Submit Offer
Description
*** PRIME PART LET COMMERCIAL PROPERTY INVESTMENT ***45 High Street, Paisley. Let nail bar at £12,000pa, May be suitable for change of use (subject to planning consent).
Comprises 3 storey, Retail ground floor former pub ground/basement, offices on 1st & 2nd floors Situated on the south side of Paisley High Street, a short distance to the pedestrianised section.
Retail unit (currently used a a nail bar with passing rent of £12,000pa. Former Bar and offices are vacant. Total Ratable value combined of £138,000.
The area has been calculated to extend to the following net areas: Ground Retail : 153.03m² Ground/basement Public House : 401.36m² Office 1&2 272.36m² Total 826.75m²
PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £12,000 PER ANNUM. POTENTIAL TO INCREASE YIELD WITH VACANT OFFICE SPACE
*** PRIME PART LET COMMERCIAL PROPERTY INVESTMENT ***45 High Street, Paisley. Let nail bar at £12,000pa, May be suitable for change of use (subject to planning consent). Comprises 3 storey, Retail ground floor former pub ground/basement, offices on 1st & 2nd floors Situated on the south side of Paisley High Street, a short distance to the pedestrianised section. Retail unit (currently used a a nail bar) with passing rent of £12,000pa. Former Bar and offices are vacant. Total Ratable value combined of £138,000. The area has been calculated to extend to the following net areas: Ground Retail : 153.03m² Ground/basement Public House : 401.36m² Office 1&2 272.36m² Total 826.75m² PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £12,000 PER ANNUM. POTENTIAL TO INCREASE YIELD WITH VACANT OFFICE SPACE
Tenancy Details
Type of Agreement:Length:
Rent: £12,000 per year / £1,000 per month
Yield: 5% (approx)
Tenant: Private Individual
Notes: Retail £12,000pa
Maps & Location
Map Street View SatelliteThe property is situated on the south side of High Street on a busy thoroughfare and vehicular system through the town. University of the West of Scotland lies nearby, with the Paisley Museum & Art Gallery located close to the property. The University of the West of Scotland (UWS), West College Scotland, Renfrewshire Council HQ and the main courts are all within a short walking distance and the immediate area, including the former Paisley Shopping Centre, is subject to regeneration and repurposing into a mixed-use commercial, residential and student accommodation area.
Document Downloads
Pricing Information & Bidding
Opening Bid: £250,000
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.
Submit Offer Now
Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = % of Sale Price (Minimum £3,250 + vat)
Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.
Calculate Deposit & Fee
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 - 45High Street , Paisley