No longer on the market
This property is no longer on the market
MapOffice
Auction
Sold STC
Office
861
Features and description
- Exceptional opportunity to acquire a tenanted commerical investment property in centre of paisley town centre
- High footfall, excellent transports links, and a strong local customer base
- High potential annual rental yield of 10.43% (based on market rental value and guide price)
FOR SALE BY ONLINE AUCTION WEDNESDAY 18TH OF JUNE 2025 AT 9.00AM - *EXCEPTIONAL OPPORTUNITY TO ACQUIRE A TENANTED COMMERICAL INVESTMENT PROPERTY IN CENTRE OF PAISLEY TOWN CENTRE*HIGH FOOTFALL, EXCELLENT TRANSPORTS LINKS, AND A STRONG LOCAL CUSTOMER BASE*HIGH POTENTIAL ANNUAL RENTAL YIELD OF 10.43% (BASED ON MARKET RENTAL VALUE AND GUIDE PRICE*
*KEY FEATURES*
- Location: 47 Causeyside Street, PA1 1YN a busy arterial route with excellent visibility.
- Tenant in Place (Your First Advocacy Ltd): Secure income stream from an established commercial tenant.
- Rental Income: Market rental value is £12,000 per annum, and based on the guide price, this represents high potential annual rental yield of 10.43%
- Versatile flexible with potential for a range of uses (subject to planning permissions).
- Property Description: Well-presented ground floor retail unit with large display frontage, generous floor space, rear storage/office area, and WC facilities.
- Size: Approximately 861 square feet.
- Nearby Occupiers: independent cafes and national retailer outlets a strong tenant mix enhancing commercial activity in the area.
- Good transport links - Located just minutes from Paisley Gilmour Street Train Station, with direct connections to Glasgow.
*This property represents an ideal low-risk investment for private investors or portfolio buyers seeking stable returns in a high-demand retail location.*
*RECENT NEARBY RESIDENTIAL PROPERTY SALES*
- 35 Kelbourne Drive, Paisley, PA1 3PH - SOLD FEB'25 - 3 Bedroom - £325,000
- 13 Arondale Drive, Paisley, PA1 3TN - SOLD FEB'25 - 3 Bedroom - £297,000
- 22, Cyril Crescent, Paisley, PA1 1GT - SOLD FEB'25 - 3 Bedroom - £185,000
Paisley is a large town situated in the west central Lowlands of Scotland. Located north of the Gleniffer Braes, the town borders the city of Glasgow to the east, and straddles the banks of the White Cart Water, a tributary of the River Clyde. It serves as the administrative centre for the Renfrewshire council area, and is the largest town in the historic county of the same name. It is often cited as "Scotland's largest town" and is the fifth largest settlement in the country, although it does not have city status. Paisley has a population of 77,267 as of 2024.
*Great transport links Close to the M8 Motorway*Glasgow Airport*Train Station*Town Centre* This property is situated close to The University of West of Scotland*Popular Location for students. This is an excellent opportunity to acquire a property which offers excellent affordable rental prospects. The Location is ideal for letting to students at The University of West of Scotland, close to Paisley Town Centre with its Shopping centre, High Street & Train Stations. Further benefits include being close to the Royal Alexandra Hospital with Glasgow Airport being a short drive away, this property is a potential location for hospital workers. There are local shopping facilities available on adjacent streets to this property with extensive recreational facilities at Braehead Shopping Centre & The Xscape Entertainment centre. Furthermore, Paisley offers a plethora of Historic & Cultural pursuits centred around the acclaimed Paisley Museum & Art Galleries.
GUIDE PRICE - £115,000
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
*KEY FEATURES*
- Location: 47 Causeyside Street, PA1 1YN a busy arterial route with excellent visibility.
- Tenant in Place (Your First Advocacy Ltd): Secure income stream from an established commercial tenant.
- Rental Income: Market rental value is £12,000 per annum, and based on the guide price, this represents high potential annual rental yield of 10.43%
- Versatile flexible with potential for a range of uses (subject to planning permissions).
- Property Description: Well-presented ground floor retail unit with large display frontage, generous floor space, rear storage/office area, and WC facilities.
- Size: Approximately 861 square feet.
- Nearby Occupiers: independent cafes and national retailer outlets a strong tenant mix enhancing commercial activity in the area.
- Good transport links - Located just minutes from Paisley Gilmour Street Train Station, with direct connections to Glasgow.
*This property represents an ideal low-risk investment for private investors or portfolio buyers seeking stable returns in a high-demand retail location.*
*RECENT NEARBY RESIDENTIAL PROPERTY SALES*
- 35 Kelbourne Drive, Paisley, PA1 3PH - SOLD FEB'25 - 3 Bedroom - £325,000
- 13 Arondale Drive, Paisley, PA1 3TN - SOLD FEB'25 - 3 Bedroom - £297,000
- 22, Cyril Crescent, Paisley, PA1 1GT - SOLD FEB'25 - 3 Bedroom - £185,000
Paisley is a large town situated in the west central Lowlands of Scotland. Located north of the Gleniffer Braes, the town borders the city of Glasgow to the east, and straddles the banks of the White Cart Water, a tributary of the River Clyde. It serves as the administrative centre for the Renfrewshire council area, and is the largest town in the historic county of the same name. It is often cited as "Scotland's largest town" and is the fifth largest settlement in the country, although it does not have city status. Paisley has a population of 77,267 as of 2024.
*Great transport links Close to the M8 Motorway*Glasgow Airport*Train Station*Town Centre* This property is situated close to The University of West of Scotland*Popular Location for students. This is an excellent opportunity to acquire a property which offers excellent affordable rental prospects. The Location is ideal for letting to students at The University of West of Scotland, close to Paisley Town Centre with its Shopping centre, High Street & Train Stations. Further benefits include being close to the Royal Alexandra Hospital with Glasgow Airport being a short drive away, this property is a potential location for hospital workers. There are local shopping facilities available on adjacent streets to this property with extensive recreational facilities at Braehead Shopping Centre & The Xscape Entertainment centre. Furthermore, Paisley offers a plethora of Historic & Cultural pursuits centred around the acclaimed Paisley Museum & Art Galleries.
GUIDE PRICE - £115,000
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
About this agent
Online Property Auction Group are revolutionizing the way buyers and sellers engage in the property market. Offering a fast, transparent, and accessible platform, our auctions provide an innovative alternative to traditional property transactions. Whether you're a seasoned investor or a first-time buyer, Online Property Auction Group eliminate the need for lengthy negotiations and streamline the entire process, allowing participants to bid from the comfort of their own homes. With the UK diverse property market — from bustling city apartments to serene countryside estates — Online Property Auction Group open up a world of opportunity, making it easier than ever to secure your ideal property.