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Tenanted Commercial Property , 12 Well Street, Paisley, PA1 2SW

not specified / Retail / Investment

For Sale - £50,000.00

Available - Last updated: 14 October 2024

Fantastic High Yielding Commercial Investment located on a busy street in Paisley. *** Immediate cashflow***

Sure to appeal to investors looking for a hands-off investment vehicle producing rental income from day one!

 The property generates 400 PCM (4,800 P/A) which would provide an amazing gross yield of 8% if achieved for our guide price of £65,000. 

Is a perfect chance for someone looking to acquire a cheap cash-flowing investment vehicle.

The property benefits from a spacious main facility room, shop front, and ample storage throughout. The property is based in a densely populated residential location. Massively benefits from High passing trade. The property is also easy to access with links to the M8, A737, M77, and the A726 connecting you to the M77 motorway.

The property currently has a rateable value of £2,300. This is under the threshold for rates meaning no rates to pay for small businesses.

The property has a Guide price of 65,000 and is sure to appeal to investors looking for Potentially High-yielding investment property.

Location

Paisley, PA1 2SW, is a vibrant town located in the heart of Renfrewshire. Known for its rich history and cultural heritage, Paisley offers a wide range of local amenities including shopping centers, cafes, restaurants, and parks. The town boasts excellent transport links, with Paisley Gilmour Street railway station providing frequent services to Glasgow and surrounding areas. Additionally, the town is well-served by local bus routes. For those traveling by car, the M8 motorway is conveniently nearby, offering easy access to Glasgow, Edinburgh, and beyond. Paisley's blend of urban conveniences and historic charm makes it an attractive destination for residents and visitors alike.

Accommodation

The property benefits from a busy location, spacious main facility room, shop front, and ample storage throughout.

Terms

Guide Price - £50,000

Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.

Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.

Specification

  • Fantastic High Yielding Commercial Investment located on a busy street in Paisley.***Immidate cashflow***
  • The property generates 400 PCM (4,800 P/A) which would provide an amazing gross yield of 8% if achieved for our guide price of £65,000. 
  • The property benefits from a spacious main facility room, shop front, and ample storage throughout. The property is based in a densely populated residential location., Massively benefits from High passing trade. 
  • This property is a perfect chance for someone looking to acquire a cheap cash-flowing investment vehicle.
  • Sure to appeal to investors looking for a hands-off investment vehicle producing rental income from day one! 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £50,000.00 NA

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Contact agents

John Morris & Luis Guarin

Prime Property Auctions

0141 538 0212

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