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Prominent Restaurant Premises, 18 South Methven Street, Perth, PH1 5PE

1,626 Sq Ft / Leisure / Restaurants / Cafes

To Let - £30,000.00 per annum

Available - Last updated: 29 July 2024

The subjects form part of a three storey attic and basement corner terraced building which formerly comprised bank premises and more recently has been occupied by Pizza Express as restaurant premises.

The accommodation comprises a well-presented ground floor restaurant with around 60 covers.  Ancillary accommodation such as staff, storage and toilet facilities are contained within the basement, first and second floors.

Location

Perth, which has a population of approximately 45,000 persons (Source: Perth & Kinross Council), is the principal area of Perth & Kinross District and has recently been awarded City status.

Historically known as the gateway to the Highlands, Perth enjoys close proximity to Scotland’s main cities with 90% of the country’s population accessible within 90- minute drive time.  Dundee lies approximately 22 miles to the east with Edinburgh 43 miles to the south and Glasgow 61 miles to the southwest.

Perth is located at the base of the River Tay in the heart of Scotland with the A9 and A90/M90 giving easy access to Dundee, Edinburgh, Glasgow and the south beyond.

The property is prominently positioned at the corner of South Methven Street and High Street within the centre of Perth a short distance from the prime pedestrianised section of High Street.

Accommodation

Ground Floor

Restaurant ,Storage and Disabled Toilet - 116.10 sq m (1,250 sq ft)

Basement

Storage and Toilet Facilities - 25.10 sq m (270 sq ft)

First Floor

Storage - 2.20 sq m (24 sq ft)

Second Floor

Staff and Storage - 7.60 sq m (24 sq ft)

TOTAL - 151 sq m (1,626 sq ft)

Terms

TERMS - Our client is inviting rental offers in the region of £30,000 per annum for a negotiable term.

RATEABLE VALUE - Rateable Value – £22,000

EPC - Available upon request.

VAT - Prices quoted are exclusive of VAT.

LEGAL COSTS - Each party to bear their own legal costs in connectionwiththis transaction.

MONEY LAUNDERING - The money laundering, terrorist financing and transferoffunds (information on the payer) regulations 2017came intoforce on the 26th June 2017. This now requiresus to conductdue diligence not only on our client butalso and anypurchasers or occupiers. Once an offer hasbeen accepted,the prospective purchaser(s)/occupier(s)will need to provide,as a minimum, proof of identity andresidence and proof offunds for the purchase, before thetransaction can proceed.

Specification

  • PROMINENT CORNER LOCATION BETWEEN SOUTH METHVEN STREET AND HIGH STREET WITHIN CENTRE OF PERTH
  • NET AREA –151 SQ. M (1,626 SQ. FT)
  • RENTAL OFFERS IN THE REGION OF £30,000 PER ANNUM

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £30,000.00 per annum

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Jonathan Reid

Shepherd Commercial

01738 590065

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