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119 West Blackhall St 704 sq ft 100% Let Retail Property Greenock PA15 1YD £160,000 (£227.27/sq ft)

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Investment Highlights

  • Fully equipped turnkey restaurant with extensive kitchen
  • Includes 6-bed residential flat over first and second floors
  • Residential element: Council Tax Band B
  • Planning consent (May 2024) for sub-division + dark kitchen
  • Rare freehold Class 3 hot-food opportunity in Inverclyde
  • Dual access enabling potential for title split (STP)

Executive Summary

This rare hot-food restaurant opportunity in the heart of Greenock Town Centre offers a substantial three-storey property combining a fully equipped Class 3 restaurant with an extensive six-bedroom residential flat. Operated successfully as a Chinese restaurant for over two decades, the premises come complete with all fixtures, fittings and catering equipment, providing an attractive turnkey option for a new operator or investor. Planning approval was granted in May 2024 for subdivision to create a smaller restaurant, dark kitchen and storage area (Ref: 24/0012/IC), enhancing flexibility for future development. With dual access, the potential exists to split the residential and commercial elements (subject to planning). Given the scarcity of hot-food freehold opportunities in Inverclyde, this asset represents a strong purchase for owner-operators, developers or investors.

Property Facts

Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
704 sq ft
Costar Property Class
C
Year Built
1970
Price
£160,000
Price per sq ft
£227.27
Occupancy Rate
100%
Number of Floors
3
Plot ratio
0.21
Total Plot Size
0.08 ac
Parking
2 Spaces (0.6 Spaces per 1,000 sq ft Leased)

Nearby Major Retailers

Costa Coffee
Iceland
Santander
TSB
Bank Of Scotland
Virgin Money
Tesco
NatWest
Lidl
Farmfoods
  • Listing ID: 39652300

  • Date on Market: 04/03/2026

  • Last Updated:

  • Address: 119 West Blackhall St, Greenock PA15 1YD

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