2 Johnston Street, Paisley, Renfrewshire, PA1 1XG

FOR SALE BY ONLINE AUCTION WEDNESDAY 18TH OF JUNE 2025 AT 9.00AM - ***EXCITING OPPORTUNITY TO ACQUIRE A PRIME TENANTED COMMERCIAL INVESTMENT***SITUATED AT A PROMINENT CORNER POSITION ON JOHNSTON STREET IN THE HEART OF PAISLEY***HIGH POTENTIAL ANNUAL RENTAL YIELD OF 10.4% (BASED ON MARKET RENTAL VALUE AND GUIDE PRICE***

***KEY FEATURES***

- Prime Central Location High footfall area just a short walk from Paisley Gilmour Street Station, The Piazza Shopping Centre, and other major amenities.

- Tenanted Investment Currently let to a reliable commercial tenant, generating a consistent rental income. Full lease details available on request.

- Attractive Period Building Characterful faade with large display windows and excellent street visibility.

- Flexible Internal Layout Well-maintained interior space suitable for a range of commercial uses, including retail, office, or professional services (subject to planning permissions).

- Current lease term lasts until March 2033.

- Rental Income: Market rental value is £13,000 per annum, and based on the guide price, this represents high potential annual rental yield of 10.4%

***Don't miss this opportunity to secure a hassle-free investment in one of Scotland's most vibrant and well-connected towns. For further details please get in touch***

***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 35 Kelbourne Drive, Paisley, PA1 3PH - SOLD FEB'25 - 3 Bedroom - £325,000
- 13 Arondale Drive, Paisley, PA1 3TN - SOLD FEB'25 - 3 Bedroom - £297,000
- 22, Cyril Crescent, Paisley, PA1 1GT - SOLD FEB'25 - 3 Bedroom - £185,000

Paisley is a large town situated in the west central Lowlands of Scotland. Located north of the Gleniffer Braes, the town borders the city of Glasgow to the east, and straddles the banks of the White Cart Water, a tributary of the River Clyde. It serves as the administrative centre for the Renfrewshire council area, and is the largest town in the historic county of the same name. It is often cited as "Scotland's largest town" and is the fifth largest settlement in the country, although it does not have city status. Paisley has a population of 77,267 as of 2024.

***Great transport links Close to the M8 Motorway**Glasgow Airport**Train Station**Town Centre** This property is situated close to The University of West of Scotland***Popular Location for students. This is an excellent opportunity to acquire a property which offers excellent affordable rental prospects. The Location is ideal for letting to students at The University of West of Scotland, close to Paisley Town Centre with its Shopping centre, High Street & Train Stations. Further benefits include being close to the Royal Alexandra Hospital with Glasgow Airport being a short drive away, this property is a potential location for hospital workers. There are local shopping facilities available on adjacent streets to this property with extensive recreational facilities at Braehead Shopping Centre & The Xscape Entertainment centre. Furthermore, Paisley offers a plethora of Historic & Cultural pursuits centred around the acclaimed Paisley Museum & Art Galleries.

GUIDE PRICE - £125,000

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Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.