MUST GO TO AUCTION - No bids can be made prior to the auction for this lot...

Lot 131

Guide Price: £40,000

9 Caledonia Street (Full Building), Paisley, PA3 2JG


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Key Features:

EXCELLENT COMMERCIAL INVESTMENT OPPORTUNITY. Well located central Paisley Public House with 3 bedroom first floor flat (separate entrance). Property is located 500 yards from Paisley Gilmour Street


  • Valued by Shepherd Surveyors (RICS) at £80,000 in August 2018. Property comprises 339 Sq. Ft Public Bar, 302 Sq. Ft lounge bar, various outbuildings, toilets & self contained upper apartment
  • Apartment comprises: 3 BEDROOM self contained main door Maisonette with gas central heating & double glazing. Rental potential circa £500 per month (£6,000 p/a). Requires upgrading throughout
  • *** LOW PRICE *** LOCAL SALES: Caledonian Bar was sold for £100,000 - Similar size building with residential property included. Residential Sale: 7 Caledonia Street, Flat 1/1, Paisley - £77,500
  • Paisley has a range of local and town centre amenities including shops, supermarkets, schools and transport services. Bus and rail links give regular access throughout the area and into Glasgow


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.
Rateable Value

Search Council Records

- Click the above link to search the latest records for this post code. The Scottish Assessors Portal provides Council Tax and Rates for all properties in Scotland.


Full Details:

EXCELLENT COMMERCIAL INVESTMENT OPPORTUNITY. Well located central Paisley Public House with 3 bedroom first masionette apartment (separate entrance). Property is located 500 yards from Paisley Gilmour Street. Valued by Shepherd Surveyors (RICS) at £80,000 in August 2018. Property comprises 339 Sq. Ft Public Bar, 302 Sq. Ft lounge bar, various outbuildings, toilets & self contained residential apartment. Apartment comprises: 3 BEDROOM self contained main door Maisonette with gas central heating & double glazing. Rental potential circa £500 per month (£6,000 p/annum). Requires upgrading throughout. Building has mains connections water, gas and electricity. SURVEYOR'S VALAUTION - £80,000 (EIGHTY THOUSAND POUNDS)

Guide Price: £40,000


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

Must Go To Room...

You must bid at the live auction for this lot. You may not submit an offer now on this property as the seller has instructed us to offer this lot at the auction room. View our instructions on how to bid at the auction for further instructions.

Map & Location:


Paisley has a range of local and town centre amenities including shops, supermarkets, schools and transport services. Bus and rail links give regular access throughout the area and into Glasgow *** LOW PRICE *** LOCAL SALES: Caledonian Bar was sold for £100,000 - Similar size building with residential property included. Residential Sale: 7 Caledonia Street, Flat 1/1, Paisley - £77,500 (2 Bedroom Flat)

Viewings:


Internal Open Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime...


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Auction Details:



  • Auction Date...

    04 February 2019


  • Start Time...

    7.30pm


  • Auction Location...

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions...

Glasgow Radisson | Edinburgh Marriott


Registration...

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs...

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits...

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method...

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.

How To Bid:


*** BID NOW UNAVAILABLE ON THIS LOT ***

You must bid at the live auction for this lot either in person or by phone/proxy. You may not submit an offer now on this property as the seller has instructed us to offer this lot at the auction room. View the below options for how to bid at the auction...

Bid Live in Person...

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live...

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy... (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form