Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
INCOME PRODUCING INVESTMENT let £5,200pa until 2030*** Located in prime spot adjacent to the Oak Mall shopping centre. 521 Sq.Ft commercial premises with open plan space and staff welfare facilities.
Lease start date: 10th October 2025
Lease termination: 10th October 2030
Tenant break clause: 10th October 2028
Deposit held: £1,300
Prime trading location next door to Lloyds Pharmacy.
Self contained commercial premises with roller shutter access. Freehold sale. EXTREMELY HIGH LEVELS OF PASSING FOOTFALL NEAR TO Greenock bus station and a 3 minute walk from the Oak Mall shopping.
Greenock is the largest town in Inverclyde and sits on the coast approx20 miles from Glasgow and 10 miles from Glasgow Airport. The main port in the West of Scotland for International Cruise liners.
The town of Greenock has a wide range of local amenities including high-street shopping with several supermarkets. This property is located within one of the town's recognised shopping precincts.
INCOME PRODUCING INVESTMENT*** Located in prime spot adjacent to the Oak Mall shopping centre. 521 Sq.Ft commercial premises with open plan space and staff welfare facilities.
Lease start date: 10th October 2025
Lease termination: 10th October 2030
Tenant break clause: 10th October 2028
Deposit held: £1,300
Prime trading location next door to Lloyds Pharmacy.
Self contained commercial premises with roller shutter access. Freehold commercial sale. EXTREMELY HIGH LEVELS OF PASSING FOOTFALL NEAR TO Oak Mall making it a prime trading spot.
The town of Greenock has a wide range of local amenities including high-street shopping with several supermarkets. This property is located within one of the town's recognised shopping precincts.
Greenock is located approximately 20 miles west of Glasgow with a residential population of 45,000 people together with a catchment population of approximately 90,000 people. The entrance to the Oak Mall Shopping centre is a short distance south of the subjects at the foot of West Blackhall Street where occupiers include New Look, Wilko, Marks & Spencer.
Greenock is a historic town set upon the banks of the River Clyde world renowned for shipping, sea faring mariners and of course its ship yards and nautical endeavours of yester year. Now it is a vibrant west coast town close to numerous centres of commerce and industry whether it be the Ayrshire coast or indeed Glasgow.
Easy access across Scotland towards Edinburgh, the Highlands and further afield via excellent roads, including the M8 Motorway network and ferries. Excellent transport links to Gourock, Largs and the West coast of Scotland.
Full Address: 8 Kilblain Street, Greenock, PA15 1SR
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Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: 5 Years
Rent: £5,200 per year / £433 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: Lease start date: 10th October 2025
Lease termination: 10th October 2030
Tenant break clause: 10th October 2028
Deposit held: £1,300
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SPECIAL Terms of Sale
- 10% Deposit (Minimum £3,000)
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
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* If no Special Conditions of Sale are present in the legal docs download bidders are advised to
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Auction Details
Date & Time: 04 December 2025, 10am-3pm
Type: Timed Online Auction
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