Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
***Fantastic SUPERSIZED tenanted investment opportunity with high rental yield. Established sitting tenant*** FREEHOLD unit with HOT FOOD CONSENT***
***Located within Greenock town centre in a busty parade of shops. West Blackhall Street has recently undergone a major upgrading project enhancing the appeal and appearance of the area***
***Current lease in place with rental income of £20,800. Lease start date December 2023 on 15 year term. 3 yearly rent reviews.***11.5% rental yield based on current guide price***
***The premises are used as a hot food takeaway. The tenant uses part of the premise and there may be scope through negotiation to generate income from the unused restaurant area***
***The premises comprise, serving counter, full commercial kitchen, various store rooms, cold room, separate restaurant area with bar. Upper level with 2 rooms unused storage***
***Fantastic tenanted investment opportunity with high rental yield. Established sitting tenant*** FREEHOLD unit with HOT FOOD CONSENT***
Ground floor 179 sq metres
First floor 41 sq metres.
***Located within Greenock town centre in a busty parade of shops. West Blackhall Street has recently undergone a major upgrading project enhancing the appeal and appearance of the area.
Nearby traders include: Cash Generator, Virgin Money, Bank of Scotland, Ladbrokes, Nationwide and multiple estate agents***
***Current lease in place with rental income of £20,800. Lease start date December 2023 on 15 year term. 3 yearly rent reviews.***11.5% rental yield based on current guide price***
***The premises are used as a hot food takeaway. The tenant uses part of the premise and there may be scope through negotiation to generate income from the unused restaurant area***
***The premises comprise, serving counter, full commercial kitchen, various store rooms, cold room, separate restaurant area with bar. Upper level with 2 rooms unused storage***
West Blackhall Street is one of the main commercial streets in Greenock, Inverclyde. It is a bustling area filled with shops, restaurants, and essential services, running through the heart of the town.
Greenock is a coastal town in Inverclyde, Scotland, located on the south bank of the River Clyde, about 25 miles west of Glasgow. It has a rich maritime history, stunning waterfront views, and a mix of shopping, dining, and cultural attractions.
Full Address: 75 West Blackhall Street, Greenock, PA15 1XP
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Map & Location
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Tenancy Details
Type of Agreement:
Length: 15
Rent: £20,800 per year / £1,733 per month
Yield: 14% (approx)
Tenant: Company
Notes:
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Pricing Information & Bidding
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Terms of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to
request a copy by email prior to bidding.
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Auction Details
Date & Time: 13 November 2025, 10am-3pm
Type: Timed Online Auction
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