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Prominent Town-Centre Two-Storey Commercial Investment

Prominent Town-Centre Two-Storey Commercial Investment

Address

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Auction date

25 Nov 2026

Guide price

£210,000

Type

Commercial

Tenure

Unknown

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

Prominently positioned in Johnstone town centre, this two-storey commercial investment comprises a retail premises currently occupied by a betting shop, with open-plan retail accommodation and training facilities above. It is offered as an income-producing opportunity with an established occupier.

  • Two-storey commercial property with open-plan retail space and ancillary facilities
  • Upstairs training area used as a regional training facility
  • Currently occupied by Betfred
  • Stated annual lease income of £19,000, representing an approximate 9% yield against the guide price
  • Existing arrangement described as a tacit lease; the occupier has indicated an intention to remain long term
  • VAT is applicable
  • Prominent town-centre location with nearby shops, cafés and local amenities
  • Johnstone has rail links towards Glasgow and Ayrshire and road access via the A737 and M8

This tenanted commercial asset may suit investors seeking current rental income, although prospective purchasers should review the legal documents and tenancy terms carefully. The property is in an established Renfrewshire town, approximately three miles from Paisley and around twelve miles from Glasgow city centre.

Last update: 29 Oct 2026

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