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4, Mearns Street, Greenock, PA15 4PQ

Outstanding opportunity for the discerning investor to purchase this cleverly designed property
Location: 4 Mearns Street, PA15 4PQ
Property type: Flat, General Retail, Residential, Retail
Tenure type: For Sale Freehold
Tenancy type: Vacant,Investment
Investment Opportunity

Outstanding opportunity for the discerning investor to purchase this cleverly designed property which comprises of 3 self-contained units each with kitchen area with fully plumbed washing machine, shower room and lounge/sleeping area which are ready to rent with one already having been occupied for over 9 years by a long term tenant currently paying £100 per week. There has been a good uptake from air b'n'b booking also. There is also currently a spacious lounge, further bedroom with en-suite, modern kitchen, bathroom, tv room, utility room, ironing and store room on the ground floor. There is potential to convert the property into 5 self-contained units which will enhance the earning possibilities of this great little property which benefits from double glazed windows and gas central heating. The vendor has expressed a wish to keep the ground floor shop unit which is currently trading as a fast food outlet and they will start proceedings to separate it from the title when under offer. This is a fantastic centrally located property which has been well designed to a very good standard by the current owner and which will make a brilliant investment by the correct buyer who can take the business on to the next level. Early viewing is strongly advised to appreciate the huge potential on offer.

Tenure

Freehold

Fantastic central location

Self contained ready to rent rooms

Excellent transport links closeby

Well maintained accommodation

Potential to grow business

Vacant shop unit on ground level

Area

The town of Greenock has a wide range of local amenities including high-street shopping, with several supermarkets and high-street banking. There is established schooling at both primary and secondary levels. Recreational amenities include several play parks, sports centres and 'The Waterfront Centre' swimming pool, ice rink and gym. There are a range of golf clubs within the local area, modern yacht marinas in Greenock and Inverkip and access to Clyde Muirshiel Regional Park. There are several railway stations, offering access to Glasgow Central and the area is well served by local bus routes.

Local Authority

Inverclyde Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Viewing Times

Please call Auction House Scotland on 0141 339 4466 to arrange a viewing
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