47 Kilnside Road, Paisley, Renfrewshire, PA1 1RJ

  • Unconditional Online Auction Sale
  • Guide Price* : £55,000

FOR SALE BY ONLINE AUCTION THURSDAY 25TH AUGUST AT 9.00AM. Double fronted retail unit near Paisley town centre. Estimated potential rental income of £7,500 per annum providing a yield of 13.6% at Guide Price. Ideal opportunity for owner/occupier or investor.

Description

FOR SALE BY ONLINE AUCTION THURSDAY 25TH AUGUST AT 9.00AM. Double fronted retail unit near Paisley town centre. Estimated potential rental income of £7,500 per annum providing a yield of 13.6% at Guide Price. Ideal opportunity for owner/occupier or investor.

Mid-terraced ground floor double-fronted retail premises forming part of larger tenement building. Externally the property benefits from an extensive double shopfront with a central pedestrian access door all protected by manually operated steel roller shutters. Internally the subjects provide a reception/waiting area, two treatment rooms and a WC. The property has previously been operating as a Veterinarian Surgery.

Please note that the fit-out has been formed using stud partitions which will be easily removable to create an open plan concept.
accommodation.

The unit is circa 606sqft. Some occupiers may be eligible for 100% rates relief.

The property is located just half a mile from Paisley town centre, and benefits from free on street parking in front. Estimated rental income is in the region of £7,500 per annum, providing an attractive yield of 13.6% at Guide Price.

Great opportunity to acquire a fantastic investment opportunity near the centre of Scotland's largest town for an attractive price. Ideal for owner/occupiers, small businesses or investors. Easy Access to Town Centre, Royal Alexandra Hospital & University of the West of Scotland, providing a strong tenant base if you choose to lease the unit. The property is further complimented with Glasgow Airport being nearby (8 minute drive), & The M8 motorway leading to most major attractions including Glasgow City Centre (18 minute drive), Glasgow’s West End (20 minute drive) & Greenock (circa 25 minutes). This property is an ideal location for hospital workers & Students. There are local shopping facilities available near this property with extensive recreational facilities at Braehead Shopping Centre & The Xsite Entertainment centre.

Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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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