Vacant commercial unit circa 1,286sqft. Ideal town centre location, with estimated potential rental value of £1,000pcm. Outstanding yield of 22.2% at Guide Price. Fantastic for commercial investor or owner-occupier.
Online Property Auctions Scotland are delighted to present this substantially sized, well-located, vacant commercial unit in Greenock town centre - suited to a wide variety of purposes.
The property comprises a ground and first floor retail unit, with a glazed frontage and security roller shutters. The unit consists of a ground floor split-level retail area, with storage, kitchenette and W/C facilities upstairs.
The property is situated in the main retain area of Greenock, with high levels of foot-traffic and nearby car-parking.
Nearby sales include:
- 20-24 West Blackhall Street - Sold for £235,000 May 17
- 26 West Blackhall Street - Sold for £290,000 Aug 09
- 30 West Blackhall Street - Sold for £425,000 Mar 07
Greenock is the largest town in Inverclyde and approximately 20 miles from Glasgow, making it a popular commuter town. With a population of roughly 45,000 people, there is high demand for residential property and commercial premises.
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This property is elected for VAT.