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Description
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.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 2 Years
Rent: £21,000 per year / £1,750 per month
Yield: 15% (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
Maps & Location
Map Street View SatelliteThe 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).
Document Downloads
Pricing Information & Bidding
Opening Bid: £140,000
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). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
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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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)
Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 4High Street, Let Stewart Travel Investment, Paisley