9-11 New Street, Paisley, Renfrewshire, PA1

Prime Town Centre Position
1,313sq ft
Held on F.R.I Lease
Let to MacNairs & Wilson Solicitors
Extended to November 2032
Passing Rent: £12,000p.a.
Review 2025 / 2028 / 2031
Sale: o/o £125,000


Location

The property is situated on the east side of New 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.

Property

The property comprises a double fronted, ground floor former office within a larger 4 store traditional sandstone tenemental building.

The property offers a substantial frontage with partially recessed single entrance door.

Internally, the property offers main reception, with a number of partitioned office suites, meeting rooms, staff room, w.c facilities and storage room.

Area

Ground: 122sqm (1,313sq ft)

NAV/RV

£10,500

Lease Summary

The property is held on a full repairing and insuring head lease to MacNair & Wilson Ltd solicitors. The lease has been extended to expire on the 28th November 2032 with tenants option to break in November 2027 with rent review cycles 3 yearly commencing on 28th November 2025

Sale

Offers over £125,000 are invited for our clients freehold interest

V.A.T

Figures quoted are exclusive of V.A.T

EPC

Available on request

Viewing

Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business

Legal

Each party shall bear their own legal costs incurred in the transaction

Anti Money Laundering

TSA Property Consultants are regulated by HMRC in its compliance with the UK Money Laundering under the 5th Directive of the Money Laundering Regulations, effective from 10th January 2020, the agents are required to undertake due diligence on interested parties.