1-4 High St 2,702 SF Retail Condo Unit Offered at $451,869 in Paisley PA1 2YA
INVESTMENT HIGHLIGHTS
- Well located within the town centre
- Lots of natural light
- Close to transport links
EXECUTIVE SUMMARY
Well Located Heritable Shop Investment. Paisley is the largest town in Renfrewshire, located 8 miles west of Glasgow city centre and the town is in close proximity to Junction 28/29 of the M8 & Junction 3 of the M9 Motorways.
PROPERTY FACTS
| Price | $451,869 |
| Unit Size | 2,702 SF |
| No. Units | 1 |
| Total Building Size | 6,533 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Sale Type | Investment |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 2,178 SF |
| Year Built | 1931 |
| Lot Size | 0.09 AC |
AMENITIES
- Security System
- Signage
- Storage Space
1 UNIT AVAILABLE
Unit Unit 3
| Unit Size | 2,702 SF |
| Price | $451,869 |
| Price Per SF | $167.24 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 13.04% |
| NOI | $58,923.75 |
DESCRIPTION
Ground Floor & Basement comprising a total of 251 sq m (2,702 sq ft).
Let to CCHG Ltd (t/a VPZ) on a lease expiring 2029. September 2024 tenant break option NOT exercised
SALE NOTES
Lot 55 was available for sale at an Allsop online auction to be held on Thursday 1st of May 2025. The property comprises an investment opportunity for sale.
The asking price is between £350,000 to £375,000 representing a gross initial yield of 12.86%.
Interior
Interior
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NEARBY MAJOR RETAILERS
