Retail Property (high street) for saleSouth Street,Perth,PH2
Offers in Region of 1,160 sq. ft. | £14,000
- 1,160 sq ft (107 sq m)
- Use class orders: A1 Shops
The City of Perth lies centrally within Scotland approximately 40 miles north from Edinburgh, some 22 miles west from Dundee and around 33 miles north-east from Stirling. The city has a good communication system, lying at the junction of the M90 and the A9, two of the main routes north from Edinburgh and Glasgow with a resident population of around 50,000, although the city provides services for a much larger rural hinterland.
The premises are centrally located in Perth and lie off the south side of South Street towards its western end, close to the junction with Scott Street. South Street is part of the Perth City Centre one way system and there is a steady flow of traffic with the Post Office, a Tesco supermarket and city bus stops all within close proximity.
A double fronted ground floor shop unit within a three storey mid terraced stone building.
The shop front incorporates two display windows and a central glazed double entrance doorway, affording good visibility on to South Street. The property has recently been refurbished and is well presented.
Internally the accommodation provides a large open plan front shop, to the rear is office space, a kitchen and a toilet. There is a good sized basement which can be used as storage but also incorporates an office.
The subjects are available on Full Repairing and Insuring Terms for a flexible period although our clients would prefer a longer lease term.
We have consulted the Tayside Assessor's website (www.saa.gov.uk) and note that the premises are entered into the current Valuation Roll as follows:
Rateable Value: £20,600
The Unified Business Rate for the financial year 2016/2017 is 48.4pence.
Under existing legislation a new occupier has the right to appeal against this assessment. Small Business Relief may be available this should be checked with Perth & Kinross Council.
A rental in the region of £14,000 per annum exclusive is anticipated.
Prospective tenants should agree the main Heads of Lease in writing with the Marketing Agents and thereafter our client's Solicitors will issue the formal Lease documentation.
Early entry can be given on completion of missives.
ENERGY PERFORMANCE RATING:
A copy of the Energy Performance Certificate will be made available to interested parties.
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