Investment Opportunity As Tenanted Greenock Unit Comes To Market

Posted on: 12 January 2024

Investment Opportunity As Tenanted Greenock Unit Comes To Market

The freehold of this centrally located mixed-use building in Greenock is available to purchase through Bowman Rebecchi, following the agreement of a new long-term tenant as an Audio Production Studio and Workshop on a new 15-year lease producing £12,500 per annum.

Situated at Inverkip Road in Greenock, the property comprises a detached two-storey masonry building that sits on a large self-contained plot. The roof is pitched and covered in slate tiles.

The lower ground is accessed from the front of the property and is used as a storage/workshop space. The ground floor is accessed via double-leaf timber entrance doors which lead into the reception area.

Off this area are four rooms which vary in size, some of which are interconnected. The solid floor is covered in carpet tiles. The walls are of plaster/paint and the suspended ceiling incorporates fluorescent strip box lighting. Staff welfare facilities are also provided as well as a cleaners cupboard.

The car park is accessed via a gate at the front of the property.

The subjects could easily be reconfigured to split into smaller separate units providing buyers excellent flexibility.

This is a fantastic space for a business to position itself, with property highly popular on the west coast of Scotland. This size of the unit is rarely available to purchase with a tenant already secured, making this a great opportunity for the right buyer. 

The demand to own property in Inverclyde is strong, with this property commanding approximately £12.5k per annum from the tenancy, making this an attractive investment opportunity providing an 11.9% yield.

1 Inverkip Road is inviting offers over £105,000 (excluding VAT, which is not applicable).

Full Details

Virtual Tour

Contact Us

Share:


Recent Articles

1 May 2024

Historic Lindores Manor Hotel For Sale At £350,000

One of Inverclyde's best-known historic buildings which has played a huge role in Greenock's social and industrial development over the years has been put up for sale.  Lindores Manor Hotel is being marketed by Bowman Rebecchi for offers in the region of £350,000. The C-listed...

1 May 2024

Let Agreed For Former Gourock Chip Shop

Bowman Rebecchi is delighted to confirm a new long-term tenant has been secured for this fantastic Class 3 Hot Food takeaway in Gourock. The subjects have recently undergone a transformation following external renovation works to ready for new occupancy and is located directly off of the...

30 April 2024

Dalry Retail Unit Secures New Tenant

Bowman Rebecchi is delighted to confirm a new long-term tenant has been secured for this centrally located retail unit in Dalry Town Centre. Situated on New Street, the property was previously used for document retention, and as such the racking is still in situ. The unit is accessed...

valuation

Get an Commercial Property valuation

Find out how much your property is worth