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Land for sale
, Whinhill Radio Mast Site, Beith Road, Greenock, PA169LN
£30,000
, Whinhill Radio Mast Site, Beith Road, Greenock, PA169LN
£30,000
Price History
Initial price | £35,000 |
29/03/25 | £25,000 |
05/04/25 | £40,000 |
15/04/25 | £30,000 |
Price Change | -14.29% |
Description
This property is a prime investment opportunity, featuring a unique radio/telecoms mast and cabin situated in a scenic location with stunning panoramic views of the sea and mountains. The property is currently let to a local broadcasting company on a 7-year lease, generating an annual income of £6,000, with the option to renew for a further 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, offering a range of services and facilities, including a main line railway station and proximity to the M8 motorway. The property is being sold by auction on April 17, 2025, and is expected to generate a high return on investment.