Summary - High Street, Paisley, Renfrewshire, PA1 PA1 2YA
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime city centre location on bustling High Street
- Ground and basement retail space totaling 802 sq ft
- Secure, long-term lease with Stewart Travel until August 2028
- Annual passing rent of £21,000
- High standard interior with spacious display window
- Close proximity to educational institutions and ongoing regeneration projects
**Potential Concerns:**
- Short remaining lease period may complicate financing options
- 5 years left on the lease could deter some lenders
- Area is noted as "very deprived"
Located in the vibrant centre of Paisley, this spacious retail property offers an exceptional investment opportunity. With a prominent display window and a high-quality interior, this ground and basement unit spans a generous 802 sq ft. Currently let to Stewart Travel, a credible tenant with a strong credit rating, this property guarantees a steady income of £21,000 per annum until August 2028.
Nestled near the University of the West of Scotland and various amenities, the location is ideal for attracting foot traffic and a diverse customer base. While the remaining lease term may present challenges for mortgage financing, the ongoing regeneration of the area enhances the potential for long-term value appreciation. Act quickly to secure this viable investment – properties in such prime locations are rarely available for long!
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