Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT
£130.31 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
10,744 sq ft
998 sq m
- SECTOR
High street retail property for sale
Key features
- Highly prominent corner position within the vibrant heart of Perth, opposite Perth Museum and within the Café Quarter.
- Superb city centre building suitable for a variety of alternative uses (subject to planning).
- Let to Bank of Scotland PLC (5A1 D&B Rating) expiring in December 2029 - providing over 4.5 years term certain.
- Tenant has been in occupation for over 20 years.
- Regional HQ. Critical customer service hub and training facility for the NE Scotland region.
- Low current passing rent of £130,000 per annum.
- Inviting offers in excess of £1,400,000 (exclusive of VAT).
- Attractive net initial yield 8.76%.
- Capital rate of c. £155 per sq ft.
Description
Brochures
Bank Of Scotland, 10-16 King Edward Street, Perth, Scotland, PH1 5UT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Perth Station0.5 miles
Notes
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