Shopping Centres in G12 available for sale
1

Shopping Centre for Sale near G12

The max can't be less than the min

Shopping Centres for Sale Within 10 miles of the G12

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
See More
LoopNet UK Glasgow Shopping Centres For Sale in G12, Glasgow, UK

Learn More About Investing in Shopping Centres

More Articles
Commercial Property Valuation Calculator
Commercial Property Valuation Calculator
A practical guide to valuing commercial property, covering the methods, factors, and costs every UK investor needs to know.
What is Commercial Property Yield?
What is Commercial Property Yield?
Essential Knowledge for Maximising Your Commercial Property Returns
Understanding Net Initial Yield (NIY)
Understanding Net Initial Yield (NIY)
A Comprehensive Guide for UK Investors
Gross Yield in Commercial Property Analysis
Gross Yield in Commercial Property Analysis
Essential Knowledge for UK Property Investors and Owners
Equivalent Yield Explained: Evaluating Commercial Property Returns
Equivalent Yield Explained: Evaluating Commercial Property Returns
How to calculate equivalent yield, what it reveals about a property's return potential, and why UK commercial investors rely on it to compare and value assets.
Understanding Reversionary Yield in Commercial Property Investment
Understanding Reversionary Yield in Commercial Property Investment
Calculating Future Potential for UK Property Investors
What is Rental Yield in Commercial Property Investing?
What is Rental Yield in Commercial Property Investing?
Understanding Property Investment Returns and Income Assessment
Internal Rate of Return (IRR) Calculator Explained
Internal Rate of Return (IRR) Calculator Explained
Maximise Returns on Your UK Commercial Property Portfolio with Calculated IRR

FAQs about G12 Shopping Centres For Sale

Learn More
How many Shopping Centre listings are available for sale in G12?
There are currently 0 Shopping Centres on the market in and around G12.
How much does it cost to buy Shopping Centre in G12?
Asking prices in G12 range based on market conditions.

Discover More Shopping Centres for Sale in the G12

LoopNet - the worlds No. 1 commercial property marketplace.

Other Property Types
Resources
Major Investment Markets