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Future Property Auctions · 29 Oct 2026 · in 10 days

51-55 Princes Street, Port Glasgow, PA14 5JH

51-55 Princes Street, Port Glasgow, PA14 5JH · Scotland

LiveOfficeFreeholdLetGuide cut

51-55 Princes Street, Port Glasgow, PA14 5JH
Opening bid
£63,000was £68,000a starting bid, not a guide: lots usually sell well above it
Rent a year
£25,000
Yield on the opening bid
39.7%
Payback
2.5 yrs
Net yield, after buying costs, at the opening bid
🔒 With access
Likely to sell for
🔒 With access
Energy rating
Not published
Size
2,238 sq ft£11.17 rent per sq ft

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

The cost breakdown and net yield: included with access, £49 a month. Start with a free account.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

The likely sale range: included with access, £49 a month. Start with a free account.

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Energy rating

Future Property Auctions hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

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History

  • First listed on Cornerlot 11 Oct 2026.
  • Guide cut from £68,000 to £63,000 (7% lower), 17 Oct 2026.

Future Property Auctions' record

Future Property Auctions' results: included with access, £49 a month. Start with a free account.

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About the lot

Freehold office lot in Port Glasgow. Producing £25,000 a year, a 34.2% gross yield at the guide.

Commercial Investment. 2,238 sq ft Commercial Investment over ground and first floor level. EXCELLENT TOWN CENTRE TRADING POSITION suitable for a variety of uses subject to planning. ** RENTAL ESTIMATE £25,000 annually **. Two storey building town centre commercial property arranged as a ground and first floor former bank, forming part of a parade. Located in a prominent position. PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Suitable for a variety of uses. RENTAL POTENTIAL £25,000 per annum **Vat free**. The area has been calculated to extend to the following net areas: Ground/First - 208 sq m (2,238 sq ft). POTENTIAL TO BE SUBDIVIDED INTO TWO UNITS EACH OF AROUND 1100 FT.² **. Princes Street offers a commercially attractive setting for local retail, office, and service businesses, supported by an established catchment and good transport connectivity. PRIME INVESTMENT***vacant TOWN CENTRE property over ground and first floor level. EXCELLENT TRADING POSITION suitable for a variety of uses subject to planning. DEVELOPMEMT POTENTIAL. Two storey building town centre commercial property arranged as a ground and first floor former bank, forming part of a parade. Located in a prominent position. PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Suitable for a variety of uses. RENTAL POTENTIAL £25,000 per annum **Vat free**. The area has been calculated to extend to the following net areas: Ground/First - 208 sq m (2,238 sq ft) POTENTIAL TO BE SUBDIVIDED INTO TWO UNITS EACH OF AROUND 1100 FT.² **. Princes Street offers a commercially attractive setting for local retail, office, and service businesses, supported by an established catchment and good transport connectivity. Princes Street in Port Glasgow occupies a convenient location within an established urban area that benefits from a steady local customer base and good accessibility. The surrounding area comprises a mix of residential neighbourhoods, local businesses, and community facilities, generating regular footfall for convenience retail and service-based occupiers. Nearby amenities include supermarkets, retail parks, banks, cafés, healthcare facilities, schools, and public services, supporting day-to-day commercial activity. he location also benefits from close proximity to the A8 trunk road, providing direct connections to Greenock, Glasgow, and the M8 motorway, which facilitates the movement of customers, staff, and deliveries. Port Glasgow railway station and frequent local bus services further enhance accessibility for employees and visitors.

Figures come from Future Property Auctions' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.