FOR SALE BY ONLINE AUCTION WEDNESDAY 23RD OF SEPTEMBER 2026 AT 9AM - ***GREAT OPPORTUNITY TO ACQUIRE PROMINENT TOWN CENTRE COMMERCIAL INVESTMENT***COMPRISING A RETAIL PREMISES CURRENTLY OCCUPIED BY BETFRED***HIGHLY VISIBLE POSITION WITHIN THE COMMERCIAL CENTRE OF JOHNSTONE***LEASE INCOME PER ANNUM OF £19,000 (REPRESENTS A 9% YIELD BASED ON GUIDE PRICE)***
The property occupies a highly visible position on William Street within the established commercial centre of Johnstone, providing a strong trading location with good levels of surrounding footfall and passing traffic. William Street forms part of the town's principal retail and commercial area, with a variety of shops, cafés, businesses and local amenities located nearby.
The premises are currently let and trading as a Betfred betting shop, offering an attractive opportunity for investors seeking an income-producing commercial asset with an established occupier. The presence of a recognised national operator provides potential for a straightforward investment proposition, subject to the terms of the existing tenancy.
Internally, the property provides open-plan retail accommodation arranged to suit its current use, together with ancillary facilities. The layout offers a practical commercial configuration and benefits from its established betting-shop fit-out. Upstairs there is a training area used as Betfred's main training facility in the area.
Johnstone is an established Renfrewshire town situated approximately 3 miles south-west of Paisley and around 12 miles west of Glasgow, providing convenient access to the wider Central Belt. The town benefits from good road and rail connections, with Johnstone railway station providing services towards Glasgow and Ayrshire, while the nearby M8 motorway provides access to Glasgow, Edinburgh and the national motorway network.
The surrounding area provides a broad range of amenities, including independent and national retailers, supermarkets, cafés, restaurants, leisure facilities and professional services.
*Key Investment Highlights*
- Prominent commercial premises on William Street
- Currently occupied by Betfred
- Established national occupier
- Income-producing investment opportunity
- Situated within Johnstone town centre
- Established retail and commercial location
- Good transport links to Paisley and Glasgow
- Attractive proposition for private investors and commercial property investors
7 William Street represents an appealing opportunity to acquire a tenanted commercial investment in an established Renfrewshire town, with the property benefiting from an existing national occupier and prominent town-centre positioning.
Description - Betting shop and training offices above
Let to - Done Brothers (Cash Betting) ltd t/a as Betfred
Lease PA - £19,000
VAT - Yes
Lease Details - Payable: Quarterly
Currently on a tacit lease but they use the upstairs as a training centre and they have intimated that they would like to remain on site long term.
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 40 Newton Avenue, Elderslie, Johnstone, PA5 9BE, Semi Detached - SOLD £525,000 (May'26)
- 5, Patrickbank View, Elderslie, Johnstone, PA5 9UB, Detached, 5 Bedroom - SOLD £430,000 (May'26)
- 54, Bridge Of Weir Road, Brookfield, Johnstone, PA5 8BE - SOLD £425,000 (May'26)
Johnstone is a town in the administrative area of Renfrewshire and larger historic county of the same name, in the west central Lowlands of Scotland.
The town lies 3 miles (5 km) west of neighbouring Paisley, 12 miles (19 km) west of the centre of the city of Glasgow and 12 miles (19 km) north east of Kilwinning. Part of the biggest conurbation in Scotland, Johnstone is at the western edge of the Greater Glasgow Urban Area.
***TRANSPORT***
*Air*
Johnstone is served by Glasgow International Airport, which is located 3+1⁄2 miles (5.6 km) northeast of the town. Moreover, Prestwick International Airport is a 30-to-40-minute train journey from Johnstone railway station.
*Road*
A dual carriageway, the A737, connects Johnstone to the M8 motorway to provide car transport links to central Scotland.
*Bus services*
McGill's Bus Service Limited operate the majority of local services from their depot in the west end of Johnstone, running the following routes serving the town
1/A: Port Glasgow Retail Park – Johnstone (via Kilmacolm, Quarriers Village and Bridge of Weir)
2: Johnstone – Bridge of Weir (via Linwood and Houston)
20/A: Johnstone – Paisley (via Cochrane Castle, Johnstone Castle, Elderslie and the Royal Alexandria Hospital)
30: Johnstone - Spateston
31: Johnstone - Cochrane Castle
32: Johnstone - Kilbarchan
38/A: Glasgow – Paisley – Johnstone – Spateston/Kilbarchan
307/A: Johnstone - Lochwinnoch
904: Largs – Kilbirnie – Beith – Howwood – Johnstone – Paisley
Shuttle Buses, based in Kilwinning, Ayrshire runs the following services:
1: Johnstone – Johnstone Castle
5: Johnstone – Spateston Rail
*Johnstone railway station*
Johnstone is linked to Glasgow Central, Paisley and the Ayrshire coast by the Johnstone railway station which is located at the east of the town on Thorn Brae. A second unstaffed station Milliken Park railway station lies at the west end of the town, just off the Cochranemill road. The railway line runs through the cutting of the old Glasgow–Ardrossan Canal, although the route of the canal runs under the original bridge, Dick's Bridge, at the bottom of the Thorn Brae, where the canal basin was situated and in winter, the rim of the canal basin sometimes becomes visible.
