Offers over
£490,000
(£70.55/sq. ft)
Property for sale46 Causeyside Street, Paisley PA1
6,945 sq. ft
About this property
Entire building for sale with asset management and future redevelopment potential
Located within Paisley Town Centre within new arts and creative hub
Comprises hot food unit, hair salon, night club space, vacant second floor and 2 x bedroom apartment
Total rent roll of £51,480 per annum
Offers over £490,000 reflects a niy of 10.24% after costs
Ground Floor – 46 causeyside street
Well-fitted hot-food unit t/a Andy’s Golden Fry. Long established, award-winning local fish and chip takeaway business.
First Floor – 46A causeyside street
Popular fully licensed nightclub t/a Rogue Paisley.
Ground Floor – 2 browns lane
Very well fitted hair salon / beauty premises.
2nd Floor - 4 browns lane
Vacant space suitable for residential / commercial, subject to planning.
46B causeyside steet
2 x bedroom flat with lounge and kitchen and single bathroom.
Location
The subjects are situated in the heart of Paisley Town Centre which is situated just 8 miles west of Glasgow City Centre with a population of approximately 77,000.
Causeyside Street is one of Paisley’s principal retail streets with high volumes of vehicle and pedestrian traffic. The subjects command a prominent corner position on the west side of Causeyside Street at its corner with Browns Lane within Paisley’s new creative and arts hub.
Regular bus services operate on Causeyside Street whilst Gilmour Street Railway Station is a 10-minute walk north.
Neighbouring occupiers include wm Phelps Butchers, Prestige Floors, Paisley Picture Framers, Spar, Cancer Research.
Tenancy Information
The subjects produce a total rent of £51,480 per annum. A copy of the tenancy schedule is available to seriously interested parties.
Mortgage calculator
£2,451 per month
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