A POPULAR Greenock shop's base has been put up for sale - but bosses insist the store will not close down.

The building occupied by discount retailer B&M in Inverkip Street is now on the market for offers over £3.9m.

Bosses at B&M have given firm assurances that the premises, which they hold a lease for until August 2032, will not shut.

A spokeswoman said: "The store is not closing.

"It appears that it's just the building that is being sold on."

According to the Scottish Assessors Association website, the proprietor of the building is the Hampshire Pension Fund - Hampshire County Council’s pension fund.

An online pitch bills the town centre property as a great investment and suggests that its large car park could be better utilised.

It says: "The premises comprise a purpose built standalone retail unit over ground and first floors of brick construction under a mixture of pitched slate and corrugated profile metal roof.

"The property is arguably over resourced with car parking, with approximately 190 car spaces as well as substantial rear servicing facilities."

The premises was originally built for William Low as a supermarket and was then a Tesco before it was subsequently acquired by B&M.

The Tele contacted Hampshire County Council but no response was provided as the paper went to press.