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Office Investment Opportunity , Trillium Hub, 175 Renfrew Road, Paisley, PA3 4EF

43,984 Sq Ft / Offices / Investment

For Sale - £1,850,000.00

Available - Last updated: 22 January 2024

LARGE OFFICE BUILDING – TENANTED COMMERCIAL INVESTMENT

Immediate Income producing Commercial Investment opportunity. Large Office building with a current rental of £217,739 per annum along with a service charge of £134,844, which is providing a gross income of £352,483. This is only currently occupied at 60%. There is vast potential for rental value increase along with further occupancy rates.

Building has a gross sq footage of 43,984. This is an extensive building with VAST POTENTIAL. The property has a RICS Valuation of £4,000,000. Heavily Discounted for Auction sale.

The property greatly benefits from its very own 72 space car park. Some of the businesses have allocated parked associated with their leases and there is also a visitors car parking area.

***Excellent Investment opportunity***

Property benefits from fantastic location and lots of potential. There is private parking associated with the building. Property has been subdivided and consists of 97 Office spaces.

Sure to appeal to a shrewd investor that is looking for a fantastic opportunity to purchase a property that has amazing potential to add value all while collecting a substantial annual rental.

Location

Located within minutes of Glasgow Airport, this business centre is the ideally situated for an active business Hub. Based closes to Junction 27 of the M8, it offers easy access to the main transport link between Glasgow and Edinburgh. Well placed for access heading East towards Glasgow City Centre, South towards East Kilbride or West towards Ayrshire.

Accommodation

Size - 43,984 sq ft

Terms

Guide Price - £1,850,000

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.

Specification

  • Immediate Income producing Commercial Investment opportunity. Large Office building with a current rental of £217,739 per annum along with a service charge of £134,844.
  • Trillium Hub boasts a variety of businesses throughout and is perfectly located for easy access to Glasgow city centre. VALUATION £4,000,000
  • The Property is currently 60% occupied and generates£217,739 per annum along with a service charge of £134,844. HUGE POTENTIAL FOR UPLIFT IN RENTAL VALUES.
  • Rarely available Auction Property. Property benefits from fantastic location and lots of potential. There is private parking associated with the building. Property has been subdivided and consists of 97 Office spaces.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £1,850,000.00 NA

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Contact agents

John Morris & Luis Guarin

Prime Property Auctions

0141 538 0212



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