35a Union Street, Greenock, PA16 8DN

Description

• PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Greenock. 

• This property has the potential to demand £20,000 per annum in rental income, offering an impressive 38% yield based on the guide price. It qualifies for 100% rates relief, making it an attractive option for both owner-occupiers and investors.

• Situated in a central and easily accessible area of Greenock, this property is just a short walk from transport links, local amenities, and the commercial heart of the town. Its strategic location enhances its appeal to a wide range of businesses.

• The spacious unit boasts a flexible internal layout, perfect for various business applications such as office headquarters, consultancy firms, creative studios, or wellness services. Additionally, the property holds great potential for residential conversion (subject to necessary planning approvals), drawing interest from developers and investors with the option to divide it into two apartments.

• The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Greenock.

The property comprises five generously sized offices, a compact yet well-equipped kitchen, and several private storage areas, all designed for diverse configurations or repurposing.

This property has the potential to demand £20,000 per annum in rental income, offering an impressive 38% yield based on the guide price. It qualifies for 100% rates relief, making it an attractive option for both owner-occupiers and investors.

Situated in a central and easily accessible area of Greenock, this property is just a short walk from transport links, local amenities, and the commercial heart of the town. Its strategic location enhances its appeal to a wide range of businesses.

The spacious unit boasts a flexible internal layout, perfect for various business applications such as office headquarters, consultancy firms, creative studios, or wellness services. Additionally, the property holds great potential for residential conversion (subject to necessary planning approvals), drawing interest from developers and investors with the option to divide it into two apartments.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:**Recent sales data unavailable at this time.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” 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 is a vibrant town nestled on the west coast of Scotland. Known for its rich maritime history, Greenock offers a blend of scenic beauty and urban convenience, with stunning views of the River Clyde, excellent transport links, and a thriving town centre.

Map

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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.