Land for sale

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Offers over


(£17,000.00/sq. ft)

Land for sale

65 High Street, Paisley PA1

1,539 sq. ft

Local area information

Property location

Nearby amenities

  • Paisley Gilmour Street 0.3 miles
  • Castlehead High School 0.4 miles
  • Paisley Canal 0.4 miles
  • St Mary's Primary School 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Prominent corner position in Paisley Town Centre
  • Close to a University, Museum & Art Gallery, and Town Centre shops
  • Well-presented café premises
  • Net internal floor area 143.13 sq.m (1,541 sq.ft) over two floors
  • Rent £22,500pa with 5 years unexpired
  • Offers over £170,000 are invited
  • Net initial yield 13%
For Sale – Town Centre Cafe Investment, Paisley

High Street is a busy commercial location within Paisley
Town Centre with the property located at its western end, at the junction with Townhead Terrace. University of the
West of Scotland lies nearby, with the Paisley Museum &
Art Gallery located opposite the property.

The University of the West of Scotland (uws), West College
Scotland, Renfrewshire Council HQ and the main courts
are all within a short walking distance and 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.


65 High Street is a corner positioned café premises
contained over the ground and basement floors of a
traditional four storey red sandstone building with private
flats above.

The café is well presented with an open plan seating area, customer toilets and a kitchen to the rear, with internal
staircase access to the basement that is used for storage
with extra toilets.

The building extends to the following net internal floor

Ground (NIA) 69.77sqm (751 sqft)
First 73.39sqm (790 sqft)
Total 143.13sqm (1,541 sqft)

The rateable value is £12,000 allowing 100% rates relief, subject to occupier status.

The property is leased to an individual (t/a Cardosi’s
Espresso Bar) on a 20-year full repairing and insuring
lease, expiring 31st August 2029. The current rent is
£22,500 per annum.

Offers over £170,000 are invited, which would show a net
initial yield of 13% after standard costs.

EPC available upon request.

Legal costs
Each party to be responsible for their own legal costs
incurred during the transaction.

More information

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