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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

TENANTED INVESTMENT PROPERTY*** First floor tenanted commercial premises located within the heart of Greenock town centre. IMMEDIATE RETURN ON INVESTMENT***

IMMEDIATE RENTAL INCOME OF £7,000 PER ANNUM*** First floor office accommodation LET to Pixel Punks Ltd from 08/01/2023 until 31/07/2025.

EXCELLENT TRADING LOCATION. Nearby occupiers include Semi Chem, Sports Direct, Subway and Iceland. Suitable for multiple uses.

PRIME TOWN CENTRE LOCATION***Situated on the south side of Nicolson Street at it’s junction with West Stewart Street within the town of Greenock.

Greenock is a regional town in the Inverclyde Council area, approx. 20 miles west of Glasgow. The town is serviced by a number of train and bus operators, with the A8, A78 and M8.

TENANTED INVESTMENT PROPERTY*** First floor tenanted commercial premises located within the heart of Greenock town centre. IMMEDIATE RETURN ON INVESTMENT*** IMMEDIATE RENTAL INCOME OF £7,000 PER ANNUM*** First floor office accommodation LET to Pixel Punks Ltd from 08/01/2023 until 31/07/2025. EXCELLENT TRADING LOCATION. Nearby occupiers include Semi Chem, Sports Direct, Subway and Iceland. Suitable for multiple uses. PRIME TOWN CENTRE LOCATION***Situated on the south side of Nicolson Street at it’s junction with West Stewart Street within the town of Greenock. Greenock is a regional town in the Inverclyde Council area, approx. 20 miles west of Glasgow. The town is serviced by a number of train and bus operators, with the A8, A78 and M8.

Greenock is a regional town in the Inverclyde Council area, approx. 20 miles west of Glasgow. The town is serviced by a number of train and bus operators, with the A8, A78 and M8.

Full Address: 33 Nicolson Street, First Floor Left, Greenock, PA15 1UL

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Tenancy Details

Type of Agreement: Basic Lease
Length: until 31/07/2025
Rent: £7,000 per year / £583 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £51,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £1,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Buy Now Price = £63,000

Please use our BUY NOW form to secure this property now. Once you submit the form we will send you an invoice and payment details so you can make the necessary deposit payment to proceed with the purchase.

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue

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