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Description

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

INCOME PRODUCING INVESTMENT***Supersized ground floor commercial property 609.00 sq m (6,555 sq f) let to British Heart Foundation producing £27,500 per annum located in Greenock town centre

Let to British Heart Foundation Extended 5 year lease from February 2025 (subject to option) Rent: £27,500 per annum

The property extends to the following gross internal area; 609.00 sq m (6,555 sq ft) Includes large customer car park at the rear

Located on the prime shopping pitch within the town centre. Comprises a substantial ground floor shop, forming part of a larger building and benefits from a large customer car park to the rear.

PRIME LOCATION Greenock town centre. Nearby occupiers include Sports Direct, Farmfoods, Halfords, Aldi, Betfred and Virgin Money.

INCOME PRODUCING INVESTMENT***Supersized ground floor commercial property 609.00 sq m (6,555 sq f) let to British Heart Foundation producing £27,500 per annum located in Greenock town centre Let to British Heart Foundation Extended 5 year lease from February 2025 (subject to option) Rent: £27,500 per annum The property extends to the following gross internal area; 609.00 sq m (6,555 sq ft) Includes large customer car park at the rear Located on the prime shopping pitch within the town centre. Comprises a substantial ground floor shop, forming part of a larger building and benefits from a large customer car park to the rear. PRIME LOCATION Greenock town centre. Nearby occupiers include Sports Direct, Farmfoods, Halfords, Aldi, Betfred and Virgin Money.

West Blackhall Street is one of the main commercial streets in Greenock, Inverclyde. It is a bustling area filled with shops, restaurants, and essential services, running through the heart of the town. Greenock is a coastal town in Inverclyde, Scotland, located on the south bank of the River Clyde, about 25 miles west of Glasgow. It has a rich maritime history, stunning waterfront views, and a mix of shopping, dining, and cultural attractions.

Full Address: 69-71 West Blackall Street, Let British Heart Foundation, Greenock, PA15 1XE

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 5 Years
Rent: £27,500 per year / £2,292 per month
Yield: 14% (approx)
Tenant: Company
Notes: Let to British Heart Foundation Extended 5 year lease from February 2025 (subject to option) Rent: £27,500 per annum

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Pricing Information & Bidding

Opening Bid: £195,000

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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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

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

Date & Time: 17 April 2025, 10am-3pm
Type: Timed Online Auction

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