11 Gilmour Street, Paisley, PA1 1DD

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

Future Property Auctions hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

History

• First listed on Cornerlot 11 Oct 2026.

Future Property Auctions' record

About the lot

Freehold leisure lot in Paisley. Producing £28,000 a year, a 9.0% gross yield at the guide.

Commercial Investment. ***FREEHOLD, Tenanted, commercial investment property in premium trading spot within Paisley town centre***Massive regeneration investment in Paisley town centre***. ***Spacious commercial unit set over ground floor and basement levels***. Ground 118 square metres. Basement 81 square metres***. ***The seller's family have long history in this unit and unit has traded as a restaurant since 1964***. Set out with dining area for circa 90 covers and full commercial kitchen***. ***The premises are currently leases on an FRI basis and operates as an Italian restaurant. The lease has a remining 7 years and is leased at £28,000 pa rising to £33,800pa***. ***Located in a premium trading spot at Paisley Gilmour Street Station. Close to town centre and all amenities*** Fantastic opportunity to own an amazing piece of Paisley history***. ***FREEHOLD, Tenanted, commercial investment property in premium trading spot within Paisley town centre***Massive regeneration investment in Paisley town centre***. ***Spacious commercial unit set over ground floor and basement levels***. Ground 118 square metres. Basement 81 square metres***. ***The seller's family have long history in this unit and unit has traded as a restaurant since 1964***. Set out with dining area for circa 90 covers and full commercial kitchen with all expected catering equipment. There is a separate door entry for takeaway business***. ***The premises are currently leases on an FRI basis and operates as an Italian restaurant. The lease has a remining 7 years and is leased at £28,000 pa rising to £33,800pa***. ***Located in a premium trading spot at Paisley Gilmour Street Station. Close to town centre and all amenities*** Fantastic opportunity to own an amazing piece of Paisley history***. Tenancy: Type of Agreement: Full Repairing & Insuring (FRI). Length: 7. Rent: £28,000 per year / £2,333 per month. Yield: 9% (approx). Tenant: Private Individual. Notes: The property is situated on the Gilmour Street sitting under Paisley Gilmour Street railway station. with direct services between Glasgow and Ayrshire. Exciting new plans are being discussed for a direct link to Glasgow Airport. University of the West of Scotland lies nearby, with the Paisley Museum & Art Gallery located close to 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.