4 Orr Square, Paisley, Renfrewshire, PA1 2DL

  • Unconditional Online Auction Sale
  • Guide Price* : £89,000

SALE BY ONLINE AUCTION 9TH JULY 2020 AT 9.00AM - Entire two storey building for sale in Paisley town centre. Multiple development options - could be converted into two main door flats (STP) or can be used as office premises

Description

SALE BY ONLINE AUCTION 9TH JULY 2020 AT 9.00AM - ***ENTIRE BUILDING FOR SALE*** Excellent potential to develop 2 Main Door flats (STP) in this Fantastic Central Paisley Building*** The property benefits from having fabulous internal Layout***Located Next to University of West of Scotland***

· Incredible Re-Development / Investment Potential***100% Prime Central Location***Ideal for tenants***Exciting Opportunity***Overlooking The Exclusive Oakshaw Conservation District***Potential Estimated Resale Value in excess of £200,000***

· The district is a popular rental location for students studying at The University of The West of Scotland, Key Workers at Glasgow Airport & The Royal Alexandra Hospital.***Exclusive Rarely Available Opportunity***

· Exclusive & Sought after District within Paisley:**Flat 18 Orr Square Sold £125k (March 18)***Flat 8 Orr Square Sold £129k (July 17)***Sought After Central Conservation District***

· The property is located next to the University of the West of Scotland, The Royal Alexandra Hospital, The High Street & The Paisley Centre complimented with easy access to Gilmour Street Train Station.

Unique opportunity to acquire a Full 2 storey building with exceptional developement potential to convert into 2 separate flats subject to obtaining all necessary consents*** 100% Prime Location***The property is was most recently used as a hair salon and is currently classed as a commercial property. Planning permission will be reqired for change of use to residential.*** Close to The University of West of Scotland*** ***This building could be converted to form a House of multiple occupancy (HMO) investment or into a number of smaller studio flats (all subject to receiving the relevant planning consents)***Prime Opportunity close to the Former Territorial Army Building which is currently being re-developed in what is seen to be another iconic development in Paisley’s Central University Quarter. ***Ideal for student rental***This building offers an exceptional opportunity for a Developer / Investor looking to acquire a great property with*Outstanding Potential*. The Location is ideal for letting being next to The University of West of Scotland, close to Paisley Town Centre with its Shopping centre, High Street & Train Stations. Further benefits include being close to the Royal Alexandra Hospital with Glasgow Airport being a short drive away, this property is a potential location for hospital workers. There are local shopping facilities available on adjacent streets to this property with extensive recreational facilities at Braehead Shopping Centre & The Xscape Entertainment centre. Furthermore, Paisley offers a plethora of Historic & Cultural pursuits centred around the acclaimed Paisley Museum & Art Galleries. The M8 motorway is nearby giving easy access to Glasgow City Centre (Circa 12 minutes) & Greenock (23 minutes)**

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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