The subjects comprise a ground floor retail unit contained within a traditionally constructed building. The property benefits from a glazed display window directly onto South Methven Street.
Internally the property is regular in configuration, suitable for a variety of commercial uses subject to consents. The property comprises a front shop with rear staff/storage area and WC.
The landlord is willing to undertake refurbishment works in conjunction with an ingoing tenant. Further information available from the Sole Agents.
( Agency Pilot Software ref: 53750 )
Location
The City of Perth has a resident population of approximately 46,000 people with a population of the surrounding catchment area estimated to be in the region of 130,000. Perth is situated some 20 miles west of Dundee, 40 miles north of Edinburgh and 60 mile north east of Glasgow. More precisely, the subjects are situated on the west side of South Methven Street, within Perth city centre. The surrounding area is mixed commercial in use, comprising, retail, office and licenced trade operators.
Accommodation
36.41 sq.m (391 sq.ft)
Terms
RATEABLE VALUE The subjects are entered in the Valuation Roll with a Net and Rateable Value of £5,300. The unified business rate for the year 2024/2025 is 49.8p exclusive of water and sewerage rates. Occupiers may qualify for 100% rates relief however should satisfy themselves in this regard
EPC Available on request.
TERMS / RENT The subjects are available to rent at an annual rent in the region of £5,500 per annum. Alternatively the subjects are available For Sale with offers of £50,000 invited for the Heritable Title
LEGAL COSTS + VAT Each party to bear their own legal costs associated with the transaction. The property has not been elected for VAT
Specification
• City centre position
• Popular mixed used location
• Suitable for a variety of commercial uses
• May qualify for 100% Rates Relief
• VAT free