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COMMERCIAL

35a Union Street, Greenock, PA16 8DN

Guide Price
£52,000
Prime Property Auctions (Scotland) Ltd, Glasgow
PROPERTY TYPE

Office

BEDROOMS

3

BATHROOMS

1

SIZE

1,657 sq ft

154 sq m

Key features

  • • PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Greenock.
  • • This property has the potential to demand £20,000 per annum in rental income, offering an impressive 38% yield based on the guide price. It qualifies for 100% rates relief, making it an attracti
  • • Situated in a central and easily accessible area of Greenock, this property is just a short walk from transport links, local amenities, and the commercial heart of the town. Its strategic locatio
  • • The spacious unit boasts a flexible internal layout, perfect for various business applications such as office headquarters, consultancy firms, creative studios, or wellness services. Additionally
  • • The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Description

  • PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Greenock. 

 
  • This property has the potential to demand £20,000 per annum in rental income, offering an impressive 38% yield based on the guide price. It qualifies for 100% rates relief, making it an attractive option for both owner-occupiers and investors.

 
  • Situated in a central and easily accessible area of Greenock, this property is just a short walk from transport links, local amenities, and the commercial heart of the town. Its strategic location enhances its appeal to a wide range of businesses.

 
  • The spacious unit boasts a flexible internal layout, perfect for various business applications such as office headquarters, consultancy firms, creative studios, or wellness services. Additionally, the property holds great potential for residential conversion (subject to necessary planning approvals), drawing interest from developers and investors with the option to divide it into two apartments.

 
  • The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

 

PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Greenock.

 

The property comprises five generously sized offices, a compact yet well-equipped kitchen, and several private storage areas, all designed for diverse configurations or repurposing.

 

This property has the potential to demand £20,000 per annum in rental income, offering an impressive 38% yield based on the guide price. It qualifies for 100% rates relief, making it an attractive option for both owner-occupiers and investors.

 

Situated in a central and easily accessible area of Greenock, this property is just a short walk from transport links, local amenities, and the commercial heart of the town. Its strategic location enhances its appeal to a wide range of businesses.

 

The spacious unit boasts a flexible internal layout, perfect for various business applications such as office headquarters, consultancy firms, creative studios, or wellness services. Additionally, the property holds great potential for residential conversion (subject to necessary planning approvals), drawing interest from developers and investors with the option to divide it into two apartments.

 

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: **Recent sales data unavailable at this time.**

 

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.

 

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

Greenock is a vibrant town nestled on the west coast of Scotland. Known for its rich maritime history, Greenock offers a blend of scenic beauty and urban convenience, with stunning views of the River Clyde, excellent transport links, and a thriving town centre.

35a Union Street, Greenock, PA16 8DN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Greenock West Station0.5 miles
  • Drumfrochar Station0.9 miles
  • Greenock Central Station0.9 miles

About Prime Property Auctions (Scotland) Ltd, Glasgow

100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
Industry affiliations:Industry affiliation logo 0

Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.

Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great tool for property owners who are looking a fast sale for a great price.

We hold several live events online throughout the year. To feature in our upcoming auction get in contact now.

If you are looking for an easy no hassle sale process then look no further than Prime Property Auctions. Our team is ready to help you sell your property FAST for a GREAT PRICE. Get in contact with the team today to request a Free Auction Valuation and discuss how the auction process works. At Prime Property Auctions we pride ourselves on providing unrivalled service where we can have your property sold for a great price as quickly as possible.

Notes

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Disclaimer - Property reference 225952716. 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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