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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

IMMEDIATE INCOME PRODUCING INVESTMENT*** Tenanted HOT FOOD unit in PRIME TRADING POSITION on BUSY Paisley Road West.

CLASS 3*** HIGH FOOTFALL commercial location with attractive frontage onto busy main thoroughfare

Currently LET at £288 per week (£14,976 Per Annum) HIGH FOOTFALL LOCATION ***EXCELLENT RETURN ON INVESTMENT

Prime location with high passing traffic and footfall. Sought after Paisley Road West. BUSY LOCATION close to transport links and a short walk from the City Centre and Springfield Quay.

Situated on Paisley Road West within the south side of Glasgow. Well serviced by public transport links via bus and subway links available at Cessnock underground.

IMMEDIATE INCOME PRODUCING INVESTMENT*** Tenanted HOT FOOD unit in PRIME TRADING POSITION on BUSY Paisley Road West. CLASS 3*** HIGH FOOTFALL commercial location with attractive frontage onto busy main thoroughfare. Prime location with high passing traffic and footfall. Sought after Paisley Road West. BUSY LOCATION close to transport links and a short walk from the City Centre and Springfield Quay.

The property is situated on Paisley Road West within the south side of Glasgow. The area is well serviced by public transport links via bus and subway links available at Cessnock underground. Close proximity is along with access to the M8 motorway network. The local occupiers include The Co-op supermarket along with a number of independent traders and licensed premises. Public transport links to Glasgow city centre or plentiful with regular public transport services available all along Paisley Road West and the area features two popular parks (Pollok and Bellahouston). Glasgow is Scotland’s largest city and is situated on the west coast. There are four main motorways which run through the city putting it at the hub of Scotland’s road network. The City sits approximately 50 miles west of Edinburgh and connects via the M8, the main motorway network serving central Scotland. Paisley Road West which is a main arterial route through the south west of Glasgow, providing access to local bus routes. Corkerhill and Mosspark Railway Stations are within walking distance. The M8 motorway is within close proximity and travel time to Glasgow city centre is approximately 10 minutes.

Full Address: 558 Paisley Road West, Glasgow, G51 1RF

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Tenancy Details

Type of Agreement: Basic Lease
Length: 4 years left on lease
Rent: £14,976 per year / £1,248 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes: £288 per week. 4 years left on lease

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Pricing Information & Bidding

Guide Price: £129,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 16 January 2025, 3pm
Type: Deadline for Offers

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