6 Glasgow Road Paisley PA1 3QA

6 Glasgow Road
Paisley
PA1 3QA

Heritable Retail Investment with Vacant Office Opportunity

Tenants include Superslice Ltd t/a Pizza Hut on a 20 year Lease until 2024
Prominent arterial road location close to town centre
Nearby occupiers include Subway and Cooperative Pharmacy
Asset management opportunity
On site car parking for approximately 10 cars
Six Week Completion

Lot
51
Auction
22nd May 2014
Status
Sold
Price
£286,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Heritable Retail Investment with Vacant Office Opportunity

Tenants include Superslice Ltd t/a Pizza Hut on a 20 year Lease until 2024
Prominent arterial road location close to town centre
Nearby occupiers include Subway and Cooperative Pharmacy
Asset management opportunity
On site car parking for approximately 10 cars
Six Week Completion

Lot 51
Auction 22nd May 2014
Status Sold
Price £286,000
Sector
High Street Retail
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 10 miles west of Glasgow
Roads: A761, M8
Rail: Paisley Gilmour Street
Air: Glasgow International Airport

Situation

The property is situated in a prominent roadside location on Glasgow Road (A761 arterial route from Glasgow City Centre). The property is located close to the major junction with Mill Street and Incle Street to the east of the town centre. Immediately behind the property is the Lagoon Leisure Centre, the main swimming and sports centre for the town.

Tenure

Heritable.

Location

Miles: 10 miles west of Glasgow
Roads: A761, M8
Rail: Paisley Gilmour Street
Air: Glasgow International Airport

Situation

Tenure

Heritable.

Description

The property comprises two ground floor retail units and four floors of offices above with separate access from the front of the property. The property also benefits from 10 car parking spaces at the rear accessed from Millar Street. The vacant offices present an asset management opportunity or for potential change of use to residential (subject to consents).

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis.
Telephone: +44 (0)131 554 1705.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis.
Telephone: +44 (0)131 554 1705.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews/(Reversion)
Ground	Retail	81.56 sq m	(878 sq ft)	MR & MRS LEON RICE t/a Chameleon Tattoos	10 years from 10/05/2006	£15,000	(09/05/2016)
Ground	Retail	90.02 sq m	(969 sq ft)	SUPERSLICE LIMITED t/a Pizza Hut	20 years from 04/08/2004 until 05/08/2024 (1)	£20,000	04/08/2014 and 04/08/2019
First	Office	201.87 sq m	(2,173 sq ft)	VACANT
Second	Office	208.10 sq m	(2,240 sq ft)	VACANT
Third	Office	204.75 sq m	(2,204 sq ft)	VACANT
Fourth	Office	210.79 sq m	(2,269 sq ft)	VACANT
Totals		997.09 sq m	(10,733 sq ft)			£35,000