Commercial Property in Paisley

7 Causeyside Street, Paisley, PA1 1UW
  • Lot No: 17
  • Property Type: Commercial Property
  • Contract Type: Unconditional
Shepherd Commercial Auctions

Guide Price* £137,000+ plus fees

Property Description

The property comprises an attractive three storey building of traditional construction and is spread over first and second floors. The ground floor of the building is under separate ownership.


Accessed from Causeyside Street via a secure entry door system leading to an internal staircase. Given the internal layout, the first and second floor could be let separately to different tenants. Each floor provides a mix of open plan and cellular office space with designated WC facilities located on each floor landing. First Floor: 152 Sq M. (1,636 Sq Ft). Second Floor: 137 Sq M. (1,475 Sq Ft). Total NIA: 289 Sq M. (3,111 Sq Ft).


The premises are entered in the current valuation roll as follows: First floor - £12,000 Second floor - £9,600 The rate poundage for 2020/2021 is £0.498 to the pound.


Paisley is located approximately 7 miles west of Glasgow and benefits from excellent transport links via the M8 motorway. Paisley Gilmour Station is also within close proximity which serves Glasgow City Centre as well as the Clyde Coast. Glasgow International Airport is also located within approximately two miles of the subjects. The subjects are situated upon the corner of Causeyside Street and Forbes Place within Paisley Town Centre. Causeyside Street is a main arterial route within Paisley which carries a high volume of daily passing traffic and a high pedestrian footfall. Surrounding occupiers comprise a mix of national retailers including William Hill, Farmfoods, Co-op, Marks and Spencer and Cancer Research UK. The town is home to the University of the West of Scotland, adding to the footfall and potential customer base. Paisley is also the administrative hub for the council district and home to Renfrewshire Council’s HQ.


The buyers fee on this lot is 3.6% inc VAT subject to a minimum of £4,800 inc VAT.

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.


See Legal Pack

Conditions of Sale The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.   The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.   A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.   *Guide Prices and Reserve Prices Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.   Energy Performance Certificates EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.   Note Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.   Auction Fees The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.   The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.