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Commercial property with rental potential

Greenock, PA15 - Get Access

Description

PRIME INVESTMENT comprising 1,367 sq ft commercial premises. Fully fitted Hot food take away premises with rental potential of £20,000pa. Previously sold for £250,000. The Net Internal Area is 127 Sq.m (1,367 Sq.Ft), providing a large main floor. The premises are wheelchair friendly, with a ramp to enable access at the front and rear exits. This outstanding double retail unit is situated in the heart of Greenock town centre, providing high-visibility and a captive footfall on Kilblain Street as part of The Stewart Centre at Greenock Bus Station. The property has been refurbished by the tenant to include plastered and painted walls with new floor coverings, with the added benefit of an air conditioning system. Lighting is provided by L.E.D. The property is located on Kilblain Street, just a one-minute walk from Greenock Bus Station and with buses headed across the west coast of Scotland on its doorstep. The premises are also a two-minute walk to Greenock's principal retail area of the town, the Oak Mall and West Blackhall Street. Other enterprises located nearby include B&M, The Range, Ardgowan Hospice, convenience stores, cafes, hairdressers, restaurants, takeaways, clothing stores and gift stores. This is a well-connected business hub, with Greenock West train station only a five minutes walk as well as connecting ferry services to Argyll and Bute a ten minutes drive. There are bus stops adjacent to the property also to Glasgow, Gourock and North Ayrshire with on-street parking within the vicinity. The auction details are: Opening Bid £57,000, Auction Starts-Ends 01 October 2026, 10am-3pm. Terms and Conditions: 10% Deposit (Minimum £3,000), Standard Completion (Unless specified differently in any Special Conditions of Sale), Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat). Buy Now Price = £110,000.
Comparable sales
Flat 1c, 36, Nicolson Street, PA15 1UL 0.0 mi
Flat
£22,500
1 year ago
2, Sir Michael Street, PA15 1PH 0.0 mi
Flat
£18,500
10 months ago
2, Sir Michael Street, PA15 1PH 0.0 mi
Flat
£39,999
7 months ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,367 sq ft (Listing)

This commercial retail and hot food investment spans 1,367 sq ft in the heart of Greenock town centre. The property is in good, tenant-refurbished condition featuring modern flooring, air conditioning, and a fully equipped commercial kitchen. Floor area is confirmed at 1,367 sq ft (127 sq m) from valuation and listing records.

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