Shopping Centres for sale in Drumchapel, Glasgow

Shopping Centres in Drumchapel available for sale

Shopping Centres for Sale Within 10 miles of the Drumchapel, Glasgow

More details for 23 High St, Paisley - Retail for Sale

Paisley Local Market - 23 High St

Paisley, PA1 2AF

Office for Sale
£800,000
69,201 sq ft
1 Unit Available

Air Conditioning
Security System

Paisley Retail for Sale - Glasgow

The ground floor is let to Poundstretcher Limited on a full repairing and insuring lease expiring on 6 September 2028. The rent passing is £120,000 per annum (£5.20/sqft). The tenant has been in occupation since 2018 and had a break option in 2023, which they did not exercise. The lower ground floor is let to Renfrewshire Council, who use it to store, maintain and meticulously repair artifacts exhibited in the Paisley Museum. Their lease expires on 15 May 2036 at a rent of £1 pa. Whilst there are rent review provisions within the lease, the reversion to full rental value will only apply if the subjects are used for commercial purposes or on expiry of the current lease. The tenant has spent significant sums on temperature and moisture control of the whole facility. Once Renfrewshire Council’s lease expires on 12/5/36, there will be an opportunity to charge commercial rent. Using only £2/sq ft generates a further £46,000 in annual rent, bringing the total yield of the property to 19.69% at a purchase price of £800,000.

Contacts:

Sheridan Keane Real Estate Investment

Inglis Howie Property Consultants

Property Subtype:

Shopfront

Date on Market:

18/03/2026

Hide

More details for Buchanan St, Glasgow - Retail for Sale

Buchanan Galleries - Buchanan St

Glasgow, G1 2GF

Retail for Sale
£130,000
371,847 sq ft

Air Conditioning
Security System

Glasgow Retail for Sale

• For rental purposes, the property could potentially attract an annual rental income of £15,000 - £18,000 per annum. Fantastic high yield potential. • Sure to appeal to shrewd commercial investors looking for a high yielding opportunity in a prime city centre location • Property is situated in a prime location in Glasgow, just a short 7 minute walk to Glasgow Central Station and close by to a whole host of local amenities. Property is ready to let / occupy and is finished to a fantastic standard. Excellent high yield potential. Property could potentially achieve £15,000-£18,000 per annum in rental income. Glasgow is Scotland’s largest city, known for its affordable living, vibrant culture, and strong economy. It boasts top universities, excellent transport links, and plenty of green spaces, making it a desirable place to live. For investors, Glasgow offers strong rental yields, ongoing regeneration projects, and a booming economy, particularly in finance, tech, and tourism. With lower property prices than other major UK cities, it presents a great opportunity for both residential buyers and investors looking for growth and stability.