Investment property, tenanted commercial building

This part-let commercial property investment is situated on the south side of Paisley High Street, a short distance from the pedestrianised section on a busy thoroughfare. The University of the West of Scotland lies nearby, alongside the Paisley Museum and Art Gallery, West College Scotland, Renfrewshire Council HQ, and main courts within a short walking distance. 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. The three-storey building comprises a ground floor retail unit currently used as a nail bar generating a passing rent of £12,000 per annum, a former public house on the ground and basement levels, and offices on the first and second floors. The former bar and offices are currently vacant. The combined rateable value is £138,000. Net floor areas extend approximately to: ground retail at 153.03 square metres, ground and basement public house at 401.36 square metres, and offices on the first and second floors at 272.36 square metres, providing a total net area of 826.75 square metres. The property offers potential for a change of use subject to planning consent and provides an opportunity to increase yield utilising the vacant office and former pub space.