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Cumberland Road, Greenock PA16 Property for sale
Cumberland Road, Greenock PA16
£175,000
Cumberland Road, Greenock PA16
£175,000
Our Summary
- Excellent Commercial investment opportunity, located within a prime location in Greenock
- PRIME NEW ENTRY: Fantastic tenanted Commercial Investment Opportunity located within a prime location in Greenock Property comprises: Service desk, kitchen, WC, office space
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
This is a prime commercial investment opportunity located in a busy main road in Greenock, Scotland. The property is currently tenanted and produces a monthly cash flow of £1,334, which is an attractive return on investment. The property benefits from a long-term tenant in situ, with 17 years remaining on the lease, and a rateable value of £4,600, ensuring low overheads. The location is highly sought after, with significant daily footfall and excellent visibility. The property comprises a service desk, kitchen, WC, and office space, making it an ideal investment for commercial investors looking for a turnkey opportunity. With a guide price that offers an excellent yield, this property is sure to appeal to investors seeking a high-yielding commercial asset.