhall Street, in the heart of Greenock town centre. Major tenants within the shopping centre include Primark, Wilko, Boots the Chemist, Costa, JD Sports and Superdrug.
Tenure
Heritable. Scottish Equivalent of Freehold.
Location
Miles
2 miles west of Port Glasgow
25 miles west of Glasgow
Roads
A8, A78, M8
Rail
Greenock Central, Cartsdyke and Whinhill Railway Stations
(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 town has a population in the region of 42,000 people and a primary catchment of approximately 100,000 people. The property forms part of the Oak Mall Shopping Centre, a fully enclosed 283,000 sq ft shopping centre which is located at the eastern end of West Blackhall Street, in the heart of Greenock town centre. Major tenants within the shopping centre include Primark, Wilko, Boots the Chemist, Costa, JD Sports and Superdrug.
Tenure
Heritable. Scottish Equivalent of Freehold.
Description
The property comprises a large well configured shop with retail accommodation on the ground and first floors and ancillary accommodation on the second floor.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a large well configured shop with retail accommodation on the ground and first floors and ancillary accommodation on the second floor.
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
Gross Internal Floor Areas (Approx)
Possession
Ground First Second Roof
Retail/Ancillary Retail/Ancillary Ancillary Plant
2,583.73 sq m 1,548.32 sq m 442.22 sq m 52.58 sq m
