118-126 Cathcart St

A rare opportunity to purchase the freehold of this Mixed-Use Office/Dance studio premises is available located on the second floor of this highly popular commercial property in the heart of Greenock Town Centre.
The subjects provide three studios which are shared with eight individual offices, which have the vast majority of the rear section of the building. The centre and studios overlook Cathcart Street and Duff Street with plenty of natural daylight.
This flexible space also provides a reception area, kitchen, toilet facilities and a changing room and is currently fully let.
Many of the studios are suitable for a range of uses, including fitness and leisure or children's entertainment, and are the ideal starter or development space for business use.
The offices are currently rented at c.£50 per week with the studios being closer to £150 per week. The centre is at full occupancy currently, with the final studio rented out at £17 per hour. Income ranges from £2.5-3k each month.
Entry is from the side of the building, with a door entry system and CCTV in situ as well as a lift to create DDA compliance.
The business centre is open and bright, with our client having owned it for several years and maintained the property superbly well. To the rear is a communal fire exit, leading to the external rear of the building in the case of fire.
Sensibly priced, this unit is likely to appeal to a wide range of occupiers looking for a fantastic investment within Greenock Town Centre.