Property for sale

36 Wellmeadow Street, Paisley, Renfrewshire PA1

Tenanted commercial unit

Enjoy immediate rental income with this commercial investment in convenient Paisley town centre location.

Situated on Wellmeadow Street, this ground floor premises extends to approximately 195 sq m and has been occupied by national bookmaker Ladbrokes for over 20 years. A new 10-year lease commencing 28 August 2026 (break option in 2031) will generate an annual rental income of £22,000, representing an outstanding 12.5% gross yield based on the guide price.

Opportunities to acquire established commercial investments with a long-standing national covenant and double-digit returns are rare, making this an excellent addition to any investment portfolio.

** Note to Prospective Buyers: Any purchase made as a Transfer of a Going Concern (togc), offering a potential VAT advantage, is subject to the purchaser meeting the relevant hmrc VAT registration requirements – buyer due diligence is recommended in this regard **

Wellmeadow Street is situated in a prominent commercial location close to Paisley town centre, benefiting from strong pedestrian footfall and excellent transport links. Paisley offers an extensive range of retail, leisure and dining facilities, together with regular rail services to Glasgow city centre and Glasgow Airport, while the nearby M8 motorway provides convenient access across the Central Belt.
Purchasers notes

Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.

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