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Land for sale
, Whinhill Radio Mast Site, Beith Road, Greenock, PA169LN
£25,000
, Whinhill Radio Mast Site, Beith Road, Greenock, PA169LN
£25,000
Price History
Initial price | £35,000 |
29/03/25 | £25,000 |
Price Change | -28.57% |
Description
This unique property is a prime investment opportunity, featuring a radio/telecoms mast and cabin situated in a scenic location with stunning sea and mountain views. The site is currently let to a local broadcasting company for £6,000 per annum on a 7-year lease, with the option to renew for an additional 7 years. The mast is 43m tall and has recently passed its annual safety inspection, with power and telecoms already on site. A planning application has been submitted for a new security fence to surround the site. The property is located in Greenock, a town with a population of around 74,000, and benefits from a range of services and facilities, including a main line railway station and proximity to the M8 motorway. With a rateable value of £12,000 and a unique opportunity for other telecom/broadcasting companies to take space on the mast, this property offers a super return on investment.