Summary - 5, ARGYLL STREET, LOCHGILPHEAD PA31 8LZ
1 bed 1 bath Commercial Property
Low-price freehold with clear rental upside in a high-footfall town centre.
Freehold Victorian mixed-use building in town centre
Set in the busy centre of Lochgilphead, this Victorian mixed-use commercial building offers clear rental and redevelopment potential at an unusually low asking price of £32,500. The main open-plan shop area benefits from strong passing trade and tourist footfall on Argyll Street, with ancillary rear space including a WC and storage. A realistic rental figure of up to £800 pcm (£9,600 pa) is indicated.
The property is freehold and sits in a town that attracts day-trippers and outdoor visitors; recent town improvements add to future visitor appeal. Internally the retail area is dated with low ceilings and strip lighting, and the building requires refurbishment and modernisation to reach its rental or owner-occupier potential. Average mobile and broadband speeds reflect the local infrastructure.
Buyers should note the area is classified as very deprived and the building needs restoration work — there is clear scope for capital growth if improvements are made. No flood risk is recorded. This is a straightforward opportunity for an investor seeking a low-entry price or an owner-operator prepared to renovate and customise the space.
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