PRIME NEW LISTING. We are excited to present this unique commercial opportunity located within a prime location in Port Glasgow.
A fantastic option for commercial investors looking to add a high-yielding opportunity in a prime location to their portfolio, it's a prospect that should not be missed.
Occupants: Boxing Club / Flex UK Studios / Carnage Dance Studio & 2 EMPTY SPACES TO OCCUPY.
Location
Port Glasgow, a historic town on the west coast of Scotland, is known for its shipbuilding heritage and scenic views of the River Clyde. With excellent transport links and a thriving community, it offers a blend of cultural history and modern conveniences, making it an attractive location for both business and leisure.
Accommodation
The property spans an impressive 802 Sq M (8,635 Sq Ft) over both the ground and first floors, providing ample space for various commercial uses.
The property comprises three spacious studios, a welcoming hall to the left of the entrance, and two further side rooms. This flexible space also includes a reception area, a well-equipped kitchen, and modern toilet facilities. Entry is from the side of the building, secured with roller shutters for added peace of mind.
Terms
Guide Price - £125,000
From the Assessor’s website, we note the subjects are in the current Valuation Roll with a Rateable Value of £4,800. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.
With a current rental income of £1,550 per month (£18,600 per annum), this property represents an outstanding opportunity for investors seeking substantial returns, boasting an exceptional gross yield of 14.8%
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.