Summary - SHOP, 14-16, CUMBERLAND ROAD PA16 0TW
1 bed 1 bath Commercial Property
Turnkey income-producing unit with low overheads and strong visibility.
Tenanted producing £1,334 pcm (£16,015 pa) income
Rateable value £4,600 keeps operating costs low
Busy main road location with strong daily footfall
17 years remaining on lease; next review in 2028
Auction sale — purchase subject to auction terms and timing
Mortgage lenders may refuse due to lease/tenure constraints
Wider area listed as very deprived — affects long-term growth
Property may need refurbishment; mid‑20th century brick construction
This is a straightforward commercial investment in a busy Greenock location, currently producing £1,334 pcm (£16,015 pa) from a long-term tenant. The low rateable value (£4,600) keeps running costs down and the property benefits from strong daytime footfall and good transport links on a main road.
The lease has 17 years remaining with the next rent review scheduled for 2028, giving immediate income and predictable cash flow. The lot is being sold at timed online auction, so completion timings and purchase conditions will follow auction procedures.
Important cautions are clear: lease length and tenure details may restrict mortgage finance—many lenders could refuse lending on this asset. The wider area is noted as very deprived, which can affect future rental growth and exit options. An on-site inspection is recommended to confirm condition; image notes describe a mid-20th century brick retail unit and indicate refurbishment may be required in places.
This opportunity suits investors seeking an affordable, income-producing commercial unit with low overheads and immediate yield, aware of auction sale mechanics and financing limitations.
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