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West Blackhall Street, Greenock, Inverclyde, PA15

Offers in Region of
£175,000

£15.47 per sq ft

Business rates & charges may apply

Lemon & Lime Property Ltd, Glasgow
SIZE AVAILABLE

11,314 sq ft

1,051 sq m

SECTOR

Commercial property for sale

Key features

  • Premium town centre location
  • Busy passing trade
  • Large unit set over 3 levels
  • Potential for residential conversion (STP)
  • Potential substantial rental yield

Description

Lemon & Lime Property are pleased to offer this large vacant commercial unit circa 11,314sq. ft., in prime town centre location. Estimated end-market rental potential in the region of £40,000 per annum - incredible potential yield. Potential for conversion of upper floors to residential dwellings (STP).

Lemon & Lime Property are delighted to present this vast commercial unit, situated on a busy street in Greenock town centre. The property is nearby the Oak Mall shopping centre - one of Inverclyde's busiest shopping areas, with high daily foot traffic.

Set over 3 floors, the unit is circa 11,314sq. ft. with rental potential in the region of £40,000 per annum. There is also potential to convert the upper floors to residential dwellings (subject to planning) as similar properties nearby have been.

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).

- Large commercial unit set over 3 floors
- Prime town centre location
- Estimated rental potential of around £40,000 pa
- Potential to convert upper floors to residential dwelling (STP)

Greenock is the largest town in Inverclyde and approximately 20 miles from Glasgow, making it a popular commuter town. With a population of roughly 45,000 people, there is high demand for residential property and commercial premises.

The transaction will be subject to VAT at the current rate.

West Blackhall Street, Greenock, Inverclyde, PA15

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Greenock West Station0.3 miles
  • Greenock Central Station0.5 miles
  • Drumfrochar Station0.8 miles

About Lemon & Lime Property Ltd, Glasgow

272 Bath Street, Glasgow, G2 4JR

Notes

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