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119 West Blackhall St 704 SF 100% Leased Retail Building Greenock PA15 1YD $292,172 CAD ($415.02 CAD/SF)

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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.