Property photos
Guide price
£110,000
Office for sale
1 Silk Street, Paisley, Renfrewshire PA1Local area information
Property location
Nearby amenities
- Paisley Gilmour Street 0.2 miles
- Paisley Grammar School 0.3 miles
- St Catherine's Primary School 0.5 miles
- Paisley Canal 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Paisley to find out more about the local area.
Features and description
- Freehold
- Unique three floor commercial and residential property
- Opportunity To Convert to all residential (subject to planning consents)
- Potential rental yield of 15.8%
***Consists of offices on the first floor, office one the second floor and a flat on the top floor***
***Rent of £6,000 a year each for the first floor office space, and for the second floor office space. Top floor flat rental income of £5,400 a year. Total rental income of £17,400 (yield of 15.8%).
***Nearby 8 Greenlaw Drive (4 bedroom) Sold £396,814 Sold (May'24)***Nearby 35 Glasgow Road (4 bedroom) Sold £261,000***Nearby 21 Kelburn Drive (2 bedroom) Sold £185,315 (May'24)***Nearby ***high value sought after location***
***This rare available three floor property could potentially offer lucrative returns if redeveloped (subject to planning)***
***Likely to attract substantial interest from developers and investors***
***Paisley is the largest town in Scotland, with high rental demand. The University of the West of Scotland and West college Scotland both have campuses in the town centre, only a short distance away***
***Paisley is also a popular commuter base for the city of Glasgow, which is accessible by car or bus via the M8 or by train. There are many amenities nearby, including the Phoenix Retail Park in Linwood, which includes an Asda Superstore, coffee chains and other stores such as tk Maxx, Hobbycraft, Pets at Home and Smyths Toys. Next to the retail park is the Showcase Cinema, which also hosts fast food restaurants McDonalds, kfc and Taco Bell***
Guide price - £110,000
To view legal documents relating to this property please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/ Special Conditions in the Legal pack to confirm.
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Floor plans and tours
Floor plans (2)
Tours (1)
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More information
Listed by
Online Property Auctions Scotland
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