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Description

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

INCOME PRODUCING INVESTMENT*** Ground floor and basement mid-terraced retail unit set within a larger commercial development. CITY CENTRE LOCATION Adjacent to Plaza shopping centre and bus station.

Let to Stewart Travel Lease Terms 01/03/2017 – 28/08/2027 Review N/A Break Option N/A Rent (£pa) £21,000

The property has been calculated to extend to approximately; Ground: 63.06sqm (679sq ft) Bsm: 11.43sqm (123sq ft) Total: 74.49sqm (802sq ft)

Internally the property is fitted out to a high standard with suspended acoustic tile ceiling with recessed L.E.D. panels. W.c. and staff facilities are situated within the basement of the property.

SUPER LOCATION The property is prominently positioned adjacent to the city centre main bus stop adjacent to Paisley Abbey.

INCOME PRODUCING INVESTMENT*** Ground floor and basement mid-terraced retail unit set within a larger commercial development. CITY CENTRE LOCATION Adjacent to Plaza shopping centre and bus station. Let to Stewart Travel Lease Terms 01/03/2017 – 28/08/2027 Review N/A Break Option N/A Rent (£pa) £21,000 The property has been calculated to extend to approximately; Ground: 63.06sqm (679sq ft) Bsm: 11.43sqm (123sq ft) Total: 74.49sqm (802sq ft) Internally the property is fitted out to a high standard with suspended acoustic tile ceiling with recessed L.E.D. panels. W.c. and staff facilities are situated within the basement of the property. SUPER LOCATION The property is prominently positioned adjacent to the city centre main bus stop adjacent to Paisley Abbey.

The property is prominently positioned adjacent to the city centre main bus stop adjacent to Paisley Abbey. The Cross at High Street, Paisley is a historic central point in the town, known for its heritage buildings, local shops, and transport links and is a key area for shopping, history, and local businesses, located near Paisley Abbey and the University of the West of Scotland (UWS).

Full Address: 4 High Street, Let Stewart Travel Investment, Paisley, PA1 2YA

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 2 Years
Rent: £21,000 per year / £1,750 per month
Yield: 12% (approx)
Tenant: Company
Notes: Tenant Stewart Travel* Lease Terms 01/03/2017 – 28/08/2027 Review N/A Break Option N/A Rent (£pa) £21,000

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Pricing Information & Bidding

Opening Bid: £179,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = % 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

Date & Time: 24 April 2025, 10am-3pm
Type: Timed Online Auction

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