The Bungalow, 15 Shuttle Street, Paisley, PA1 1YD
Size
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Tenure
Freehold
EPC
Parking
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- Primary use
- Bar or nightclub
No floor / site plan
Key features
- Licensed Investment
- Long Term Lease to Experienced Operator
- Situated in Town Centre
- Gross Yield - 10.04%
- Live Music Venue
- Energy Rating D
- Christie & Co Ref: 6854111
Description
An excellent opportunity to acquire a licensed investment situated in the heart of Paisley.
The Bungalow is a long established live music venue and licensed bar. It is widely regarded as one of Scotland’s most important grassroots music venues, with a reputation extending well beyond Renfrewshire.
The Bungalow is situated in the heart of Paisley Town Centre, an established and well connected commercial location. The property is just off Paisley High Street, placing it within close proximity to several other businesses in the retail, leisure and hospitality sectors.
The location benefits from excellent public transport links, with Paisley Gilmour Street Railway Station nearby providing regular services to Glasgow and the wider Central Belt, alongside good local bus services serving the town centre and surrounding districts.
Predominantly single‑storey purpose‑adapted leisure venue. Large open‑plan main performance space allowing flexible audience layouts. Raised stage area designed for live music and events with an integrated licensed bar servery positioned for efficient service.
There is back-of‑house accommodation including staff, performer and storage areas.
Robust practical finishes designed for heavy footfall and regular events with adaptable layout suited to live music, performances, club nights and community events. Overall internal capacity reported at c.290-500.
The Bungalow comprises an attractive detached single‑storey building of traditional construction finished in a white rendered exterior beneath a pitched slate roof.
The OpportunityThis opportunity will appeal to investors who are keen to grow their portfolios however, would also suit those looking to invest for the first time with cash or via a SIPP. Either way, this will provide a good steady income.
The tenant's lease was due to expire in 2028 however, this has since been extended to 2036, which demonstrates they are determined to continue growing the business.
The Bungalow has won several awards over the years.
For the avoidance of doubt, the business is not for sale - investment only.
• FRI Lease to The Bungalow Enterprises CIC
• Lease Expiry - 2036
• Annual Rent - £21,600
The Rateable Value as at 1 April 2026 is £27,000. Confirmation of actual rates payable can be obtained from the local Authority.
RegulatoryPremises License
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Business for sale
- Yes
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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The Bungalow, 15 Shuttle Street, Paisley, PA1 1YD
We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.
If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.
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Disclaimer - Property reference 6854111-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie Owen & Davies Ltd, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.











