Cafe/shop With Residential Flat For Sale – Kilmacolm

Offers over £320,000

Full Description

Address

1 Burnside Place, Kilmacolm, PA13 4ET

DESCRIPTION

The subjects comprise an end terraced property formed over two storeys, basement and attic. The building is of traditional stone construction surmounted by a timber framed and pitched roof overlaid in slate.

Internally the subjects provide the following:

Basement: Two large storage areas, two smaller storage areas, laundry room and w.c.

Ground Floor: Cafe with seating area, kitchen and serving area along with retail shop.

First Floor: Good sized two bed residential flat, kitchen/diner, living room and bathroom.

Attic: Large floored storage area.

Externally the property benefits from a good sized garage and rear courtyard garden.

The property would be well suited for subdivision which could offer an investor multiple revenue streams. Alternatively the property is well suited for redevelopment into a residential use (subject to local authority consents).

PROPOSAL

Offers over £320,000 are invited for the Heritable (freehold) interest.

FLOOR AREAS

From sizes taken during our inspection we calculate the subject property, measured in accordance with the RICS Code of Measurement Practice (second edition, January 2018) to extend to the following approximate gross internal area (GIA):

Garage 34.8m²/375ft²

Basement 63.1m²/679ft²

Ground Floor 74.1m²/798ft²

First Floor 82.3m²/886ft²

Attic 34.2m²/368ft²

Total 288.5m²/3,105ft²

PLANNING

All queries in relation to redevelopment/ reconfiguration of the subjects should be addressed to Inverclyde Council Planning Department.

CLOSING DATE

A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to sell the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale of the property.

VAT

All prices, premiums and rents quoted are exclusive of VAT.

RATING

Rateable value £11,500.

EPC

G.

Key Features

  • OFFERS OVER £320,000
  • FULLY FITTED CAFE AND SHOP
  • CAFE, SHOP & BASEMENT – 1,477 FT²
  • FIRST FLOOR TWO BED FLAT – 1,254 FT²
  • GARAGE AND GARDEN
  • 100% RATES RELIEF (SUBJECT TO QUALIFICATION)
  • GOOD LEVELS OF NEARBY PARKING
  • HIGH LEVELS OF PASSING TRADE

Location Information

Kilmacolm is a village and civil parish in the Inverclyde council area, and the historic county of Renfrewshire in the west central Lowlands of Scotland. Kilmacolm is located 15 miles west of the City of Glasgow with a population of around 4,000.
The subjects are located on the western side of Port Glasgow Road at its junction with Market Place and Smithy Brae. Port Glasgow Road the A761 forms the main arterial road through the town and as such benefits from a high level of passing trade.
The subjects are well located for use as a cafe being in the heart of Kilmacolm with good levels of nearby parking.

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