Log In/Sign up
Your email has been sent.
12-12A High St 3,056 sq ft 100% Let Retail Property Paisley PA1 2BS £155,000 (£50.72/sq ft) 10.32% Net Initial Yield
Investment Highlights
- Attractive High Street investment with long-term tenant (lease to 2033).
- Located within Paisley’s regeneration zone close to UWS, council HQ, and main retail core.
- Affordable price at o/o £155,000 generating strong c.10% yield.
Executive Summary
The property is offered for sale as a freehold retail investment at offers over £155,000, with the benefit of a long-term tenant, Michelle United Ltd, who has occupied the unit since 2008 and continues under a full repairing and insuring lease until April 2033 with a passing rent of £16,000 per annum and a rent review due in 2028. Located on a prominent section of Paisley High Street within a wider regeneration area, the unit provides stable income and strong local footfall supported by nearby institutions such as the University of the West of Scotland and Paisley Museum.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
3,056 sq ft
Costar Property Class
B
Year Built
1860
Price
£155,000
Price per sq ft
£50.72
Yield
10.32%
NOI
£16,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Frontage
38 ft on High Street
Amenities
- Security System
- Roller Shutters
- Storage Space
1 1
Nearby Major Retailers
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
12-12A High St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.