Retail Investment For Sale, 7 East High Street, Crieff, PH7 3AF

The property occupies the ground floor of a 2 storey property with residential units above and comprises a large rectangular shaped retail area with disabled wc to the rear. The premises have a large display window directly on East High Street (A85). The property sits immediately adjacent to Ladbrokes and other occupiers in  the immediate vicinity are mainly a mix of local retailers and restaurateurs. The first floor flat is in separate ownership.

Location

With a resident population of around 6,000, the historic market town of Crieff is the main town within the Strathearn area and is located approx 18 miles to the west  of Perth.

Thanks to its year-round popularity as a tourist location due to the location on the A85 main road from Perth to Oban and attractions such as Crieff Hydro, The Famous Grouse GlenTurret Whisky Experience, Gleneagles, and T-In-The-Park, footfall in the town is significantly boosted throughout the year.

Accommodation

The subjects have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and calculated to have a Net Internal Floor Area of 70.23 sq m (756 sq ft).

Terms

Our clients are seeking offers over £70,000. A purchase at this level would generate a yield of 10.11% after allowing purchasers costs of 1.75%.

Specification

• Passing rent of £7,200 per year
• Let to Ms Agnieszka Mroz personally
• Busy main street location
• Popular tourist town
• Affordable - VAT free & possibly Rates exempt