Drumfrochar Road, Inverclyde, Greenock, PA15

This prime historic site in Central Greenock, with planning approval for 47 homes, is available to purchase through Bowman Rebecchi – The Home of Property.

Extending to approximately 5.2 acres, the elevated Drumfrochar Road site formerly formed part of the Tate & Lyle refinery, which closed in 1997.

Previously sold by Bowman Rebecchi in 2021, the site has since secured full planning consent from Inverclyde Council for a high-quality private residential development within one of the area’s priority regeneration locations.

The approved scheme comprises 47 private homes, including a mix of three-bedroom detached, semi-detached and terraced properties. Arranged over two levels and connected by landscaped paths and walkways, the development will benefit from a newly formed double access point from Lynedoch Street.

The site extends along the eastern side of Drumfrochar Road, adjacent to Build Depot and Wellington Park Bowling Club.

Rectangular in configuration, with short projections to the upper east and west boundaries, the site occupies a commanding elevated position with open views across the River Clyde and towards Greenock town centre, delivering strong market appeal and placemaking potential.

With planning secured, infrastructure strategy defined and a prominent river-facing setting, this represents a fully de-risked and compelling residential investment opportunity within a strengthening west of Scotland market.

A suite of planning and supporting documents are available to be shared with interested parties.

Enquiries are invited, with early viewing strongly recommended.

VIEWING

Viewings can be arranged by appointment with Bowman Rebecchi.

A VIBRANT LOCATION

Greenock is strategically located approximately 20 miles west of Glasgow and forms one of the principal towns within Inverclyde. The town has a resident population in excess of 50,000 persons and benefits from a wider core catchment of approximately 270,000 people across Inverclyde and the wider west of Scotland.

Its established residential base, strong commuter connectivity and ongoing regeneration initiatives continue to enhance its appeal for both residential and mixed-use development.

The subjects occupy a prominent and attractive elevated position on the eastern side of Drumfrochar Road, affording open aspects across the River Clyde and towards Greenock town centre.

The site is readily accessible via Baker Street, Lynedoch Street and Dunlop Street, providing multiple points of connectivity to the surrounding road network and neighbouring residential districts. The immediate area is characterised by a mix of established residential neighbourhoods, light industrial uses and emerging regeneration projects.

Nearby occupiers include Build Depot and the Pelagia fish processing plant, the latter having undergone extensive redevelopment. Drumfrochar Industrial Estate lies further along Drumfrochar Road, reinforcing the area’s established commercial presence. In addition, Broomhill Community Gardens and the recently developed £1.8 million Baker Street food and drink hub, positioned at the junction of Drumfrochar Road and Baker Street, contribute to the locality’s growing amenity offering and investment momentum.

Public transport connectivity is excellent. Greenock Central railway station is approximately a 10-minute walk from the site, providing regular services to Glasgow Central station and Gourock, with onward connections to Wemyss Bay and Paisley. Greenock town centre is also within a short 10-minute walk, offering a range of retail, leisure and civic amenities.

Overall, the location combines strong transport links, established surrounding uses and active regeneration investment, positioning the site within a well-connected and improving urban environment suited to high-quality residential development.

MEASUREMENTS 

The on-site measurements, measured in accordance with the RICS Code of Measuring Practice (6th Edition), calculate the subjects extend as follows: 

Total Site Area - 2.11 hectares - 5.2 acres.

PLANNING

Planning permission (ref. 22/0192/IC) was granted by Inverclyde Council in October 2023 for the construction of 47 three-bedroom residential units, comprising 4 detached, 17 terraced and 26 semi-detached homes.

TERMS

Rates - From the Assessor’s website, we note the subjects are in the current Valuation Roll with a Rateable Value of £100.

EPC - Not appliable for land.

Entry - Early entry is available.

Price - Our client is seeking offers over £1,500,000 exclusive of VAT for their heritable interest, which equates to approximately £32,000 per unit.

Anti-Money Laundering - To comply with anti-money laundering legislation, the successful tenant will be required to provide certain identification documents.

Terms - Each party is to be responsible for its legal costs and outlays, including VAT incurred.

For further information, please contact Bowman Rebecchi.

EPC rating: Exempt. Tenure: Freehold,