For Sale

For Sale
Development Opportunity, Residential
Mirren Chambers, 41 Gauze Street, Paisley, PA1 1EX
Tenure: For Sale
Size: 9,577 sq ft (890 sq m)
Price: Offers in Excess Of £450,000
FIRST FLOOR
SECOND FLOOR
THIRD FLOOR
FOURTH FLOOR

Key Features

  • Residential Redevelopment Opportunity – 14 Flats
  • Full Planning Permission Granted
  • Excellent Car Parking
  • Town Centre Location

The property comprises the upper floors of two interconnecting 5 storey blocks with feature balconies and a lift. The property includes extensive car parking with 22 spaces being allocated to this property. The ground floor commercial space doesn’t form part of this sale.

Paisley is situated in Renfrewshire, 9 miles to the west of Glasgow and only 1 mile from both Glasgow International Airport and the motorway network.  The town has excellent public transport infrastructure including a direct rail link to Glasgow city centre.  It is the largest town in Scotland with a resident population of 75,000 or thereby, is the administrative centre for Renfrewshire Council and is home to the University of West of Scotland.

The property is located in Gauze Street close to its junction with Incle Street within the town centre. Gauze Street is an arterial route heading east towards the affluent residential areas of Barshaw Park and Ralston.  The subjects sit a short distance to the east of the successfully redeveloped Arnotts Department Store, Abbey View, and are within a short walking distance of Paisley Abbey and its surrounding expansive public realm.

ACCOMMODATION SCHEDULE

 

UNIT FLOOR BEDS  

GIFA       (SqM)

 

 GIFA

(SqFt)

         
1A First 2 Bed 60 646
1B First 2 Bed + ES 73 786
1C First 2 Bed 53 570
1D First 2 Bed 62 667
         
2A Second 2 Bed 60 646
2B Second 2 Bed + ES 73 786
2C Second 2 Bed 53 567
2D Second 2 Bed 62 667
         
3A Third 1 Bed 48 517
3B Third 2 Bed 63 678
3C Third 2 Bed 53 570
3D Third 2 Bed 45 484
         
4A Fourth 3 Bed 90 969
4B Fourth 3 Bed 95 1,023
         
Totals     890 9577

PLANNING

Full planning permission has been granted to convert the subjects into 14 residential dwellings with associated parking. The development will comprise 11 x 2 bed, 2 x 3 bed and 1 x 1 bed apartments. Further details in relation to the planning consent 22/0747/PP granted 24 April 2024 can be found on the Renfrewshire Planning Portal.

The property sits immediately outside Paisley Town Centre Conservation Area and is not Listed.

All planning enquiries should be directed towards Renfrewshire Council Planning Department.

TENURE

Heritable Interest with outright ownership.

EPC

Available on request.

PRICE

Our client is inviting offers in excess of £450,000 for their heritable interest in this property.

OFFERS

In the normal Scottish form addressed to this office.

ACQUISITION COSTS

Each party shall be responsible for their own legal costs incurred in connection with the eventual purchaser liable for any Land Building and Transaction Tax (LBTT) and VAT thereon.

DATE OF ENTRY

To be mutually agreed.

ANTI-MONEY LAUNDERING

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/ occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before any transaction can proceed.

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