Cumberland Road, Greenock PA16 Property for sale

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Cumberland Road, Greenock PA16 Property for sale

Cumberland Road, Greenock PA16
£145,000

Price History

Initial price £175,000
14/05/25 £145,000
Price Change -17.14%

Description

This prime commercial investment opportunity is located in a busy main road in Greenock, Scotland, and is currently tenanted at £1,334 per month, producing an excellent yield. The property has a rateable value of £4,600, ensuring low overheads, and is situated in a sought-after location with significant daily footfall and excellent visibility. The property is fully let with a long-term tenant in situ, with 17 years remaining on the lease, and the next rent review is scheduled for 2028. The property benefits from a service desk, kitchen, WC, and office space, making it an attractive opportunity for commercial investors looking for a turnkey investment. With a guide price, this property offers a fantastic return on investment and is sure to appeal to investors seeking a high-yielding commercial asset.