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Description

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

PRIME INVESTMENT OPPORTUNITY*** Unique Radio/Telecoms mast and cabin on site. Situated in a fantastic scenic location with superb panoramic sea and mountain views.

LET at £6,000 P/A on an OFCOM regulated 7 year lease to local broadcasting company, renewable for a further 7 years. Further opportunity for other telecom/broadcasting companies to take space on mast.

Mast is 43m tall, and has recently passed it's annual safety inspection. Power and telecoms on site. A planning application has been submitted for a new security fence to surround the site.

Site is accessed via a single track from Beith Road via Greenock Whinhill Golf Club car park. The site is of regular shape and extends to approx. 0.01 hectares (0 03 acres) and includes a radio mast.

The site is set within the town of Greenock which together with the towns of Port Glasgow and Gourock form the Inverclyde Region with a population of around 74,000.

PRIME INVESTMENT OPPORTUNITY*** Unique Radio/Telecoms mast and cabin on site. Situated in a fantastic scenic location with superb panoramic sea and mountain views. Currently LET at £6,000 Per Annum on an OFCOM regulated 7 year lease to local broadcasting company, renewable for a further 7 years. SUPER return on investment. Further opportunity for other telecom/broadcasting companies to take space on mast. Mast is 43m tall, and has recently passed it's annual safety inspection. Power and telecoms on site. A planning application has been submitted for a new security fence to surround the site. The site is accessed via a single track from Beith Road via Greenock Whinhill Golf Club car park. Rateable Value - The site has a current rateable value of £12,000. The site is of regular shape and extends to approximately 0.01 hectares (0 03 acres) and includes a radio mast erected on a concrete base. The site is set within the town of Greenock which together with the towns of Port Glasgow and Gourock form the Inverclyde Region with a population of around 74,000. A wide range of services and facilities are available within Greenock with retailing focussed in both the town centre and nearby retail park. The town also benefits from a main line railway station and is located on the M8 motorway being approximately 30 minutes journey time from Glasgow city centre. More specifically the subjects are located to the south of the town accessed from Beith Road adjacent to Whinhill Golf Club.

The site is set within the the town of Greenock which together with the towns of Port Glasgow and Gourock form the Inverclyde Region with a population of around 74,000. A wide range of services and facilities are available within Greenock with retailing focussed in both the town centre and nearby retail park The town also benefits from a main line railway station and is located on the M8 motorway being approximately 30 minutes journey time from Glasgow city centre. More specifically the subjects are located to the south of the town accessed from Beith Road adjacent to Whinhill Golf Club.

Full Address:  Whinhill Radio Mast Site, Beith Road, Greenock, PA16 9LN

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Map & Location

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Tenancy Details

Type of Agreement:
Length:
Rent: £6,000 per year / £500 per month
Yield: 24% (approx)
Tenant: Private Individual
Notes: OFCOM regulated 7 year lease to local broadcasting company, renewable for a further 7 years.

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Pricing Information & Bidding

Opening Bid: £25,000

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Terms of Sale

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

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Auction Details

Date & Time: 03 April 2025, 10am-3pm
Type: Timed Online Auction

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