33 High Street
Paisley
Renfrewshire
PA1 2AF

High Yielding Heritable Retail Investment

  • Prominent corner position on pedestrianised High Street, close to The Paisley Centre
  • Let to Individual until November 2034 (no breaks)
  • Ground floor retail unit with storage at first floor
  • Neighbouring occupiers include Sports Direct, Superdrug, TSB and Marks and Spencer Outlet
  • Lot
    24
  • Auction
    11/Feb/2021
  • Rent
    £12,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price*
     
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • 33 High Street<br>Paisley<br>Renfrewshire<br>PA1 2AF
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* More information on the term "price" can be found here

Property Information

Location
Miles
8 miles west of Glasgow City Centre
Roads
A761, M8
Rail
Paisley/Gilmour Street Railways Station
Air
Glasgow International Airport
Situation

Paisley is a popular commuter town approximately 8 miles west of Glasgow. The property is situated in a prominent corner location on the south side of the pedestrianised High Street, close to its junctions with New Street and Church Hill, in the heart of Paisley town centre. The property is situated west of The Paisley Centre with occupiers including Marks & Spencer Outlet and Boots the Chemist. Other nearby occupiers include Sports Direct, Superdrug, Subway and TSB.

Tenure

Heritable. (Scottish equivalent of English Freehold)

Description

The property comprises a ground floor retail unit with ancillary accommodation on the first floor and a second floor access only via a hatch. The property benefits from a return frontage.

VAT

VAT is applicable to this lot.

Note

Please note that the purchaser will pay 1.5% + VAT of the purchase price towards the Vendor's costs, please see Articles of Roup/Conditions of Sale.

Viewings

Please contact Mhairi Archibald (07718 899341)

Completion Period

6 Week Completion Available

EPC

G. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

AccommodationUseFloor Areas
(Approx)
TenantTermRent p.a.xReviews
Ground/First
Second (hatch access)
Retail/Ancillary
-
239.22 sq m
-
(2,575 sq ft)
-
L. D.
NGUYEN
t/a
Hollywood
Nails & Spa
15 years from
22/11/2019 to
21/11/2034 on a
full repairing
and insuring
lease
£12,00022/11/2024
22/11/2029
Total
239.22 sq m
(2,575 sq ft)
  £12,000 

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    04.02.21
    File Size
    7 MB
    Login to View
  • Site Plan
    Updated Date
    22.01.21
    File Size
    778 KB
    View PDF
  • Catalogue Page
    Updated Date
    22.01.21
    File Size
    650 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    07.10.20
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Burness Paull LLP 120 Bothwell Street
Glasgow
G2 7JL
Graeme Bradshaw 0141 273 6976graeme.bradshaw@burnesspaull.com

Useful Links

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