Summary - 2010 Bar, 80 High Street, Johnstone, Renfrewshire PA5 8SP
1 bed 1 bath Commercial Property
Freehold Victorian unit with strong transport links and conversion potential.
Busy High Street location with regular pedestrian footfall
This rarely available freehold commercial unit occupies a busy High Street position in Johnstone. The property is a three-storey Victorian building with high ceilings, a main bar area, cellar storage and scope for conversion to alternative uses subject to planning permission. Transport links are strong, with Johnstone station under a mile away and easy access to the A737 and M8.
The property is offered with a sitting tenant paying £770 pcm (£9,240 pa), producing an indicative 18% rental yield at the guide price. The tenant intends to wind down the business, creating an opportunity to re-tenant or repurpose the building. Eligible small businesses may benefit from 100% rates relief under the Scottish Government’s Small Business Bonus Scheme. EPC rating E — a copy is available on request.
Buyers should note material sale conditions: the property will be sold at auction and a buyer’s premium of 3.6% (minimum £3,600 inclusive of VAT) normally applies. The building requires renovation and modernisation, and the surrounding area is classified as very deprived, which can affect long-term footfall and resale values. No tests have been made of services or fixtures; purchasers should satisfy themselves on condition and permissions before bidding.
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