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Tenanted commercial unit in Paisley town centre

Paisley, PA1 - Get Access

Description

Enjoy immediate rental income with this commercial investment in a convenient Paisley town centre location. Situated on Wellmeadow Street, this ground floor premises extends to approximately 195 sq m and has been occupied by national bookmaker Ladbrokes for over 20 years. A new 10-year lease commencing 28 August 2026, with a break option in 2031, will generate an annual rental income of £22,000, representing an outstanding 12.5% gross yield based on the guide price. Opportunities to acquire established commercial investments with a long-standing national covenant and double-digit returns are rare, making this an excellent addition to any investment portfolio. Wellmeadow Street is situated in a prominent commercial location close to Paisley town centre, benefiting from strong pedestrian footfall and excellent transport links. Paisley offers an extensive range of retail, leisure, and dining facilities, together with regular rail services to Glasgow city centre and Glasgow Airport, while the nearby M8 motorway provides convenient access across the Central Belt.
Comparable sales
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Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 2,099 sq ft (Listing)

Valued as a commercial investment property located in Paisley town centre, extending to 2,099 sq ft and let to a national tenant. Condition is fair with noted external stonework maintenance requirements. Floor area is derived from the advertised and internal property specifications.

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