It may be noted that a second railway line ran through the town serving the villages of Kilbarchan, Bridge of Weir, and Kilmacolm; the line now forms part of the Clyde to Forth cycle route (National Cycle Route 75). It had a station serving the Northern, more industrial areas of town, Johnstone North railway station.
***EDUCATION***
Johnstone has a good range of educational facilities, with primary and secondary schooling available locally and further education opportunities accessible in nearby Paisley and the wider Renfrewshire area.
*Primary Schools*
Primary provision in Johnstone includes Auchenlodment Primary School, Cochrane Castle Primary School, Fordbank Primary School, Thorn Primary School and St Margaret’s Primary School. There are also nearby primary schools serving the surrounding communities, including Howwood and Kilbarchan.
Auchenlodment Primary School, Cochrane Castle Primary School and Fordbank Primary School provide non-denominational primary education, while St Margaret's Primary School provides denominational education.
*Secondary Education*
The principal secondary school serving Johnstone is Johnstone High School on Beith Road. It is a six-year, non-denominational secondary school serving Johnstone and surrounding communities including Howwood, Kilbarchan and Lochwinnoch. The school provides education from S1 to S6 and offers a broad range of courses and qualifications.
For Roman Catholic secondary education, St. Benedict's High School in nearby Linwood serves the area, with St Margaret’s Primary School associated with St Benedict’s.
***THINGS TO DO IN JOHNSTONE***
Johnstone has a good selection of parks, woodland walks, local heritage attractions and leisure facilities, while the surrounding countryside provides plenty of opportunities for walking and outdoor recreation.
*Parks, Walks & Outdoor Activities*
Locherwood Community Woodland – A pleasant woodland area near Johnstone, offering opportunities for walking and enjoying the local countryside.
Thomas Shanks Park – A popular local green space suitable for walking, recreation and family activities.
Glen Park – A well-used local park providing open space and recreational facilities.
Spateston Park – A local recreational area with facilities for outdoor activities.
Johnstone Woods – Around four miles of maintained paths run through Bluebell Wood and Rannoch Wood on the hillside above the town.
Windyhill Woods – Woodland walks lead towards views over Paisley, Glasgow and the Kilpatrick Hills, with Brandyburn waterfall providing a particularly attractive local feature.
*History & Heritage*
Johnstone has an interesting industrial and social history. The Johnstone History Museum contains artefacts and memorabilia relating to the development of the town and its industrial heritage. Other local points of interest include Clochoderick Stone, Johnstone Castle, Houston Square and the Johnstone War Memorial.
Kenmure Hill Temple, near Johnstone, is another interesting local landmark and provides a destination for walkers exploring the surrounding countryside.
*Sport & Leisure*
Johnstone Community Sports Hub provides local sporting and leisure facilities, making it a useful venue for exercise and recreational activities.
For families, several local play parks have recently benefited from investment, including facilities at Campbell Street and Poplar Avenue in Johnstone.
*Attractions Near Johnstone*
Johnstone is also well placed for exploring the wider Renfrewshire countryside:
Gleniffer Braes Country Park – Extensive countryside with woodland, moorland, reservoirs and walking opportunities.
Clyde Muirshiel Regional Park – A large outdoor recreation area with walking, wildlife and scenic countryside.
Castle Semple and Lochwinnoch – Popular for waterside walks, wildlife and outdoor activities. Renfrewshire Council highlights Castle Semple Loch as an excellent location for viewing water birds.
Paisley – Just a short distance away, offering attractions including Paisley Abbey, museums, cultural venues, restaurants and shopping.
GUIDE PRICE - £210,000
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***GREAT OPPORTUNITY TO ACQUIRE PROMINENT TOWN CENTRE 2 STOREY COMMERCIAL INVESTMENT***
***COMPRISING A RETAIL PREMISES CURRENTLY OCCUPIED BY BETFRED***HIGHLY VISIBLE POSITION WITHIN THE COMMERCIAL CENTRE OF JOHNSTONE***
***LEASE INCOME PER ANNUM OF £19,000 (REPRESENTS A 9% YIELD BASED ON GUIDE PRICE)***
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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