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6 Glasgow Rd 1,033 sq ft Retail Unit Offered at £240,000 in Paisley PA1 3QA
Investment Highlights
- Occupiers close by include residential and a variety of local businesses
- The town is in close proximity to Junction 28/29 of the M8 & Junction 3 of the M9 Motorways
- Paisley Canal Rail Station is 0.8 miles south from the property, providing services to Glasgow Central
Executive Summary
The property is situated on the south side of Glasgow Road, close to its junction with Mill Street. Paisley is the largest town in Renfrewshire, located 8 miles west of Glasgow city centre.
Property Facts
| Total Property Size | 11,020 sq ft | Typical Floor Size | 2,204 sq ft |
| Property Type | Office (Unit) | Year Built | 1968 |
| Costar Property Class | C | Total Plot Size | 0.09 ac |
| Floors | 5 |
| Total Property Size | 11,020 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | C |
| Floors | 5 |
| Typical Floor Size | 2,204 sq ft |
| Year Built | 1968 |
| Total Plot Size | 0.09 ac |
Amenities
- Security System
- Signage
1 Unit Available
Unit 6
| Unit Size | 1,033 sq ft | Tenure | Freehold |
| Price | £240,000 | Net Initial Yield | 10.42% |
| Price Per sq ft | £232.33 | NOI | £25,008 |
| Unit Use | Retail | Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Unit Size | 1,033 sq ft |
| Price | £240,000 |
| Price Per sq ft | £232.33 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 10.42% |
| NOI | £25,008 |
| Sale Conditions | Auction Sale |
Description
The property comprises a retail unit across the ground floor, with total accommodation of approx. 96 sq m (1,033 sq ft).
Sale Notes
Heritable takeaway restaurant investment with a guide price of £240,000-£260,000.
15 years from Completion Rent review every 5th year (2)Tenant break option in 10th year FR& I subject to schedule of condition.
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6 Glasgow Rd
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