Two Inverkip Street

Retail warehouse investment in Greenock town centre, single-let to B&M Retail Ltd, extending to approximately 41,583 sq ft with associated car parking.

Tenure

Heritable (Scottish equivalent of English freehold)

Tenant

B&M Retail Ltd

Lease expiry

30 August 2032

Unexpired term

Approximately 6.25 years (per brochure)

Rent (vendor top-up to next RPI review)

£402,353 per annum (£9.68 per sq ft)

Accommodation (GIA)

41,583 sq ft (3,863.2 sq m)

Car parking

Approximately 190 spaces

Price guidance

Offers in excess of £4,550,000; brochure states 8.30% NIY assuming purchaser’s costs at 6.56%

EPC

C31

VAT

VAT applicable; anticipated Transfer of a Going Concern (TOGC)

Brochure dated: 2026-10

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