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Description

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

**SUPER TOWN CENTRE COMMERCIAL INVESTMENT** Large town centre investment (11,314 Sq Ft) in extremely busy location in the centre of Greenock set over 3 floors. Rental Potential of £40,000 per annum.

SUPER SIZE AND LOCATION yards from The Oak mall- Greenock's shopping centre in the heart of Inverclyde's busiest shopping area. EXTREMELY HIGH LEVELS OF PASSING FOOTFALL making it a prime trading spot

Potential for residential development on upper floors with similar building converted locally (subject to planning) Potential for 8 individual dwellings on upper floors. CDV of up to over £600,000.

Ground floor - 2,761 sq ft (256.50 sqm) First floor - 4,306 sq ft (400.00 sqm) Second floor - 4,247 sq ft (394.50 sqm) Total - 11,314 sq ft (1,051.00 sqm). Neighbours- Poundland , M&S & Subway.

Greenock is the largest town in Inverclyde and sits on the coast approx20 miles from Glasgow and 10 miles from Glasgow Airport. The main port in the West of Scotland for International Cruise liners.

**SUPER TOWN CENTRE COMMERCIAL INVESTMENT** Large town centre investment (11,314 Sq Ft) in extremely busy location in the centre of Greenock set over 3 floors. Rental Potential of £40,000 per annum. SUPER SIZE AND LOCATION yards from The Oak mall- Greenock's shopping centre in the heart of Inverclyde's busiest shopping area. EXTREMELY HIGH LEVELS OF PASSING FOOTFALL making it a prime trading spot. The transaction is exempt from VAT. Potential for residential development on upper floors with similar building converted locally (subject to planning) Potential for 8 individual dwellings on upper floors. CDV of up to over £600,000. Ground floor - 2,761 sq ft (256.50 sqm) First floor - 4,306 sq ft (400.00 sqm) Second floor - 4,247 sq ft (394.50 sqm) Total - 11,314 sq ft (1,051.00 sqm). Neighbours include Wilko, M&S & Subway. Greenock is the largest town in Inverclyde and sits on the coast approx20 miles from Glasgow and 10 miles from Glasgow Airport. The main port in the West of Scotland for International Cruise liners.

Greenock is located approximately 20 miles west of Glasgow with a residential population of 45,000 people together with a catchment population of approximately 90,000 people. More specifically the subjects occupy a prime pitch on the west side of West Blackhall Street between its junctions with Argyle Street to the north and Nicolson Street to the south. West Blackhall is an established retail pitch where surrounding occupiers include Paddy Power, Burger King, Greggs and the British Heart Foundation. The entrance to the Oak Mall Shopping centre is a short distance south of the subjects at the foot of West Blackhall Street where occupiers include New Look, Wilko, Marks & Spencer.

Full Address: 35-39 West Blackhall Street, Greenock, PA25 1UT

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Pricing Information & Bidding

Opening Bid: £98,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 09 January 2025, 10am-3pm
Type: Timed Online Auction

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