Future Property Auctions · 29 Oct 2026 · in 10 days
96-100 Cathcart Street, Let Public House and Diner, Greenock, PA15 1BB
96-100 Cathcart Street, Let Public House and Diner, Greenock, PA15 1BB · Scotland
LiveLeisureFreeholdLetRelisted
- Opening bid
- £99,000a starting bid, not a guide: lots usually sell well above it
- Rent a year
- £15,000
- Yield on the opening bid
- 15.0%
- Payback
- 6.7 yrs
- Net yield, after buying costs, at the opening bid
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 3,500 sq ft£4.29 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.
Create an accountWhat 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.
Create an accountEnergy 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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Create an accountHistory
- First listed on Cornerlot 15 Oct 2026.
- Listed before with Future Property Auctions for 15 Oct 2026: Withdrawn, guide £111,000. See that listing
Future Property Auctions' record
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Create an accountAbout the lot
Freehold leisure lot in Greenock. Producing £15,000 a year, a 15.0% gross yield at the guide.
Commercial Investment. Established Town Centre GREENOCK LOCATION with Prominent CORNER Position over Ground & Basement. New tenancy 01st June 226 on a 5 year FRI Lease producing £15,000 per annum. WAS historically sold for £450,000. Internally the property is formed over a split level. approximately 325.15 sq m (3,500 sq ft) of accommodation on ground floor and basement. PRIME CORNER SPOT with catchment population over 100,000 people. Neighbouring occupiers include the Head Post Office, Cafe Monza, Yorkshire Building Society, Greenock Town Hall. Situated on the north side of Cathcart Street, at its junction with Cross Shore Street. EXCELLENT TRADING LOCATION***. Greenock is a town and administrative centre in the Inverclyde council area in Scotland and a former burgh within the historic county of Renfrewshire, located in the west central Lowlands of Scotland. Internally the property is formed over a split level with large open plan bar and lounge with laminated timber floors, mixed of railed and pendant lighting. W.c facilities are situated within the basement along with large cooled cellar. Disabled w.c facilities are situated on ground floor. The property benefits from large kitchen and servery. The property is licenced by Inverclyde Licensing Board (No. 101). Tenancy: Type of Agreement: Full Repairing & Insuring (FRI). Length: Rent: £15,000 per year / £1,250 per month. Yield: 15% (approx). Tenant: Company. Notes: Main Corp Property. Lease start date 01st June 2026. Break 31st May 2031. Term End 31st May 2036. £15,000 per annum. Class 3 Sui Generis. Greenock is a town and administrative centre in the Inverclyde council area in Scotland and a former burgh within the historic county of Renfrewshire, located in the west central Lowlands of Scotland. It forms part of a contiguous urban area with Gourock to the west and Port Glasgow to the east.
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.