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Cathcart House 6 Cathcart Sq 15,324 SF 100% Leased Office Building Greenock PA15 1LS $750,168 CAD ($48.95 CAD/SF)



INVESTMENT HIGHLIGHTS
- Situated at the heart of Greenock town centre
- Subjects offer both cellular and open-plan accommodation
- Space suitable for a range of commercial uses
EXECUTIVE SUMMARY
The historic Cathcart House at Cowan's Corner in Greenock is set across five storeys and is a Grade B listed building available to purchase at the heart of Greenock town centre.
Formerly offices, the site would be suitable for a range of alternative uses including hotel, gym, café, restaurant, serviced offices and residential (subject to planning). Consideration would be given to letting the property on a floor-by-floor basis. The owner has recently secured Class 3 consent over the ground floor and basement.
Internally, the subjects currently offer flexible floor-plates and currently provide a mixture of cellular and open-plan accommodation with the ability to be made completely open-plan. The owner has invested heavily in preparing the ground floor and also in replacing the windows throughout the building.
A passenger staircase and single lift provide access to the upper floors. Suspended ceilings are found throughout with recessed lighting units whilst heating is provided via wall mounted gas fired radiator units.
Formerly offices, the site would be suitable for a range of alternative uses including hotel, gym, café, restaurant, serviced offices and residential (subject to planning). Consideration would be given to letting the property on a floor-by-floor basis. The owner has recently secured Class 3 consent over the ground floor and basement.
Internally, the subjects currently offer flexible floor-plates and currently provide a mixture of cellular and open-plan accommodation with the ability to be made completely open-plan. The owner has invested heavily in preparing the ground floor and also in replacing the windows throughout the building.
A passenger staircase and single lift provide access to the upper floors. Suspended ceilings are found throughout with recessed lighting units whilst heating is provided via wall mounted gas fired radiator units.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office/Residential
Building Size
15,324 SF
Building Class
C
Year Built
1850
Price
$750,168 CAD
Price Per SF
$48.95 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
2,500 SF
Building FAR
0.88
Lot Size
0.40 AC
AMENITIES
- Energy Performance Rating - C
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Cathcart House | 6 Cathcart Sq
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