14-16 Cumberland Road, Greenock, PA16 0TW
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- PRIME NEW LISTING. Excellent Commercial investment opportunity, located within a prime location in Greenock.
- Prime Opportunity for Commercial investors looking for a turnkey investment producing an excellent yield.
- For rental purposes, the property is currently tenanted at £1,334 per month (£16,015 p/a). This Offers an attractive return on investment at the guide price.
- Property benefits from a fantastic long term tenant in situ and produces excellent cash flow. Property has a rateable value of £4,600 ensuring low overheads.
- Property is ideally situated on a busy main road, benefiting from significant daily footfall and excellent visibility.
Description
- PRIME NEW LISTING. Excellent Commercial investment opportunity, located within a prime location in Greenock.
- Prime Opportunity for Commercial investors looking for a turnkey investment producing an excellent yield.
- For rental purposes, the property is currently tenanted at £1,334 per month (£16,015 p/a). This Offers an attractive return on investment at the guide price.
- Property benefits from a fantastic long term tenant in situ and produces excellent cash flow. Property has a rateable value of £4,600 ensuring low overheads.
- Property is ideally situated on a busy main road, benefiting from significant daily footfall and excellent visibility.
PRIME NEW ENTRY: Fantastic tenanted Commercial Investment Opportunity located within a prime location in Greenock
Property comprises: Service desk, kitchen, WC, office space.
Property is situated in a sought after location benefiting from large daily footfall.
Excellent opportunity. Property is readily let with long term tenant in situ, producing a monthly cash flow of £1,334 (£16,105per annum)
Secure lease in place with 17 years remaining - Next rent review scheduled for 2028
Prime Opportunity for Commercial investors looking for an affordable commercial investment. Excellent yield if achieved for guide price.
**Property has a rateable value of £4,600*
Sure to appeal to investors looking for a high yielding commercial asset.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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, Scotland, is a historic port town on the west coast, about 25 miles from Glasgow, offering stunning views over the Firth of Clyde. Known for its shipbuilding heritage, Greenock has evolved into a well-connected commuter town with excellent rail and road links to Glasgow. Property prices are relatively affordable compared to nearby areas, making it attractive for first-time buyers, investors, and those seeking coastal living. The town benefits from ongoing regeneration projects, good local amenities, and proximity to scenic spots like Loch Lomond and the Argyll coastline, enhancing its appeal for both residents and investors.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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14-16 Cumberland Road, Greenock, PA16 0TW
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About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
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Visit our security centre to find out moreDisclaimer - Property reference 214548785. 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.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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