31a West Stewart Street, Greenock

This exceptional retail unit, available on both a freehold and leasehold basis, occupies a prime position in the heart of Greenock Town Centre on West Stewart Street and is exclusively marketed by Bowman Rebecchi – The Home of Property.

Finished to a high standard, the premises feature a bright and spacious open-plan retail area designed to maximise product display and customer engagement. To the rear, the property benefits from a private office, kitchen facilities, staff welfare amenities, and a versatile treatment room with ample space to accommodate a full-size treatment bed.

Offering flexibility for a wide range of retail, beauty, wellness, office, or service-based businesses, the property enjoys an excellent location within easy walking distance of the Oak Mall Shopping Centre, Greenock Bus Station, and Greenock Ocean Terminal. The terminal welcomes approximately 150,000 cruise passengers and crew each summer, providing a valuable source of seasonal footfall.

Positioned as the prominent end retail unit on West Stewart Street, the property also benefits from close proximity to Jamaica Street and West Blackhall Street, placing it just a five-minute walk from Greenock's principal retail district.

The surrounding area is home to a diverse mix of established businesses, including hair and beauty salons, cafés, restaurants, takeaways, fashion retailers, gift shops, and Aldi, creating a vibrant commercial environment that attracts regular pedestrian traffic.

The premises provide a comfortable and professional working environment, complete with fully serviced gas central heating, making it ready for immediate occupation.

Combining excellent visibility, strong passing footfall, and a highly accessible town centre location, this is an outstanding opportunity for businesses seeking to establish or expand their presence in one of Greenock's busiest commercial areas.

VIEWING

Viewings can be arranged by appointment with Bowman Rebecchi Commercial. 

SAT NAV DIRECTIONS

The postcode for the property is PA15 1SH and sits on the corner of West Stewart Street and Jamaica Street.

INVESTMENT

The demand to own property in Inverclyde is strong, with this property likely to command approximately £7.2k per annum from a new tenancy, making this an attractive investment opportunity providing a 10.6% yield.

Demand is high for commercial units in Greenock and Inverclyde and it is rare for a property like this to come to market.

RENTAL

The subjects are also available to let for £600 pcm on a Fully Repairing and Insuring Lease.

A CENTRAL LOCATION WITH GREAT ACCESSIBILITY

The subjects are located on West Stewart Street, located just a one-minute walk from Greenock Bus Station, with buses headed west and centrally on its doorstep.

The premises are also a two-minute walk to Greenock's principal retail area of the town, the Oak Mall, and West Blackhall Street.

Other enterprises located nearby include B&M, The Range, Ardgowan Hospice, convenience stores, cafes, hairdressers, restaurants, takeaways, clothing stores, and gift stores.

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.

On-street parking is available within the vicinity, with a new Inverclyde Council car park on Jamaica street providing all-day parking for £2 just a 2-minute walk away.

A HISTORIC TOWN

Greenock is located approximately 20 miles west of Glasgow with a residential population of over 50,000 persons and a core catchment population of approximately 270,000 persons.

With a rich maritime heritage, the town is looking again to the River Clyde to support its future growth, with Greenock Ocean Terminal developing a new pontoon and visitor centre to support its 140,000 cruise liner passengers per annum.

Greenock benefits from excellent road links and is accessed via junction 31 of the M8 motorway with direct links to Glasgow Airport (a 25-minute drive) via the A8 and Ayrshire via the A78.

MEASUREMENTS 

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

42 sq m | 450 sq ft

CLASS USE

Class Use 1A

TERMS

Rates - From the Assessor’s website, the property had a Rateable Value of £6,000. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.

EPC - A copy of the Energy Performance Certificate is available upon request.

Price - Our client is seeking offers in the region of £67,500 exclusive of VAT for their Heritable interest.

Terms - Each party is to be responsible for its legal costs and outlays, including VAT incurred.

Anti-Money Laundering - To comply with anti-money laundering legislation, the successful tenant will be required to provide certain identification documents.

For further information, please contact Bowman Rebecchi.