Tenanted Commercial LOT 149

6 Kilblain Street, Greenock, PA15 1SR
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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

INCOME PRODUCING INVESTMENT achieving £9,000 per annum. Double fronted Freehold commercial premises located within the centre of Greenock facing B&M home store. Next door to popular butcher's.

COMPRISES: Main entrance into shop floor. Service area. Rear storage room. Electrics cupboard. Toilets and kitchen facilities. Secured with metal roller shutters to the front window and over the door.

Trading under (Greenock Recovery) with rental income agreed at £9,000 per annum. Rent increase 15th January 2026 £12,000 per annum. Busy trading location with parking and aspects onto bus stance.

Rateable Value - £11,750 per annum. Full rate relief under small business scheme available. Also, due to charitable status reductions available. Mains electric and water connections. Customer parking.

The town of Greenock has a wide range of local amenities including high-street shopping with several supermarkets. This property is located within one of the town's recognised shopping precincts.

INCOME PRODUCING INVESTMENT achieving £9,000 per annum. Double fronted Freehold commercial premises located within the centre of Greenock facing B&M home store. Next door to popular butcher's. Net Area: 52.86m2 - 568.98 Sq. Ft. COMPRISES: Main entrance into shop floor. Service area. Rear storage room. Electrics cupboard. Toilets and kitchen facilities. Secured with metal roller shutters to the front window and over the door. Rateable Value - £11,750 per annum. Full rate relief under small business scheme available. Also, due to charitable status reductions available. Mains electric and water connections. Customer parking.

Greenock is situated approximately 23 miles west of Glasgow with a resident population of approximately 50,000. Greenock is a historic town set upon the banks of the River Clyde world renowned for shipping, sea faring mariners and of course its ship yards and nautical endeavours of yester year. Now it is a vibrant west coast town close to numerous centres of commerce and industry whether it be the Ayrshire coast or indeed Glasgow. Easy access across Scotland towards Edinburgh, the Highlands and further afield via excellent roads, including the M8 Motorway network and ferries at Gourock and Wemyss Bay. Greenock has a wide range of local amenities including high-street shopping with several supermarkets. There is established schooling at both primary and secondary levels. Other amenities include several play parks, sports centres and 'The Waterfront Centre' with swimming pool, ice rink and gym. There are a range of golf clubs within the local area, modern yacht marinas in Greenock, Largs, Troon and Inverkip.

Full Address: 6 Kilblain Street, Greenock, PA15 1SR

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 03/03/2025
Rent: £9,000 per year / £750 per month
Yield: 17% (approx)
Tenant: Private Individual
Notes: Held on F.R.I Lease Greenock Recovery Alcohol Support Expiring January 2027 Passing Rent: £9,000p.a.x Fixed Increase To £12,000p.a.x

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Pricing Information & Bidding

Guide Price: £65,000


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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

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Auction Details

Date & Time: 25 July 2025, 12pm
Type: Deadline for Offers

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