69-71 West Blackall Street Greenock Scotland PA15 1XE

  • 69-71 West Blackall Street<br>Greenock<br>Scotland<br>PA15 1XE

69-71 West Blackall Street
Greenock
Scotland
PA15 1XE

Heritable Retail Investment

  • Let to British Heart Foundation
  • Extended 5 year lease from February 2025 (subject to option)
  • Large shop - 609.00 sq m (6,555 sq ft)
  • Includes large customer car park at the rear
  • Nearby occupiers include Sports Direct, Farmfoods, Halfords, Aldi, Betfred and Virgin Money
  • Lot
    42
  • Auction
    27th March 2025
  • Rent
    £27,500 per Annum Exclusive
  • Status
    Available
  • Guide*
    £200,000+
  • Auction Venue
    Live Streamed Auction
  • Octopus Bridging Loan for Buyers
    Not available
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Heritable Retail Investment

  • Let to British Heart Foundation
  • Extended 5 year lease from February 2025 (subject to option)
  • Large shop - 609.00 sq m (6,555 sq ft)
  • Includes large customer car park at the rear
  • Nearby occupiers include Sports Direct, Farmfoods, Halfords, Aldi, Betfred and Virgin Money
  • Lot 42
  • Auction 27th March 2025
  • Rent £27,500 per Annum Exclusive
  • Status Available
  • Guide* £200,000+
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
22 miles west of Glasgow
Roads
A8, A78
Rail
Greenock Central, Greenock West (31 minutes to Glasgow Central)
Air
Glasgow International Airport
Situation

The property is situated in the prime shopping pitch within Greenock town centre on the eastern side of West Blackhall Street, close to the Oakmall Shopping Centre and Greenock West and Greenock Central railway stations. Nearby occupiers include Sports Direct, Farmfoods, Halfords, Aldi, Betfred and Virgin Money.

Tenure

Heritable. (Scottish equivalent of English Freehold)

Location
Miles
22 miles west of Glasgow
Roads
A8, A78
Rail
Greenock Central, Greenock West (31 minutes to Glasgow Central)
Air
Glasgow International Airport
Situation

The property is situated in the prime shopping pitch within Greenock town centre on the eastern side of West Blackhall Street, close to the Oakmall Shopping Centre and Greenock West and Greenock Central railway stations. Nearby occupiers include Sports Direct, Farmfoods, Halfords, Aldi, Betfred and Virgin Money.

Tenure

Heritable. (Scottish equivalent of English Freehold)

Description

The property comprises a substantial ground floor shop, forming part of a larger building and benefits from a large customer car park to the rear.

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

EPC

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

Description

The property comprises a substantial ground floor shop, forming part of a larger building and benefits from a large customer car park to the rear.

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

EPC

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

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
(3)
Floor Areas
Approx sq ft
(3)
Tenant Term Rent p.a.x.
Ground Retail
609.00
(6,555)
BRITISH HEART FOUNDATION
(1)
5 years from 01/02/2025
(2)
£27,500
Total  
609.00
(6,555)
   
£27,500

(1) The British Heart Foundation is a cardiovascular research charity that funds medical research related to heart and circulatory diseases and their risk factors, and runs influencing work aimed at shaping public policy and raising awareness. They have been established since 1961 and trade from over 600 stores across the UK (www.bhf.org.uk).
(2) The lease provides for a tenant option to determine on 01/02/2028.
(3) The floor areas stated above are those published by the Scottish Assessors Association (www.saa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Burness Paull LLP 31 York Street
Glasgow
G2 8AS
Graeme Bradshaw 0141 273 6976graeme.bradshaw@burnesspaull.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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