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Offices Suitable For Residential Conversion, 40 West Blackhall Street, Greenock, PA15 1UY

not specified / Offices

For Sale - £28,000.00

Available - Last updated: 22 January 2024

Property comprises of a first-floor premises accessed through a secure door entry system. The property comprises of a spacious open work space, 2 large offices, skylights along a walkway, a large kitchen and 2 bathrooms to the rear.

Huge potential to be converted into a 2 or 3 bedroom flat, subject to gaining necessary planning permission or kept as an office space in prime central location. Current rateable value is £7,100 which qualifies for 100% BUSINESS RATES RELIEF.

Property once converted (subject to gaining necessary planning permission) could achieve £500/month in rent, providing an exceptional investment opportunity for a shrewd investor. This gives the property a massive 15% Yield based on a Guide Price of £40,000 - PRICED TO SELL. 

Property benefits from Gas central heating and double glazing which future proofs against incoming energy efficiency legislation.

Location

West Blackhall Street is a bustling hub of commercial activity in Greenock, Scotland. The street is characterized by its high footfall, with many people visiting the area to take advantage of its various shops, cafes, and other amenities. The street is home to a variety of businesses, including local shops, cafes, restaurants, and other service providers. This mix of commercial activity, combined with its central location, makes Nicholson Street a popular destination for both locals and visitors to the area. Whether you're looking to do some shopping, grab a bite to eat, or simply enjoy a stroll, Nicholson Street is a vibrant and bustling part of Greenock that is well worth a visit.

Accommodation

2 Large Offices.

Terms

Guide Price - £28,000

Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.

Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.

Specification

  • Property once converted (subject to gaining necessary planning permission) could achieve £500/month in rent, providing an exceptional investment opportunity for a shrewd investor. This gives the property a massive 15% Yield based on a Guide Price of £40,000 - PRICED TO SELL.
  • Sure to appeal to shrewd developer looking for a great opportunity or an owner occupier looking for an excellent commercial premises. 
  • Property benefits from Gas central heating and double glazing which future proofs against incoming energy efficiency legislation.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £28,000.00 NA

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Contact agents

John Morris & Luis Guarin

Prime Property Auctions

0141 538 0212

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