Substantial ground-floor restaurant with strong passing trade and refurbishment potential.
- Freehold double-fronted licensed Class 3 premises
This double-fronted, freehold Class 3 licensed premises occupies 1,652 sq ft on a busy arterial route in Paisley. The open-plan ground-floor restaurant is set up for circa 50–60 covers, with a separate takeaway area, rear kitchen and male, female and accessible toilets. Offers in excess of £175,000 (no VAT) make this a competitively priced owner-occupier or investment proposition.
The location benefits from high passing traffic on Neilston Road, regular bus services and a ten-minute walk to Paisley Canal station. Nearby national and independent occupiers including Co-op, Greggs and Subway provide convenience and some established footfall. The building has modern laminate flooring and standard ceiling heights, and the premises include good mobile signal and fast broadband.
The property presents clear refurbishment potential for a new operator to refresh the décor, improve kitchen fixtures or reposition the offer. Buyers should note the surrounding area is described as very deprived, which can limit local spending power; this makes the site better suited to concepts that attract passing trade, airport/commuter customers or budget-led offers. On-street parking only and some internal redecoration/upgrade will be required.
Overall, this is a substantial, well-located licensed hospitality freehold with immediate trading capability and scope for value-add through investment in the fit-out and concept.
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