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FOR SALE BY ONLINE AUCTION 25TH JULY 2024, 26 West Blackhall Street, Greenock, PA15 1UE

not specified / Other

For Sale - £54,000.00

Available - Last updated: 16 July 2024

26 WEST BLACKHALL STREET, GREENOCK
 
· Fabulous Opportunity to acquire a Self-contained 2 storey Duplex Commercial unit in Prime Central Location within Greenock*** Ideal Size of Unit: Circa 1286 Sq ft***Perfect For potential change of use to Hot Food consent***Attractive Lot Size***
 
· Great location with a High level of passing footfall*** Was historically Sold for £290,000*** MASSIVE PRICE REDUCTION: MUST BE SOLD:*** VACANT POSESSION*** Perfect Asset Management property*** Low Rateable Value: Small business rates relief apply***
 
· ***HISTORIC SALES***30 West Blackhall St Sold £425k**30-32 West Blackhall St Unit 1 Sold £440k**56 West Blackhall St Sold £125k** 2 West Blackhall St Sold £230k** HISTORICALLY EPICENTRE OF GREENOCK’S Vibrant town Centre***
 
· This highly-visible retail shop is available to purchase at the heart of one of Greenock town centre's busiest areas in West Blackhall Street, offering high footfall from both locals and tourists***Inverclyde Council spending Millions of Pounds regenerating West Blackhall Street***
 
· The subjects offer a range of opportunities for Property Investors with Vision*** Property within close walking distance of Greenock's Oak Mall and Greenock Ocean Terminal, where 150k visitors and crew land every summer from cruise liners
 
***VERY ATTRACTIVE*** Discounted opportunity to acquire a vacant commercial unit in popular central location in Greenock Town Centre*** The subjects comprise a self contained duplex retail unit contained*** Potential to Re-develop and add value*** Ideal asset management Opportunity***The potential rent for this property is estimated at £900 pcm: £10,800 per annum*** This would be a 20% RENTAL RETURN AT the Guide Price*** The subjects comprise a mid-terraced ground and first floor retail unit. The subjects benefit from an attractive full height glazed frontage with security roller shutters. Internally, the subjects comprise a split-level retail area at ground floor level. Ancillary storage, a small tea prep and WC facilities are situated on the first floor. The main retail area benefits from a laminate floor covering and suspended acoustic tile ceilings with recessed fluorescent lighting and spot lighting throughout. The property is elected for vat. ***The subjects offer a range of opportunities for new occupants all within close walking distance of Greenock's Oak Mall and Greenock Ocean Terminal, where 150k visitors and crew land every summer from cruise liners. The property is located on West Blackhall Street, located just a four-minute walk from Greenock's principal retail area of the town, the Oak Mall. Greenock is situated on the Firth of Clyde and is the principal town within the Inverclyde Council Area with a resident population of approximately 45,000. The town has a wide range of services and facilities and enjoys good public transport links via Greenock Central and Greenock West Train Stations. Furthermore, the town benefits from excellent road links via the A8 leading to the M8 Motorway.***EXCELLENT ASSET MANAGEMENT OPPORTUNITY***
 
GUIDE PRICE: £54,000
 
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Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm. All prices quoted are exclusive of VAT.
 
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £54,000.00 NA

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