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14-16 Cumberland Road, Greenock, PA16 0TW

Guide Price

£145,000

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Guide Price

£145,000

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Investment

Commercial

Occupied

14-16 Cumberland Road, Greenock, PA16 0TW

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Tenanted Commercial Investment Opportunity

Description

  • PRIME NEW LISTING. Excellent Commercial investment opportunity, located within a prime location in Greenock. 

  • Prime Opportunity for Commercial investors looking for a turnkey investment producing an excellent yield.

  • For rental purposes, the property is currently tenanted at £1,334 per month (£16,015 p/a). This Offers an attractive return on investment at the guide price. 

  • Property benefits from a fantastic long term tenant in situ and produces excellent cash flow. Property has a rateable value of £4,600 ensuring low overheads.

  • Property is ideally situated on a busy main road, benefiting from significant daily footfall and excellent visibility.

 

 

PRIME NEW ENTRY:Fantastic tenanted Commercial Investment Opportunity located within a prime location in Greenock

 

 Property comprises:  Service desk, kitchen, WC, office space.

 

Property is situated in a sought after location benefiting from large daily footfall.

 

Excellent opportunity. Property is readily let with long term tenant in situ, producing a monthly cash flow of £1,334 (£16,105per annum)

 Secure lease in place with 17 years remaining - Next rent review scheduled for 2028

Prime Opportunity for Commercial investors looking for an affordable commercial investment. Excellent yield if achieved for guide price. 

 

**Property has a rateable value of £4,600*

 

Sure to appeal to investors looking for a high yielding commercial asset.

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.

 

This property is offered at a fantastic price to ensure an Auction sale.

 

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location

 

 

Greenock, Scotland, is a historic port town on the west coast, about 25 miles from Glasgow, offering stunning views over the Firth of Clyde. Known for its shipbuilding heritage, Greenock has evolved into a well-connected commuter town with excellent rail and road links to Glasgow. Property prices are relatively affordable compared to nearby areas, making it attractive for first-time buyers, investors, and those seeking coastal living. The town benefits from ongoing regeneration projects, good local amenities, and proximity to scenic spots like Loch Lomond and the Argyll coastline, enhancing its appeal for both residents and investors.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£20,500

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.