10-12 High Street, Paisley, PA1 2BS
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Read more Read moreA freehold commercial property investment is available, currently tenanted and generating an annual rental income of £16,000. The ground floor retail unit is located on a busy thoroughfare in the city centre, with a total area of approximately 62.70 sqm (675 sq ft), which includes a ground floor space of 52.49 sqm (565 sq ft) and a mezzanine level of 10.21 sqm (110 sq ft). The property features a single frontage, open plan retail space, and includes partitioned W.C. and tea preparation facilities at the rear. The lease is held on a full repairing and insuring basis, with the current tenant, Michelle United Ltd, having a lease expiry date of 14th April 2033 and a rent review scheduled for April 2028. Nearby amenities include the University of the West of Scotland, West College Scotland, and the Paisley Museum & Art Gallery, with ongoing regeneration in the area aimed at creating a mixed-use commercial and residential environment.
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