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Prime Retail Unit To Let, High Street , Johnstone, PA5 8AN

6,578 Sq Ft / Retail

For Sale - £315,000.00

Available - Last updated: 19 October 2020

The premises comprise a double windowed retail unit arranged over the ground and first floor.

Location

Johnstone lies 2 miles west of Paisley which is Scotland's largest town and is situated approximately 10 miles west of Glasgow city centre. The town has a resident population of approximately 16,500 persons and a wider catchment in the order of 250,000.

The town is situated immediately adjacent to the A737 which connects directly to the M8 as well as benefitting from excellent communication links and frequent rail services linking the town to Glasgow and the Ayrshire coast to the west. Glasgow International Airport is located approximately 4 miles to the east of the town and is a major source of employment both directly and indirectly from the town and surrounding area. The premises are located on the north side of High Street in close proximity to Greggs, Card Factory, Vaporized, Poundland, Salvation Army, Boots and Bank of Scotland. The ordnance extract overleaf is for identification purposes only

Accommodation

First 127.09 sq m (1,368sq ft )

Ground 484.00 sq m (5,210 sq ft )

TOTAL 611.09 sq m (6,578 sq ft )

Terms

RENTAL Our client is seeking rental offers in the region of £30,000 pa.

LEASE TERMS The premises are available on the basis of a new full repairing and insuring lease for a period of 10 years, subject to 5 yearly upward only rent reviews.

PRICE Our client may consider selling the subjects at a fixed price of £315,000 exclusive of VAT.

EPC EPC Rating - available on request. A copy of the EPC and Recommendation Report can be provided on request.

RATING The premises are entered into the 2017 Valuation Roll as follows: Rateable Value £53,000. The rate poundage for 2020/2021 is £0.498 to the pound.

PLANNING The property benefits from Class 1 (retail) consent under the Town and Country Planning (use classes) (Scotland) order 1997.

VAT Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.

LEGAL COSTS Each party will be responsible for their own legal costs incurred in connection with this transaction. For the avoidance of doubt, the ingoing tenant will be responsible for Land and Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.

Specification

  •  STRONG RETAIL FRONTAGE 
  • BUSY TOWN CENTRE LOCATION 
  • ON STREET PARKING AVAILABLE 
  • RENT: £30,000 PA 
  • FIXED PRICE : £315,000 EX VAT

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale £315,000.00 NA

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Adam Honeyman

Shepherd Commercial

0141 432 1235



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