COMMERCIAL
PRIME NEW LISTING. We are excited to present this unique commercial opportunity located within a prime location in Port Glasgow.
The property comprises three spacious studios, a welcoming hall to the left of the entrance, and two further side rooms. This flexible space also includes a reception area, a well-equipped kitchen, and modern toilet facilities. Entry is from the side of the building, secured with roller shutters for added peace of mind.
Occupants: Boxing Club / Flex UK Studios / Carnage Dance Studio & 2 EMPTY SPACES TO OCCUPY
With a current rental income of £1,550 per month (£18,600 per annum), this property represents an outstanding opportunity for investors seeking substantial returns, boasting an exceptional gross yield.
The property spans an impressive 802 Sq M (8,635 Sq Ft) over both the ground and first floors, providing ample space for various commercial uses.
A fantastic option for commercial investors looking to add a high-yielding opportunity in a prime location to their portfolio, it's a prospect that should not be missed.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area:
**From the Assessor's website, we note the subjects are in the current Valuation Roll with a Rateable Value of £4,800. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.**
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
The purchase of the property is strictly subject to the contents of the Legal Pack. Any bid submitted shall be deemed binding and made in full acceptance of, and compliance with, all terms, conditions, and information contained within the Legal Pack, which is available for inspection upon request.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location
Port Glasgow, a historic town on the west coast of Scotland, is known for its shipbuilding heritage and scenic views of the River Clyde. With excellent transport links and a thriving community, it offers a blend of cultural history and modern conveniences, making it an attractive location for both business and leisure.
1 Chapelton Street, Port Glasgow, PA14 5DF
Guide Price
£125,000
- PROPERTY TYPE
Commercial Property
- SIZE
8,635 sq ft
802 sq m
Key features
- PRIME NEW LISTING. We are excited to present this unique commercial opportunity located within a prime location in Port Glasgow.
- **From the Assessor's website, we note the subjects are in the current Valuation Roll with a Rateable Value of £4,800. The property qualifies for 100% rates relief through the Small Business Bonus
- With a current rental income of £1,550 per month (£18,600 per annum), this property represents an outstanding opportunity for investors seeking substantial returns, boasting an exceptional gross yi
- The property spans an impressive 802 Sq M (8,635 Sq Ft) over both the ground and first floors, providing ample space for various commercial uses.
- A fantastic option for commercial investors looking to add a high-yielding opportunity in a prime location to their portfolio, it's a prospect that should not be missed.
Description
- PRIME NEW LISTING. We are excited to present this unique commercial opportunity located within a prime location in Port Glasgow.
- **From the Assessor's website, we note the subjects are in the current Valuation Roll with a Rateable Value of £4,800. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.**
- With a current rental income of £1,550 per month (£18,600 per annum), this property represents an outstanding opportunity for investors seeking substantial returns, boasting an exceptional gross yield of 14.8%
- The property spans an impressive 802 Sq M (8,635 Sq Ft) over both the ground and first floors, providing ample space for various commercial uses.
- A fantastic option for commercial investors looking to add a high-yielding opportunity in a prime location to their portfolio, it's a prospect that should not be missed.
PRIME NEW LISTING. We are excited to present this unique commercial opportunity located within a prime location in Port Glasgow.
The property comprises three spacious studios, a welcoming hall to the left of the entrance, and two further side rooms. This flexible space also includes a reception area, a well-equipped kitchen, and modern toilet facilities. Entry is from the side of the building, secured with roller shutters for added peace of mind.
Occupants: Boxing Club / Flex UK Studios / Carnage Dance Studio & 2 EMPTY SPACES TO OCCUPY
With a current rental income of £1,550 per month (£18,600 per annum), this property represents an outstanding opportunity for investors seeking substantial returns, boasting an exceptional gross yield.
The property spans an impressive 802 Sq M (8,635 Sq Ft) over both the ground and first floors, providing ample space for various commercial uses.
A fantastic option for commercial investors looking to add a high-yielding opportunity in a prime location to their portfolio, it's a prospect that should not be missed.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area:
**From the Assessor's website, we note the subjects are in the current Valuation Roll with a Rateable Value of £4,800. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.**
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
The purchase of the property is strictly subject to the contents of the Legal Pack. Any bid submitted shall be deemed binding and made in full acceptance of, and compliance with, all terms, conditions, and information contained within the Legal Pack, which is available for inspection upon request.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location
Port Glasgow, a historic town on the west coast of Scotland, is known for its shipbuilding heritage and scenic views of the River Clyde. With excellent transport links and a thriving community, it offers a blend of cultural history and modern conveniences, making it an attractive location for both business and leisure.
1 Chapelton Street, Port Glasgow, PA14 5DF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Port Glasgow Station0.5 miles
- Woodhall Station1.9 miles
- Bogston Station0.4 miles
About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QDIndustry affiliations:
Notes
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Disclaimer - Property reference 224013233. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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