Property description

Opportunity to purchase a business going concern of 31 new garage and storage units, situated in Greenock`s ever popular West End.

Return on investment ‘ 12% profit per year on purchase price
No VAT on purchase and no VAT on rents.
There is presently a waiting list for the units - As such, a fast up take on garages and stores.
A single unit is vacated generally only once every 6 to 12 months - As such, administration is minimal
Less than £1000 per year operating costs consisting only of buildings insurance and electricity. No staff.
The garages and stores are all newly built over the past 4 years with a construction of concrete slab, block walls and slate roofs.
The entire compound is fully enclosed with palisade fencing, razor wire and has 2 sets of security entrance gates.
High Resolution CCTV throughout compound.
LED floodlighting on motion sensors throughout compound.
24hr user access is via double entrance gates by pin code on each.
There is an electricity supply to each garage with each garage having its own electrical meter and users pay electricity upfront.

There is also the option of leasing adjacent land from railtrack on a long term lease (30 years+) to increase the number of units to 45 or more. Note that the only available access to this network rail land is via this existing compound of 31 garages and stores.

Please inquire for further details and purchase price.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.