Property for sale
Key information
Property description & features
- Prime Property Auctions New Entry. Great sized tenanted commercial unit set on busy High Street in Johnstone. Rental per annum is £9,000 giving a fantastic 16% yield at Guide Price of £55,000.
- Sure to appeal to a variety of shrewd commercial landlords looking for a turnkey investment.
- Excellent tenant in place with long term lease. Rental per month is £750, which would provide a gross return of £9,000 per annum. This could provide a fantastic 16% yield if achieved for Guide Pric
- Property is currently tenanted by a Conservatory and Window Shop. Property comprises: open plan service area, well-equipped kitchen area, male and female toilets and basement storage space. Excellent
- Property is located on one of the busiest street in Johnstone and benefits from a large passing footfall.
Sure to appeal to a variety of shrewd commercial landlords looking for a turnkey investment.
Excellent tenant in place with long term lease. Rental per month is £750, which would provide a gross return of £9,000 per annum. This could provide a fantastic 16% yield if achieved for Guide Price of £55,000. *HIGH YIELD POTENTIAL*
Property is currently tenanted by a Conservatory and Window Shop. Property comprises: open plan service area, two toilets, multiple storage space and private office space
Property is located on one of the busiest street in Johnstone and benefits from a large passing footfall.
Prime Property Auctions is excited to present this commercial investment property on Johnstone High Street with a guide price of £55,000.
Property benefits from a Rateable Value of £5,900 - *under the payable rate threshold (small business rates relief)*
Comprises: large open plan service area, private office space, two toilets and large storage area to the rear of the property
Rental per month is £750, which would provide a gross return of £9,000 per annum. This could provide a fantastic 16% yield if achieved for Guide Price of £55,000 . Excellent tenant in place with long term lease
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
Sure to appeal to shrewd commercial investors looking for rare commercial premises with great high yield potential, or looking for affordable commercial premises.
Location:
The property is a 5 minute walk from the local train station, and situated directly in the town centre next to a whole host of amenities as well as being within close proximity to the motorway. Property conveniently close to local amenities, notably Aldi, Morrisons and Lidl, coffee shops and restaurants. Johnstone itself offers local shopping, sports/recreational facilities and schooling. The neighbouring countryside caters for a wide range of sports/leisure activities including fishing, golf and all equestrian pursuits. The property is nearby to the railway station providing excellent transport links to Paisley (5 minutes); Glasgow (15-20 minutes) and throughout Ayrshire including Prestwick International Airport. The M8 motorway network provides access to most major towns and cities throughout the central belt of Scotland, whilst Glasgow International Airport provides access to destinations further afield.
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Property reference 209089819. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
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Broadband availability and predicted speed
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Energy Performance data and Internal floor area
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