For Sale / May Let
Retail
43 Gauze Street, Paisley, PA1 1EX
Tenure: To Let
Size: 603 sq ft (56 sq m)
Rent: Offers in Excess Of £100,000

Key Features

  • Attractive ‘turnkey’ office/retail premises
  • Prominent position off busy junction within Paisley town centre
  • Qualifies for 100% rates relief
  • NIA 56.00 sq m (603 sq ft

 

Attractive end-terrace retail premises formed on the ground floor of a traditional three storey sandstone tenement building and continues into the entirety of a single storey adjunct to the rear.  It forms the most easterly unit on an established retail parade with the upper floors being in separate residential use. 

 

Most recently trading as the office of a firm of financial advisers, the unit is freshly decorated with a modern shopfront and offers an excellent ‘turnkey’ opportunity for parties seeking a similar use. Given its attributes however, it would also suit a variety of alternative uses, subject to planning.

 

Paisley is situated in Renfrewshire, 9 miles from Glasgow and only 2 miles from Glasgow International Airport.  It offers excellent road and public transport infrastructure including a direct rail link to Glasgow city centre.  Paisley is the largest town in Scotland with a resident population of 75,000 or thereby, is the administrative centre for Renfrewshire Council and home to University of West of Scotland.

 

The subjects hold a prominent position on the northern side of Gauze Street, part of the A761 road, to the north west of the busy junction where it and the A726 road meet on the eastern periphery of Paisley town centre. The subjects are therefore highly visible to the heavy levels of passing vehicular traffic. As well as the excellent road links, the subjects also benefit from being situated a short walk from Paisley Gilmour Street train station, several public bus stops and levels of public and on street car parking.

 

 

In the normal Scottish form addressed to this office.

 

Floor area

Rateable value

 

According to the Scottish Assessor’s website (www.saa.gov.uk), the subjects have a Rateable Value of £8,500.  Occupiers that qualify can therefore apply for 100% rates relief under the current Small Business Bonus Scheme.

 

Energy performance certificate

 

Energy Performance Certificate Rating C.

Asking price

Offers

Date of entry

 

As soon as possible.

 

Vat

 

Not applicable.

 

Acquisition costs

 

Each party shall bear their own legal costs in the preparation of the lease with the eventual  tenant/purchaser liable for any Registration Dues or LBTT thereon.

 

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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Retail and Leisure Agency Team of the Year – Finalist

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