Belville Street, Greenock, Inverclyde, PA15

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A fantastic opportunity has arisen to purchase a former thriving general convenience and off licence store in Greenock. The business was built up by the current owners and demonstrated substantial year on year growth.

Being a busy store in a prime trading location, the business benefits greatly from its proximity to residential dwelling areas, schools and commercial businesses, which in turn has created a strong established customer base.

The store catered for sale a wide range of general and frozen convenience grocery items together with bakery and dairy products, fresh produce, traditional news, confectionery and tobacco lines, and an excellent choice of beers, wines and spirits.

To the rear of the premises is a further opportunity to expand the main shop area, with office and staff welfare facilities.

This established business benefits greatly from its superb location which provides high passing trade daily.

Previous trading hours were 7am-10pm Monday to Saturday and 8am-6pm on a Sunday, with the store catering well to local residents.

There is a high demand for this type of convenience store in this location and we expect early interest in the property.

LOCATION

The subjects are located on Belville Street, which lies within the east end of Greenock and is accessed by St Lawrence Street, which leads to the A8 and Carwood Street, which leads to Cappielow Park, home of Greenock Morton FC.

Belville Street is popular with commuters headed to Inverkip and Wemyss Bay via the B7054.

The A8 (M8) connects Greenock with Glasgow which lies 20 miles to the east. Cartsdyke railway stations are both within walking distance.

This is a fantastic flexible unit for a business to position itself with great accessibility, trade counter and turnover.

SITE MEASUREMENTS

The on-site measurements, measured in accordance with the RICS Code of Measuring Practice (6th Edition), calculate the subjects extend as follows:

102 sq m - 1,100 sq ft

TERMS

Price - Our client is seeking offers of £65,000 exclusive of VAT for their Heritable interest.

VAT - All prices, rents, premiums etc. are quoted exclusive of VAT. Interested parties must satisfy themselves as to the instance of VAT in respect of any transaction.

Legal Costs - Each party is responsible for their own legal costs and the tenant shall be responsible for lease registration costs and land tax as standard.

Anti Money Laundering Regulations - The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires Bowman Rebecchi to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.

For further information concerning the opportunity, please contact Bowman Rebecchi.