Timed Online Auction

16 December 2021, 10am-3pm

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  • TypeLand
  • Ownership Freehold
  • Occupation Vacant
  • Bedrooms 0

Description

Full Address:  School Wynd, Plot of Land, Paisley, PA1 2DA

Town Centre Gap Site with Previous Planning for a Block of 8 Flats. Located within the Historic School Wynd address in the Heart of Paisley. Easily surrounded by the finest architecture in the town

PREVIOUS PLANNING - NOW LAPSED - GRANTED FOR THE A DEVELOPMENT OF 8 RESIDENTIAL FLATS. Full Planning reference - 05/0420/PP Renfrewshire Council Planning Department.

SALES EVIDENCE: 13 School Wynd SOLD 75,000, 19 School Wynd SOLD 75,000, 15 School Wynd SOLD 81,000, 13 School Wynd SOLD 84,500, 15 School Wynd SOLD 79,995, 13 School Wynd SOLD 71,150.

Site Extends to Approximately 2,395.8 sq.ft and Fronts Directly to School Wynd - Potential for Town Centre Development with Potential Change of Use (Subject to researching and gaining the necessary Consents).

Paisley is located 7 miles from Glasgow City Centre. It is recognised as the administrative centre for Renfrewshire and is host to Renfrewshire Council headquarters and Glasgow International Airport

Rarely Available Town Centre Gap Site with LAPSED Planning for a Block of 8 Flats Located within the Popular Historic School Wynd within the Heart of Paisley Town Centre. PREVIOUS PLANNING GRANTED FOR THE ERECTION OF 8 RESIDENTIAL FLATS PLANNING REFERENCE: 05/0420/PP. SALES EVIDENCE: 13 School Wynd SOLD 75,000, 19 School Wynd SOLD 75,000, 15 School Wynd SOLD 81,000, 13 School Wynd SOLD 84,500, 15 School Wynd SOLD 79,995, 13 School Wynd SOLD 71,150. Site Extends to Approximately 2,395.8 sq.ft and Fronts Directly to School Wynd - Potential for Town Centre Development with Potential Change of Use (Subject to researching and gaining the necessary Consents). Ideal for student accommodation due to the properties close proximity to the University of the West of Scotland Paisley Campus.

Paisley is located only 7 miles from Glasgow City Centre. It is the administrative centre for Renfrewshire and is host to Glasgow International Airport and Major Regional Institutions including the University of West of Scotland & Hospitals. This excellent affordable turn key investment opportunity expected to be popular for rental amongst students from the University of The West of Scotland and professionals and key workers including Doctors, Nurses and Staff working at the Royal Alexandra Hospital which is located a short distance away. Braehead Shopping Centre is easily accessed as is the Xscape Leisure Centre.

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Pricing Information & Bidding

Opening Bid: £76,000

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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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 16 December 2021, 10am-3pm
Type: Timed Online Auction

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