· Former licenced delicatessen/restaurant which formerly traded as the “Buffet Shop”.
· Opportunity to capitalise on long established and reputable trade generated by previous operator.
· Prime location within the town, benefiting from recent public realm works.
· Total NIA of 190.72 sq.m (2,052 sq.ft).
· Patio/ outside seating area, ideal during summer season.
· New Full Repairing and Insuring lease available.
· Rental offers in excess of £25,000 p.a.x. (No VAT)
PROPERTY NOW 'UNDER OFFER'
Location
The subjects are located at the north east corner of Colquhoun Square, between Colquhoun Street to the west and West Princes Street to the south, within the town of Helensburgh in Argyll & Bute.
The subject property is located on the fringe of the town centre.
Neighbouring commercial occupiers include Bank of Scotland, a former nursery, and a gift shop.
Colquhoun Square has recently benefited from a considerable program of public realm works carried out by the Local Authority, which included traffic management and streetscaping improvements.
The immediately surrounding area is mixed in character, predominantly having commercial uses at ground level, with residential or office use above. A typical range of town centre amenities is within easy reach, and the property is adjacent to a main town centre Pay & Display car park.
The town centre is also well represented with licensed leisure premises, including several traditional public house and restaurant premises, many of which are in close proximity to the subjects under report.
Accommodation
DESCRIPTION
The subjects comprise a double retail unit, occupying the entire ground level within a detached two storey and attic property, and extends rearwards into a substantial single storey projection.
The first and attic floor levels above are occupied as a private residential dwelling flat. This is, however, outwith the demise of the subjects.
The façade of the subject property incorporates two single glazed timber framed windows, and a central recessed timber and glazed personnel entrance door as well as a retractable canopy/awning. The windows and door appear to be protected externally by metal security grilles.
The accommodation is laid out to suit its former use as a delicatessen/restaurant, providing the main sales area within the original building at the front, leading rearwards to a further delicatessen (rear sales) area and onwards to a café/dining room within the single storey projection.
The staff toilet incorporates a single WC and wash hand basin. Separate male, female and disabled toilet facilities are located to the rear, within the projection.
A doorway from the café/dining room leads to a small patio which is adjacent to the south gable elevation of the projection. This area can also be accessed from the front of the property. Part of the patio is laid with timber decking and this area is in a courtyard arrangement providing al fresco dining in an enclosed environment.
FLOOR AREAS
According to our calculations, on a Net Internal basis, using measurements taken at the time of our inspection, the subjects provide the following approximate floor areas:-
Front sales area 62.17 sq.m ( 669 sq.ft)
Rear sales area 48.37 sq.m ( 520 sq.ft)
Café/Dining area 43.99 sq.m ( 474 sq.ft)
Kitchen 10.79 sq.m ( 116 sq.ft)
Patrons’ toilets 25.40 sq.m ( 273 sq.ft)
Terms
PROPOSAL
Our clients are seeking to conclude negotiations on the basis of securing a new full repairing and insuring lease for a period of negotiable length, incorporating a standard rent review pattern.
RENT
Rental offers in excess of £25,000 p.a. are invited. Agreement of lease terms will be conditional upon rental deposit, the terms of which will need to be agreed.
V.A.T.
The property is not elected for VAT and accordingly VAT will not be payable on the rental.