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140-150 South Street, Perth, PH2 8PA

Offer in excess of

£295,000

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Other

No floor / site plan

Key features

  • 7 residential units across two entire adjoining buildings
  • Prominent Perth city centre location
  • Income producing, £35,040 p.a. expected gross rent
  • Significant LBTT savings via Multiple Dwellings Relief
  • Heritable interest
  • Offers over £295,000, approx. 11.9% gross yield on full occupancy

Description

An opportunity to acquire a residential investment of seven flats on South Street in Perth city centre, currently producing £28,440 per annum, rising to approximately £35,040 per annum once flat 142E is let, reflecting a potential gross yield of approximately 11.9% at the asking price. The ground-floor commercial units are excluded. For details or to discuss, please contact TSA Property Consultants.

Perth (population c.45,000) is the principal settlement of Perth & Kinross and has recently been awarded City status, with 90% of Scotland's population within a 90-minute drive via the A9 and A90/M90. South Street is a busy city-centre street with a mix of local and national retailers.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

140-150 South Street, Perth, PH2 8PA

NEAREST STATIONS

National Rail

Perth Station

0.42 miles

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Disclaimer - Property reference 427418-1. 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 TSA PROPERTY CONSULTANTS LTD, 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.