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14-26 Cumberland Rd 809 SF Retail Condo Unit Offered at $193,529 in Greenock PA16 0TW

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INVESTMENT HIGHLIGHTS

  • Excellent Commercial investment opportunity, located within a prime location in Greenock
  • For rental purposes, the property is currently tenanted at £1,334 per month (£16,015 p/a)
  • Prime Opportunity for Commercial investors looking for a turnkey investment producing an excellent yield

EXECUTIVE SUMMARY

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 is ideally situated on a busy main road, benefiting from significant daily footfall and excellent visibility.

PROPERTY FACTS

Total Building Size 4,047 SF
Property Type Retail (Condo)
Building Class C
Floors 1
Typical Floor Size 4,047 SF
Year Built 1960
Lot Size 0.11 AC

AMENITIES

  • 24 Hour Access

1 UNIT AVAILABLE

Unit 14-16

Unit Size 809 SF
Price $193,529
Price Per SF $239.22
Condo Use Retail
Sale Type Investment
Tenure Freehold
Sale Conditions Auction Sale
DESCRIPTION

Property comprises:  Service desk, kitchen, WC, office space.

SALE NOTES

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.

Secure lease in place with 17 years remaining - Next rent review scheduled for 2028

Property is situated in a sought after location benefiting from large daily footfall.

NEARBY MAJOR RETAILERS

Costcutter
Morrisons
  • Listing ID: 34998263

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 14-26 Cumberland Rd, Greenock PA16 0TW

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