4 High Street, Let VPZ Investment, Paisley, PA1 2YA
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Read more Read moretatus: Available Type: Commercial Ownership: Freehold Occupation: Tenanted Rateable Value: Search INCOME PRODUCING INVESTMENT Ground floor & basement mid-terraced retail unit set within a larger commercial development. Let on a FRI lease with 4 years remaining producing £45,000 per annum. The property has been measured on a net internal floor area basis & calculated to extend to the following;
Ground: 142.38sqm (1,533sq ft) Basement: 108.62sqm (1,169sq ft) Total: 251sqm (2,702sq ft) Let to VPZ Passing Rent: £45,000p.a Expiry: September 2029 Rarely available town centre investment - Prime Thoroughfare - Highly Desirable Opportunity SUPER TRADING POSITION *** with highly visible frontage. PRIME INVESTMENT PROPERTY in excellent trading position PERFECT ADDITION TO ANY PORTFOLIO The property is situated close to the former Paisley Shopping Centre which is subject to regeneration and repurposing into a mixed-use commercial, residential and student accommodation area. INCOME PRODUCING INVESTMENT Ground floor & basement mid-terraced retail unit set within a larger commercial development. Let on a FRI lease with 4 years remaining producing £45,000 per annum. The property has been measured on a net internal floor area basis & calculated to extend to the following; Ground: 142.38sqm (1,533sq ft) Basement: 108.62sqm (1,169sq ft) Total: 251sqm (2,702sq ft) Let to VPZ Passing Rent: £45,000p.a Expiry: September 2029 Rarely available town centre investment - Prime Thoroughfare - Highly Desirable Opportunity. . CCHG Ltd is the trading name of VPZ operating Vape and electronic cigarette stores throughout the U.K by way of stores and wholesale distribution. For the financial year ending 31st December 2023, CCHG Ltd reported an annual turnover of £46.3m with a pre-tax profit of £3.37m. SUPER TRADING POSITION *** with highly visible frontage. PRIME INVESTMENT PROPERTY in excellent trading position PERFECT ADDITION TO ANY PORTFOLIO The property is situated close to the former Paisley Shopping Centre which is subject to regeneration and repurposing into a mixed-use commercial, residential and student accommodation area. The property is situated on the south side of High Street on a busy thoroughfare and vehicular system through the town. University of the West of Scotland lies nearby, with the Paisley Museum & Art Gallery located close to the property.
The University of the West of Scotland (UWS), West College Scotland, Renfrewshire Council HQ and the main courts are all within a short walking distance and the immediate area, including the former Paisley Shopping Centre, is subject to regeneration and repurposing into a mixed-use commercial, residential and student accommodation area. Full Address: 4 High Street, Let VPZ Investment, Paisley, PA1 2YA
