Investment property with high gross yield

This unique commercial opportunity is located within a prime position in Port Glasgow. The property spans an impressive 802 Sq M (8,635 Sq Ft) over both the ground and first floors, providing ample space for various commercial uses. The accommodation comprises three spacious studios, a welcoming hall to the left of the entrance, and two further side rooms. This flexible space also includes a reception area, a well-equipped kitchen, and modern toilet facilities. Entry is from the side of the building, secured with roller shutters for added peace of mind. Current occupants include a Boxing Club, Flex UK Studios, and Carnage Dance Studio, alongside two empty spaces ready for occupation. The property currently generates a rental income of £1,150 per month (£13,800 per annum), representing an outstanding opportunity for investors seeking substantial returns with an exceptional gross yield of 14.8%. According to the Assessor's website, the subjects are entered in the current Valuation Roll with a Rateable Value of £4,800 and qualify for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status. Port Glasgow is a historic town on the west coast of Scotland, known for its shipbuilding heritage and scenic views of the River Clyde. Featuring excellent transport links and a thriving community, it offers a blend of cultural history and modern conveniences, making it an attractive location for both business and leisure.