PRIME NEW LISTING. We are excited to present this Commercial Building located within a prime location in Paisley.
Sure to appeal to shrewd investors, this property offers a turnkey solution in an easily lettable location, making it an ideal choice for those looking to expand their portfolio.
Currently offered at an attractive price to ensure an auction sale, this property benefits from a prominent frontage onto Paisley High Street, which is ideal for passing trade, excellent visibility and high footfall.
Location
Paisley, a historic town in the west of Scotland, is known for its rich cultural heritage and vibrant community. With excellent amenities including shops, restaurants, and well-regarded schools, it offers a blend of urban convenience and scenic beauty. The town is well-connected by public transport, making it a highly desirable place to live.
Accommodation
A substantial commercial property extending across four floors, providing approximately 352 sq m (3,788.9 sq ft) of versatile space.
Terms
Guide Price - £65,000
For rental purposes, this exceptional property is currently tenanted at (£35,000 PA) providing an excellent 46.6% yield. If achieved for the guide price. This represents a fantastic yielding investment opportunity.
Leasehold Remaining: 86 Years Remaining / Property is VAT Elected.
Rateable value of £8,000.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.