Summary - 65, HIGH STREET PA1 2AS
1 bed 1 bath Commercial Development
**Standout Features:**
- Prominent corner location in busy Paisley Town Centre
- Well-presented café premises with open-plan design
- Net internal area of 143.13 sqm (1,541 sqft) over two floors
- 20-year lease with current rent of £22,500 pa and 5 years remaining
- Offers over £170,000 invited, providing a 13% net initial yield
- 100% rates relief eligibility (subject to occupier status)
This commercial development at 65 High Street, Paisley, is a prime investment opportunity situated in a bustling area surrounded by key amenities such as the University of the West of Scotland and a range of shops, cafés, and cultural venues including the Paisley Museum & Art Gallery. The well-maintained café features a spacious open-plan seating area, a contemporary commercial kitchen, and sufficient storage space in the basement, making it ideal for continued operation as a hospitality business.
Potential buyers should note the favorable net yield and solid foot traffic generated by the location, perfect for investors looking to capitalize on the ongoing local regeneration. However, with a lease only six years remaining, it may pose challenges for mortgage financing. The vibrant urban setting offers easy access to public transport and a wealth of leisure activities, ensuring consistent patronage. This property holds promise not only for operational continuity but also for future growth, enhancing its allure in the fast-evolving commercial landscape of Paisley.
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