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76 High St 1.67 Acres of Residential Land in Paisley PA1 2AY

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INVESTMENT HIGHLIGHTS

Full planning consent approved for purpose-built student accommodation (PBSA) scheme
Site of former iconic territorial army building

169 rooms for up to 338 students
Located directly opposite University of the West of Scotland

EXECUTIVE SUMMARY

The granted consent consists of the retention of the original building façade and the construction of a new part 6 and part 7 storey extensions to the rear which will be arranged around a courtyard area. The approved consent is for the provision of 169 cluster flats which would be able to house up to 338 students. 10 rooms would be accessible rooms. All rooms would be twin rooms with en-suite shower and toilet together with shared kitchen and common rooms. The design allows for different occupational mixes. Option 1 is a 20/50/30
mix of Twin/Single/Double rooms. Option 2 being a 70/30 split between single and double rooms. A feature of the proposed scheme is that of covered bicycle parking for 84 bikes with no allocation for private car.

TA Building Details PDF (1)

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Residential
Tenure	Freehold	Proposed Use	Flats
No. Plots	1	Total Plot Size	1.67 ac
Property Type	Land

Sale Type	Investment
Tenure	Freehold
No. Plots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Flats
Total Plot Size	1.67 ac

1 PLOT AVAILABLE

Plot

Total Plot Size	1.67 ac

Total Plot Size	1.67 ac

The site has a prime location positioned directly opposite the Paisley campus of the University of the West of Scotland. The campus is home to around 10,000 students.

DESCRIPTION

The subjects are situated on the north side of High Street within the town centre and lie a short distance to the west of the central shopping area. The subjects are neighboured by Paisley Museum & Art Gallery to the east and Coats Paisley to the west. Paisley Museum is undergoing a major refurbishment of as part of a 4 year long £42m transformation of the venue and this is a flagship project in a £100 million investment in Paisley Town centre over the next few years. The total developable area is approximately 6,788 sqm or thereby.