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COMMERCIAL

Scott Street, Perth

Guide Price
£125,000
Auction House Scotland, Glasgow
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Day one income from tenant in situ
  • Five year lease in place
  • Strong rental yield in excess of 11%
  • Thriving gaming/memorabilia business

Description

If you’re looking to add a high yielding retail unit to your commercial portfolio, or take your first steps into commercial ownership, then this tenanted unit could be the perfect opportunity for you. Enjoying prime central location on Perth’s Scott Street, Out of This Galaxy is a newly established and thriving tabletop games and memorabilia store. The unit offers a floor area of approximately 102 sq. metres comprising main retail area with additional gaming area, storage, kitchen and WC to the rear, with the tenant offering a wide range of stock and also with tables for in-store games clubs/societies within a well presented environment. A five year lease was agreed in January 2025, with a passing rent of £14,000 per annum, which equates to an attractive immediate rental yield in excess of 11%. The published rateable value is £13,100 which means that a scaled level of rates relief may be available. Immediate rental income always attracts strong levels of interest, so early viewing is essential.

Scott Street enjoys ideal central Perth location with good levels of footfall. Perth has an excellent choice of shops, bars and restaurants as well as a concert hall, theatre, art gallery, museum and cinema. The town’s leisure facilities also include the Perth Climbing Centre, The Willowgate Activity Centre, Perth Leisure pool, an ice rink and two sports centres. Local golf courses include the North Inch Golf Course (one of the oldest in Scotland), James VI Golf Course on Moncrieff Island (a short walk away), Craigie Hill and Murrayshall. The world famous golf courses at Gleneagles and St Andrews are both within 35 miles. There is National Hunt racing at Scone Palace, which also hosts The Scottish Game Fair.


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Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

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Energy Performance Certificates

EE

Scott Street, Perth

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Perth Station0.4 miles
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About Auction House Scotland, Glasgow

Building 3, 46 Munro Place, Anniesland, Glasgow G13 2UP
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Launched in 2013, Auction House Scotland forms part of a network of property specialists with the ability to sell anything anywhere in the UK; whatever the size, condition or circumstance, there is nothing we haven't seen or sold before.

 

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference AGG-84726035. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House Scotland, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House Scotland, Glasgow on 0141 673 7275.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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