10-12, High Street, Paisley, PA12BS
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- SIZE
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- SECTOR
Commercial property for sale
Key features
- INCOME PRODUCING INVESTMENT*** Ground Floor retail Unit in Prime High Street Position. Tenanted producing £16,000 per annum on a FRI Lease. City Centre Location
- The property is held on a full repairing and insuring head lease on the following terms; Tenant: Michelle United Ltd Expiry: 14th April 2033 Passing Rent: £16,000p.a.x. Review: April 2028
- The property offers a single frontage with open plan retailing space with partitioned w.c and tea prep to the rear. The property benefits from a mezzanine level used for ancillary storage.
- The area has been calculated to extend to the following net areas: Ground: 52.49sqm (565sq ft) Mezz: 10.21sqm (110sq ft) Total: 62.70sqm (675sq ft)
- PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £16,000 PER ANNUM
Description
** SALE BY AUCTION - 09 July 2026 - Timed Online Auction **
INCOME PRODUCING INVESTMENT*** Ground Floor retail Unit in Prime High Street Position. Tenanted producing £16,000 per annum on a FRI Lease. City Centre Location The property is held on a full repairing and insuring head lease on the following terms; Tenant: Michelle United Ltd Expiry: 14th April 2033 Passing Rent: £16,000p.a.x. Review: April 2028 The property offers a single frontage with open plan retailing space with partitioned w.c and tea prep to the rear. The property benefits from a mezzanine level used for ancillary storage. The area has been calculated to extend to the following net areas: Ground: 52.49sqm (565sq ft) Mezz: 10.21sqm (110sq ft) Total: 62.70sqm (675sq ft) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £16,000 PER ANNUM
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.
Auction Details
09 July 2026, 10am-3pm
Timed Online Auction
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10-12, High Street, Paisley, PA12BS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Paisley Gilmour Street Station0.1 miles
- Paisley Canal Station0.4 miles
- Paisley St. James Station0.8 miles
Notes
Disclaimer - Property reference 14492058. 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 Future Property Auctions, Glasgow. 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.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”