Drummond House comprises office/studio accommodation over two floors on the second and third floors of the building. The office has been refurbished in part. There is a communal kitchen, male and female toilet facilities on each floor and a lift serving all the accommodation. Heating is provided by a communal gas fired radiator system. Access to Drummond House is taken from Scott Street (opposite Greggs).
There is a door entry system that allows visitors to gain access and tenants will be provided with key fobs for direct access.
Location
The property is situated in a prominent location on the corner of Perth High Street and Scott Street. Neighbouring occupiers include Costa, Greggs, Starbucks, Barclays Bank, Specsavers, Holland and Barrett and the newly refurbished Perth Theatre.
Perth is the administrative and retail centre for the Perth and Kinross area with a resident population of 44,820 and was awarded City status in 2012. Perthshire is home to several world-class education and research institutions and major companies including; SSE, Aviva, Stagecoach and Highland Spring. Perth's immediate access to Scotland's national road network, airports and the city’s superb rail links ensure quick and easy access to markets and national talent.
Accommodation
Second Floor - 417.16 sq m (4,490 sq ft)
Third Floor - 395.62 sq m (4,258 sq ft)
Total - 812.78 sq ft (8,748 sq ft)
Terms
Terms - Our client is looking to lease the entire second and third floors for a nominal rent (£3 per sq ft) on Full Repairing and Insuring Lease terms.
Annual Rent - £26,300
Business Rates - There are multiple entries in the Valuation Roll for Drummond House as detailed below.
Office 1, Second Floor - £10,300
Office 2, Second Floor - £8,700
Office 3, Second Floor - £13,400
Office 1, Third Floor - £6,400
Office 2, Third Floor - £11,200
Office 3, Third Floor - £13,100
VAT - The property is VAT elected so VAT will be payable on the rent.
Legal Costs - Each party will be responsible for their own legal costs with the incoming tenant responsible for LBTT and registration dues.
Energy Performance Certificate - EPC is available on request.
Specification
- RENT ONLY £3 PER SQ FT
- City Centre office/studio accommodation
- Lift to all floors
- Suitable for variety of uses (subject to planning)
- Prominent location with lots of nearby amenities
- Mix of open plan and cellular accommodation
- Private entrance lobby with door entry system