Map & Location
Map Street View SatelliteSpecial Terms of Sale
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Buyers Fee (?) 2% of Sale Price (Minimum of £3250 +vat)
Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
Description
MASSIVE 4 STOREY BUILDING 10,043sq ft Income Producing Investment. Tenanted four storey retail premises located on a busy parade. Currently producing £28,000pa on a FRI lease until 2028 at least.
PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield producing £28,000 per annum.
Facing Paisley shopping centre. Nearby occupiers include Greggs, Farmfoods, Nationwide Building Society and Cancer Research UK. EXCELLENT trading position in busy Paisley TOWN CENTRE.
Causeyside Street, close to its junction with New Street within the heart of Paisley Town Centre. Causeyside Street is a main arterial route through Paisley. HIGH passing footfall and traffic.
***INCOME PRODUCING COMMERCIAL INVESTMENT*** 933sqm (10,043sq ft) Tenanted four storey retail premises located on a busy retail parade. Currently producing £28,000 per annum on a FRI lease. SUPER TRADING POSITION with highly visible frontage. SUPERSIZED four storey end-terraced retail unit. Internally the subjects have been decorated in accordance with the tenants specifications. PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield producing £28,000 per annum. Facing Paisley shopping centre. Nearby occupiers include Greggs, Farmfoods, Nationwide Building Society and Cancer Research UK. EXCELLENT trading position in busy Paisley TOWN CENTRE. Causeyside Street, close to its junction with New Street within the heart of Paisley Town Centre. Causeyside Street is a main arterial route through Paisley. HIGH passing footfall and traffic.
The subjects are situated on the west side of Causeyside Street at its junction with Laughkirk Lane adjacent to Forbes Place within Paisley town centre. Situated on the main arterial route through Paisley town centre, the subjects benefit from high volumes of passing pedestrian and vehicular traffic throughout the day. Public transport links are in close proximity with bus stops near the subjects along with Paisley St James Station within a few minutes walk. Paisley is well-connected to Glasgow, with frequent train services making it a commuter town for many who work in the city. Glasgow International Airport is also located nearby, enhancing its connectivity.
Full Address: 24 Causeyside St, Full Let Buidling Investment, Paisley, PA1 1UN
Show MoreTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 4 years
Rent: £28,000 per year / £2,333 per month
Yield: 16% (approx)
Tenant: Private Individual
Notes: Total Area: 10,043sq ft Held On F.R.I Lease Town Centre Sofa & Bedroom Expiry: 31st October 2028 Passing Rent: £28,000p.a.
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View Video Presentation on YoutubePricing Information & Bidding
Opening Bid: £173,000
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 2% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
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Auction Details
Type: Timed Online Auction
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