Location
The subjects occupy a busy local trading location fronting
Causeyside Street near its junction with Forbes Street within Paisley town
centre.
Facing the pedestrianised prime shopping area, the property
is within short walking distance to Dunn Square, Paisley Town Hall and Paisley
Abbey.
The ground floor occupiers in the immediate area are
predominantly retail, including; Allen and Harris; Countrywide; Greggs Bakery plus
other national and local traders.
The location is well connected with public transport with
bus routes on all major roads in the immediate area with Paisley Gilmour Street
station in close proximity.
Accommodation
The property comprises a spacious front retail and sales
area, with convenient rear service access for the loading and unloading of
goods. It benefits from generous storage accommodation and ample customer
parking.
Currently occupied by Farmfoods, the premises will be
available from October. The property is suitable for a variety of commercial
uses, and alternative uses, including conversion to Class 3 restaurant use
(subject to the necessary consents), will be considered.
Floor Area
We calculate the Net Internal Floor Area in accordance with
the RICS Code of Measuring Practice 6th Edition) to be approximately: -
Ground Floor – Sales Area 3,274 SQFT (305.56 SQM)
Storage
Area – 795 SQFT (74.19 SQM)
RENTAL/LEASE TERMS
We are instructed to seek rental offers of £50,000.00 per
annum for a new full repairing and insuring lease for a period of up to 15
years.
Planning Use
Class 1A Retail
RATING ASSESSMENT
The subjects are currently entered in the Valuation Roll
with a Rateable Value of £26,500.00
VAT
Unless otherwise stated, all prices, premiums and rentals
are quoted exclusive of VAT.
LEGAL COSTS
Each party will be responsible for payment of their own
legal costs to be incurred in any transaction.
EPC
Available upon request.