47 Kilnside Road, Paisley, Renfrewshire, PA1 1RJ

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

FOR SALE BY ONLINE AUCTION THURSDAY 20TH OCTOBER 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 20TH OCTOBER 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. All prices quoted are exclusive of VAT.

* 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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